Notes to SEFA
Title: Note 4: Sub-Recipients
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of TPA Network, Incorporated under programs of the federal government for the year ended September 30, 2022. The information in this schedule is presented in accordance with requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of TPA Network, Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TPA Network, Incorporated.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. TPA Network, Incorporated negotiated an indirect cost rate with the US Department of Health and Human Services of 20% and is not utilizing the 10% de minimis cost rate.
TPA Network, Incorporated does not have any sub-recipients of federal awards.
Title: Note 2: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of TPA Network, Incorporated under programs of the federal government for the year ended September 30, 2022. The information in this schedule is presented in accordance with requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of TPA Network, Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TPA Network, Incorporated.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. TPA Network, Incorporated negotiated an indirect cost rate with the US Department of Health and Human Services of 20% and is not utilizing the 10% de minimis cost rate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.