Under section 5.1 of their Brand Owner Agreement with Encorp Atlantic, Brand Owners are required within 90 days of their fiscal year-end or calendar year-end to provide Encorp with an independent verification of their sales and collection and remittance of all applicable fees (deposits and container recycling fees) regarding beverage containers falling under the jurisdiction of the New Brunswick Designated Materials Regulation (Clean Environment Act).
The reports to be submitted to Encorp must include the following:
- Schedule A – Brand Owner Declaration;
- Schedule B – Annual Containers Remitted Report; and
- Schedule C – Agreed-Upon Specified Procedures.
Brand Owners must complete the specified agreed-upon procedures detailed in Schedule C per the annual volumes below.
| Annual Container Volume | Sampling Size | Minimum Verification Methodology |
| > 10,000,000 | 25 instances for procedures 7-9 | External Auditor certified as a CPA |
| 10 instances for procedure 10 | ||
| > 1,000,000 but < 10,000,000 | 15 instances for procedures 7-9 | External Auditor or Internal Auditor certified as a CPA |
| 5 instances for procedure 10 | ||
| < 1,000,000 | 5 instances for procedures 7-9 |
Chief Financial Officer or Senior Officer Schedule C cannot be completed and certified by the same Senior Officer making the declaration for Schedules A and B. |
| 5 instances for procedure 10 |
For Brand Owners who meet the requirements or elect to use an external auditor, the specified agreed-upon procedures set out in Schedule C must be performed in accordance with CSRS 4400 Agreed-Upon Procedures Engagements.
The three schedules must completed within 90 days of the Brand Owner’s fiscal year-end or calendar year-end and returned to:
Encorp Atlantic/Encorp Atlantique
P.O. Box 65, Moncton, NB, Canada E1C 8R9
Angela Dow, Assistant Controller
By email: [email protected]