FAQ: Caseware ReviewComp licensing plan change

This topic applies to Caseware ReviewComp.

Learn more about Caseware ReviewComp

As of January 18, 2023, the Caseware ReviewComp license purchasing plan will change from per engagement licensing to per user licensing. This change will automatically be applied during your upcoming Cloud license renewal. To learn more, here are some frequently asked questions (FAQ):

New licensing plan

  • When will the new per user licensing plan for ReviewComp come into effect?

    Effective January 18, 2023, you will no longer need to purchase packs of engagements for ReviewComp. During your next renewal, you will be able to purchase ReviewComp by number of users.

  • Can I continue to purchase licenses using the per engagement licensing plan?

    No, our licensing plan going forward will be on a per user license basis. Each licensed user will now have access to an unlimited number of engagements.

  • I do not require all of my staff members to access ReviewComp, how does the new per user licensing plan affect me?

    On January 18, 2023, all existing ReviewComp Cloud users will have unlimited access to ReviewComp engagements, at no additional charge. The unlimited access for all users will cease at your renewal date, as you will automatically transition to the per user license plan. Four months before your renewal date, you will need to assign your staff members to ReviewComp, so the correct number of ReviewComp licenses will appear on your renewal.

    For more information, see Create staff or contact groups and Enable Caseware Cloud apps.

Existing engagements

  • I have unused engagement licenses for ReviewComp, with the new per user licensing plan, what happens to them?

    On January 18, 2023 you will receive an unlimited number of ReviewComp engagements for each existing ReviewComp Cloud user. However, after your upcoming license renewal date, only licensed ReviewComp users will have access to unlimited engagements.

  • Will I have access to my previous ReviewComp engagement files after the licensing plan change?

    Ja. However, after your upcoming license renewal date, only licensed ReviewComp users will have access to engagements.

  • If I choose to no longer use ReviewComp but continue my Cloud license, can I access my previous engagement files?

    No, to access ReviewComp engagements, you need an active ReviewComp user license.

General

  • Do I need to have a PEG subscription to purchase ReviewComp?

    Yes, you will need an active PEG subscription license to purchase ReviewComp. Pursuant to the License Agreement between Caseware and CPA Canada, all ReviewComp customers are required to be current subscribers of the PEG.

  • What types of engagements can I perform with ReviewComp?

    You can perform Reviews (CSRE 2400), Compilations (CSRS 4200) and Professional accounting services engagements that provide workflow assistance for additional accounting services such as preparing financial statements from bookkeeping data, tax services and business plans.

    For more information, see What are professional accounting services?

  • Does ReviewComp still support EFILE submissions for corporate tax returns?

    No, ReviewComp no longer supports EFILE submissions. However, ReviewComp includes GIFI tax forms Schedule 100 and 125 that you can export to your preferred tax vendor.

    For more information, see Tax deprecation FAQs.