Agreed Upon Procedures

What Are Agreed Upon Procedures?  

Agreed-upon procedures (commonly referred to as AUPs) offer a customized scope of work that falls somewhere between assurance and consulting services.  While audits are more costly and intensive, an AUP takes a closer look at a specific area requested by the client.  An AUP does not include an opinion and presents facts alone.  This allows the client to reach their own conclusion based on our report and findings. 

AUP engagements typically involve specific areas such as: 

• Accounts Payable 
• Accounts Receivable 
• Review of Internal Controls 
• A Specific Section of the Financial Statement (Income Statement or Balance Sheet) 

Advantages of an Agreed Upon Procedures Engagement (AUP) 

• Performed at any time of the year 
• Cost-effective alternative to an audit 
• Customized testing to meet the client's needs 

When To Consider An AUP 

• Evaluating the effectiveness of internal controls 
• Third-party compliance 
• M&A due diligence  

AUP engagements can be particularly attractive to organizations that may not require an audit but need to provide key information to investors, bankers, and other stakeholders. AUP engagements offer greater flexibility compared to typical assurance services.  

Let our experienced team customize an AUP engagement to meet your needs.