‘Agreed-Upon Procedures’ engagements are ideal where a full audit is not required, but management or a third party needs independent work to be carried out over a clearly defined area. Under this type of engagement, the procedures are agreed in advance and our report sets out the factual findings arising from those procedures. No assurance opinion is expressed, which makes AUP a highly flexible solution for focused assignments.
RAA performs AUP engagements over both financial and non-financial information, depending on the objective of the assignment. These engagements are frequently used for lender requests, shareholder matters, contractual compliance, grant or funding conditions, due diligence support, reconciliations, revenue verification and specific account balance testing. Because the scope is agreed upfront, the work remains precise, efficient and aligned to the user’s needs.
