Terms of service

Effective [OWNER: date at deploy].

1. Who these terms are between

These terms are an agreement between [OWNER: legal entity name, registered address] (“we”, “fsassertions”) and the company or firm that subscribes (“you”). The service is for business use: by subscribing, the person completing checkout confirms they act for a business and are authorized to bind it. They apply from the moment you create an account or subscribe.

2. The service

fsassertions is a subscription suite of web applications for preparing financial-statement calculations and disclosures under specific IFRS standards — at present the EPS-33 module (earnings per share under IAS 33). Your subscription includes every module we release while it is active. We do not promise particular future modules or dates; a roadmap is a statement of intent, not a commitment.

3. Professional judgment

The service is a preparation tool. It is not accounting, audit, legal or investment advice, and it does not replace the judgment of a suitably qualified professional. You remain responsible for your financial statements: for the accuracy and completeness of what your team enters, for the accounting positions taken, and for review of the outputs before use. We do not warrant that any output satisfies the requirements of a particular regulator, exchange or auditor.

4. Accounts and seats

Each tier includes a number of named users — one on Practitioner, up to five on Team, and as agreed on Firm. Sign-in credentials are personal: each user has their own account, and sharing a login is not permitted (it also breaks the preparer–reviewer segregation the workflow provides). You are responsible for the people you invite to your team and for what they do in it.

5. Subscriptions, billing and pricing

• Billing. Subscriptions are annual, priced in US dollars, and paid through Creem, our merchant of record. Creem’s checkout terms govern the payment itself, and Creem issues the tax receipt.
• Renewal. Subscriptions renew automatically at the end of each annual term. You can cancel at any time with effect from the end of the paid year; the remainder of the year stays active.
• Money-back. First-time subscriptions may be cancelled for a full refund within 30 days of first purchase.
• Price lock. Our published policy is that your renewal price does not rise while your subscription remains continuously active. If your subscription lapses and you rejoin, current prices apply. Tier upgrades and added seats are priced at the rates current when you make them.
• Price changes. We may change prices. A change affecting your renewal takes effect only at your next renewal and only with at least 60 days’ notice to your billing contact.

6. Your data

Everything your team enters belongs to you. You grant us only the licence needed to host and process it in order to run the service. You can export your work at any time, including to Excel. If your subscription ends, your data is never locked: your account retains access to your files so you can read and export them. We delete your data on request, as described in the privacy policy.

7. Acceptable use

You may use the service for your own organization’s reporting and, on the Team and Firm tiers, for client engagements handled by your named users. You may not resell or sublicense access to the software itself, share credentials, attempt to defeat the access controls, or place abusive load on the service. We may suspend an account that does, after warning where practical.

8. Availability and support

We aim to keep the service available at all times and schedule maintenance to minimize disruption, but availability is not guaranteed and no service-level agreement applies at these tiers. Support is by email at support@fsassertions.com.

9. Intellectual property and confidentiality

The software, its design and its content (other than your data) are ours or our licensors’, and no rights in them transfer to you beyond the subscription. If you send us feedback, we may use it without obligation. We treat the content your team enters as your confidential information and access it only to provide support you request, or where the law requires.

10. Warranties and liability

The service is provided “as is”. To the extent the law allows, we exclude implied warranties, and our total liability for all claims in any 12-month period is limited to the fees you paid for the service in the 12 months before the first claim. We are not liable for indirect or consequential loss, loss of profits, or loss of data caused by events outside our reasonable control. Nothing in these terms excludes liability that cannot lawfully be excluded.

11. Termination

You can stop using the service and cancel renewal at any time. We may terminate for a material breach of these terms that is not cured within 30 days of notice, or immediately for serious misuse under section 7. After any termination, the data-access position in section 6 still applies.

12. Changes to these terms

We may update these terms. Changes take effect at your next renewal, and we will give notice of significant changes by email to your billing contact. If a change materially reduces what you receive, you may cancel with effect from that renewal.

13. Governing law

These terms are governed by the laws of [OWNER: jurisdiction], and its courts have exclusive jurisdiction, except where the law of your country gives you rights that cannot be excluded.