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This document provides instructions for Vermont state departments on the preparation and submission of the Schedule of Expenditures of Federal Awards (SEFA) for the fiscal year ending June 30, 2015.
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How to fill out Schedule of Expenditures of Federal Awards (SEFA) Instructions

01
Gather all necessary financial data related to federal awards received.
02
Organize the information by federal program, including the name of the program and the federal agency that provides funding.
03
Identify and report the total expenditures incurred for each federally funded program during the reporting period.
04
Ensure that the expenditures are categorized correctly (direct costs, indirect costs, etc.) according to the guidelines.
05
Include any relevant notes or explanations for expenditures if required to provide additional clarity.
06
Review the completed SEFA for accuracy and ensure it aligns with the organization’s financial statements.
07
Submit the SEFA along with the required audit report to the appropriate federal agency or pass-through entity.

Who needs Schedule of Expenditures of Federal Awards (SEFA) Instructions?

01
Organizations that receive federal funding in the form of grants, contracts, or other awards.
02
State and local government entities must report expenditures made under federal programs.
03
Non-profit organizations that administer federal funding need to prepare and submit a SEFA.
04
Institutions of higher education that receive federal funds must provide a SEFA in their annual financial reports.
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At a minimum, the SEFA should include: The name of the federal grantor agency or organization; The official program title of the federal award; The applicable Catalog of Federal Domestic Assistance number for each award; The contract or grant numbers assigned by federal or state agencies, in addition to the CFDA number;
At a minimum, the SEFA should include: The name of the federal grantor agency or organization; The official program title of the federal award; The applicable Catalog of Federal Domestic Assistance number for each award; The contract or grant numbers assigned by federal or state agencies, in addition to the CFDA number;
A SEFA does contain financial statement numbers, but it also contains other information not typically found in a general ledger, such as federal agency assistance listings numbers, pass-through entities, program names, and subrecipient information.
The Schedule of Expenditure of Federal Awards (SEFA) is a report contained in the State's annual single audit report in ance with Office of Management and Budget Circular A-133 and the Uniform Guidance (2 CFR Chapter I, Chapter II, Part 200, Subpart F.)
The SEFA — Schedule of Expenditures of Federal Awards — is the key report required for organizations subject to single audits. It indicates what federal awards were in play during an audit period, and summarizes the expenditures incurred under each federal program.
The SEFA — Schedule of Expenditures of Federal Awards — is the key report required for organizations subject to single audits. It indicates what federal awards were in play during an audit period, and summarizes the expenditures incurred under each federal program.
The SEFA is used to determine the amounts expended for each of an organization's federal programs. As a result, the SEFA is the guide that indicates whether the threshold requiring a federal single audit has been met.
The Schedule of Expenditure of Federal Awards (SEFA) is a report contained in the State's annual single audit report in ance with Office of Management and Budget Circular A-133 and the Uniform Guidance (2 CFR Chapter I, Chapter II, Part 200, Subpart F.)

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The Schedule of Expenditures of Federal Awards (SEFA) Instructions provide guidelines for the preparation and reporting of federal awards expenditures by organizations receiving federal funds. It outlines how to present expenditures in a standardized format for audit and oversight purposes.
Entities that receive federal awards, such as state and local governments, nonprofit organizations, and educational institutions, are required to file the SEFA. This includes any organization that expends $750,000 or more in federal funds during the fiscal year.
To fill out the SEFA, organizations must list all federal award expenditures, including the federal agency, CFDA number, program name, total expenditures, and non-federal matching funds, if applicable. It should be completed in compliance with the applicable accounting standards and federal requirements.
The purpose of the SEFA Instructions is to ensure transparency and accountability in the use of federal funds. It facilitates the auditing process and provides federal agencies with a clear view of how the funds are being utilized by various entities.
The SEFA must report the name of the federal program, CFDA number, federal award identification number, total federal expenditures, and the amount of non-federal matching funds, if required, as well as any other significant details relevant to the federal awards received.
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