Topic:"Cost Recovery" in M10563

Report on Other Legal and Regulatory Requirements We have audited the Corporation's compliance, as at December 31, 2021, with the cost allocation criteria established by the Efficiency Nova Scotia Cost Allocation Methodology Report as file...

AI summary An audit confirms that the Corporation complied with the cost allocation criteria from the Efficiency Nova Scotia Cost Allocation Methodology Report as of December 31, 2021. The audit was conducted by Chartered Professional Accountants and the responsibility for compliance lies with the Corporation's management.

The costs in each fund include direct costs of the programs which are comprised of, but not limited to, customer payments, program support costs, and other program and administrative costs directly attributable to a program. The Corporatio...

AI summary The document outlines how the Corporation allocates both direct and non-direct costs across various programs. Direct costs include customer payments and program-specific expenses, while non-direct costs such as salaries and administrative overhead are allocated based on FTE and direct costs as defined in the ENSC Cost Allocation Methodology Report. The CAM is regularly reviewed by the NSUARB.