Agreed-Upon Procedures Services

Agreed-upon procedures (AUP) are a reliable standard adopted by companies seeking accurate evaluations for specific tests or business processes. This approach involves designing customized audit procedures agreed upon in advance among the beneficiary company, the external auditor, and any relevant parties. This collaborative process ensures that the results meet the expectations of all parties transparently and systematically.

It is an agreed service for auditing and procedures performed following (Standard No. 4400)

Reports on a deficit, financial assets, and related to the provision of services to prove the financial deficit and assets.
Reports on the financial statements specified by the enterprises assist management in making the appropriate decisions.
Enterprises assistance in verifying the doubtful accounts.
Issuance of reports on specific items, to be submitted to concerned authorities.

Our services under AUP reports encompass a wide range of specialized requirements, including:

Police reports: Preparing reports on investigations and official procedures.
Fraud reports: Analyzing and documenting suspicious financial cases for submission to interested parties.
Expert reports to the courts: Providing objective evaluations and professional certificates to support legal cases.
Local Content Evaluations: Conducting a comprehensive review to ensure companies comply with local content requirements.
On-map sale or rental reports: Providing accurate evaluations of real estate projects to meet regulatory requirements.

Examples of Agreed-Upon Procedures:

Verifying the account balances of customers or suppliers.
Examining the extent of compliance with specific company policies and procedures.
Confirming the accuracy of tax or revenue calculations.
Reviewing expenses or revenues for a specific project.

Agreed-upon procedures are an effective and flexible tool for addressing specific examination needs without needing a full-scope audit or providing an assurance opinion.