Agreed Upon Procedures

Agreed-Upon Procedures Engagements

An agreed-upon procedures engagement delivers targeted assurance for specific areas chosen by you and your stakeholders. Not every situation requires a full audit or review. Sometimes, you need focused testing or verification. In those cases, agreed-upon procedures provide clear, reliable results without unnecessary cost or scope.

Focused Engagements for Targeted Needs

This type of engagement allows you to define exactly what should be tested. For example, management may want revenue confirmed, or lenders may need verification of expenses. Regulators may also require compliance testing, while parent companies may ask for specific account balances reviewed. As a result, you gain a report that answers the precise questions your stakeholders are asking.

How the Process Works

The process begins with a discussion to determine scope. Therefore, the procedures are tailored to your needs, not a generic checklist. Our professionals then perform the requested work and provide a detailed report of factual findings. In addition, we explain results in straightforward terms, allowing you to take action quickly. Since no opinion is issued, users interpret results themselves, which adds flexibility.

Benefits for Subsidiaries and Global Operations

Inbound subsidiaries often benefit from agreed-upon procedures engagements. Parent companies abroad may require specific verifications or reconciliations that go beyond U.S. reporting. Our team bridges this gap. Consequently, the engagement aligns with parent expectations while complying with U.S. standards. Moreover, this approach strengthens transparency and consistency across borders.

Value Beyond Compliance

Even though agreed-upon procedures engagements do not provide overall assurance, they still add value. For instance, they highlight weaknesses in controls, inconsistencies in reporting, or areas needing process improvement. In addition, they allow management to focus resources where risks are highest. Therefore, your organization gains useful, practical insights without the burden of a full audit.

An agreed-upon procedures engagement delivers independence, precision, and clarity. By tailoring scope to your goals, we provide reporting that supports informed decisions and stakeholder confidence.