Notes to SEFA
Title: NOTE 3 - PASS-THROUGH ENTITIES
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal awards activity of Access Alaska, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of 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 Access Alaska, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Access Alaska, Inc.
De Minimis Rate Used: Y
Rate Explanation: SEE NOTE 3
Pass-through entity identifying numbers are presented where available.