Audit 6177

Title: Payments to Subrecipients Accounting Policies: 1. Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Prevent Child Abuse Athens, Inc. DBA Brightpaths, under programs for the federal government for the current fiscal year. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because this schedule presents only a selected portion of the operations of the Prevent Child Abuse Athens, Inc. DBA Brightpaths, it is not intended to and does not present the financial position, changes in net position or cash flows of Prevent Child Abuse Athens, Inc. DBA Brightpaths. 2. Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Prevent Child Abuse Athens, Inc. d/b/a Brightpaths has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. For the current fiscal year, Prevent Child Abuse Athens, Inc. d/b/a Brightpaths did not pass federal funds through to subrecipients.