Here are the revisions included in the January 28, 2022, update to Jazzit Fundamentals.
Remember to update your KLIB/FRMLIB Resources Centres via the RC UPDATE control located at the top of your document manager. Updating to this release will include all prior revisions made to the templates.
You must have CaseWare Working papers 2020 or newer installed if you wish to update from the Resource Centre update control in KLIB and FRMLIB.
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JZL1 - LETTER TO THE LAWYER
- Updated the short date cells from MM/d/yy to MM/dd/yy to be consistent with other letters.
JZTOOLS - JAZZIT TOOLBOX
- Added option to specify number of years from year end in the calculated date cells.
K2 - BASIS OF PRESENTATION NOTES
- PPE description in basis of accounting note now linked to PPE note heading (same as link on balance sheet).
- Added optional wording for tax only engagements to the basis of presentation note.
K3A- SIGNIFICANT ACCOUNTING POLICIES
- Added option for Section 3856 to the changes in accounting policies policy.
K8 - FINANCIAL INSTRUMENTS
- Added a liquidity risk option for retractable shares.
W1 - WK - ALL ADDITIONAL WORKING PAPERS
- Added instructions to include an additional wp in the financial statements.
WV - WAIVER OF AUDIT RESOLUTION
- Added back the generic waiver wording as an unselected row option.
YC - YEAR-END CHECKLIST LETTER
- Added the option "1 month prior to next year end" to the popup menu for date of letter.
to view the release notes for full list of new features and functionality
Remember that updating to this release will include all features and functionality from prior releases, together with any corrections made to the templates.