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CaseWare Working Papers
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CaseWare Cloud Analytics
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CaseWare Cloud Time
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OnPoint PCR (Preparation Compilation Review)
RCT
Fusion RCT (Review Compilation Tax)
SE
SmartEngagement
Working Papers
CaseWare Working Papers
Analytics
CaseWare Cloud Analytics
Time
CaseWare Cloud Time
PCR
OnPoint PCR (Preparation Compilation Review)
RCT
Fusion RCT (Review Compilation Tax)

What's new - OnPoint PCR 02-2019

This is not a complete listing of all changes made. It is intended to highlight the major changes incorporated in this release.

Tax Export

  • OnPoint PCR now provides tax export functionality compatible with Intuit’s Lacerte© Tax.

  • Functionality is available for Corporations, S Corporations, and Partnerships and includes common tax forms related to each entity type.

Ratio Analysis

  • Common ratios used in analytical procedures have been integrated into the Analysis tab of most fieldwork documents for review engagements.

  • Ratios are automatically calculated based on defined accounts and account groupings using amounts from the trial balance.

Presentation and Disclosure Checklist

  • Expanded to include additional presentation and disclosure requirements and guidance from recently issued, or soon to be effective, FASB Accounting Standards Updates (ASUs).

  • See the Guidance section of the Presentation and Disclosure Checklist Optimizer for additional information about standards included in the checklist.

Review Inquiries

  • Client inquiries included in the review engagement fieldwork documents have been updated to be consistent with the latest release of the AICPA Guide, Preparation, Compilation, and Review Engagements.

  • Many of the inquiries have been phrased as open-ended questions allowing for more thorough client responses.

Adjustments

  • Adjustments now display the period and year in which the adjustment was made.

Analysis charts

  • Decimals are now supported in Analysis charts. The decimal settings in the ratio table are applied in the chart.

Authoring

  • To get a better feel of what your deliverables will look like, the application now uses the same font that’s configured for the deliverables in content authoring.

Bulk Print

  • All documents comprising the Presentation and Disclosure Checklist may now be printed as a group, rather than as single documents.

Carry forward

  • There is now a badge counter on the Carry Forward icon. The badge counter shows the number of items that can be carried forward.

Dynamic tables

  • Column headers now repeat on subsequent pages when you manually insert page breaks in the dynamic table.

  • Dynamic content is available in column headers. You can now include dynamic text and formulas in column headers.

  • The way symbols are displayed has been improved and column headers have been added. Symbols now appear on a separate line under the header text.

  • You can now undo and redo actions when editing a dynamic table.

Formulas and engagement glossary terms

  • You can now view the condition that generated the output text.

  • Additional address fields are available in formulas for more flexibility. You can now arrange the address information to comply with your regional format specifications.

Letters, memos and financial statements

  • Letters and financial statements now include an indicator of the number of unset placeholders in the document.

  • Document sign-off now validates placeholder fields and text. If there are unset placeholders in the document, you get a warning message before you can proceed with the sign-off.

Queries

  • You can now insert formulas in the query text.

  • You can now see the due date of the query in the engagement.

  • The term Procedure has been replaced with the term Query.

  • The name of the responder and the timestamp of the response are now displayed for all response types.

  • Sorting is now available in the Query Dashboard. You can sort queries in ascending or descending order based on status, due date, progress and name.

  • You now get a confirmation message once you send a query.

Query dashboard

There is now a centralized view of the engagement queries. At the Query Dashboard, you can view a list of all the visible queries on the engagement. The list shows brief information about each query.

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