October 27 Jazzit Fundamentals Update Available

Wednesday, November 1, 2017

RA – RISK ASSESSMENT

  • Revised the template with over 15 new features including
    • Added support to display amount by linkage type i.e. Map no, account, GIFI, etc.
    • Turning columns on or off
    • Additional columns for notes, working paper references, annotations/tickmarks, etc.
    • Customizable headings
    • Printing in portrait/landscape orientation and letter/legal size
    • Added options for subheadings and subtotals

RP – ENGAGEMENT REPORT (REVIEW)

Title of the engagement report will read “Independent practitioner’s review engagement report” if the year end of the client file is on or after December 14, 2017.

BS/BS2/BS3 – BALANCE SHEETS

  • Added the option for spacing between the first signature line and the signature heading
  • Increased the granularity of spacing options in the signature block i.e. 0.10 inch increments on spacing between signature lines, headings, etc.

RD/RP – FIRM PROFILE & ENGAGEMENT REPORT

Added the ability to automatically disable the letterhead on the Engagement Report if the draft stamp is on Please contact Jazzit support to update your RD Firm profile if you wish to implement this new option.

K3A – SIGNIFICANT ACCOUNTING POLICIES 

Paragraphs in each accounting policy can be skipped using the express menu

SC4 – MANUFACTURING COST OF SALES SCHEDULE 

  • Added the ability to insert lines under the “Less inventory – end of year” line 
  • Added the ability to insert subtotals and subheadings into the schedules

K7 – SHARE CAPITAL NOTE 

DEFAULT NOTE – Added the ability to insert subheadings into the tables of this note

SC2 – GENERIC 9 COLUMN SCHEDULE

Revised the running total controls for each section for more informative presentation

SC2 – GENERIC 9 COLUMN SCHEDULE

Revised the running total controls for each section for more informative presentation

KP9COL – GENERIC 9 COLUMN NOTE

Revised the running total controls for each section for more informative presentation

VARIOUS WORKING PAPERS

Added the option to link rows via GIFI numbers to the following working papers

  • M1 – Comparative generic working paper
  • N1 – Five year generic working paper
  • JZ5COL1 – Five column generic working paper
  • JZ5P – Five period generic working paper
  • JZ5YRIS – Five period income statement with % working paper
  • JZGNMSWP – Generic 9 column multi-section working paper