August 1 Jazzit Fundamentals Update Available

Tuesday, August 1, 2017

*NEW TEMPLATE* JZEL – ENGAGEMENT LETTER (Y/E AFTER DECEMBER 14, 2017)

  • A new engagement letter for Reviews with year ends on or after December 14, 2017. The wording has been updated to the latest PEG standard and a cautionary block has been added as early adoption is not permitted

*NEW TEMPLATE* JZRL – MANAGEMENT REPRESENTATION LETTER (Y/E AFTER DECEMBER 14, 2017)

  • A new management representation letter for Reviews with year ends on or after December 14, 2017. The wording has been updated to the latest PEG standard and a cautionary block has been added as early adoption is not permitted

EL – ENGAGEMENT LETTER

  • Update to the latest wording for engagements with year ends prior to December 13, 2017.
  • A cautionary block has been added to the template if the year end is after December 13, 2017

RL – MANAGEMENT REPRESENTATION LETTER

  • Update to the latest wording for engagements with year ends prior to December 13, 2017.
  • A cautionary block has been added to the template if the year end is after December 13, 2017

JZDIAG – DIAGNOSTICS REPORT

  • Updated to include the two new templates above
  • Added warnings to the EL,RL and new JZEL and JZRL is they are being used in engagements which fall out of their respective adoption period