Agreed-upon audit procedures are a standard a company or client outlines when it hires an external party to perform an audit on a specific test or business process. The accounting procedures, which are called audit standards, are designed and agreed upon by the entity conducting the audit, as well as any appropriate third parties.
Tailored to Your Needs
Our agreed-upon audit procedures (AUP) engagements are tailored to examine, test and review client-defined subject matter. Our work is conducted in accordance with the attestation standards of the AICPA, which includes:
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A detailed description of the subject matter and an outline of the audit procedures agreed-upon by both parties;
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A detailed description of the accounting procedures performed; and
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The results of the testing.
Due to the confidential nature of the report, it is considered a limited distribution report to those specified parties of the engagement.
