Specialized Assurance & Agreed-Upon Procedures
Providing Credibility and Clarity Beyond Standard Audits
Specialized Assurance & Agreed-Upon Procedures
Providing Credibility and Clarity Beyond Standard Audits
Overview
Beyond traditional financial statement audits, businesses often require independent verification for specific financial components, processes, or contractual obligations. Our other assurance services, including Agreed-Upon Procedures (AUP), provide a tailored approach to meet these unique needs. We perform specific procedures on a subject matter and report our factual findings, providing you and third parties with the clarity and credibility you need without the scope of a full audit.
The Value of Targeted Assurance
Highly Customizable
Focuses only on the specific areas of concern to you and your stakeholders.
Cost-Effective
More targeted and typically less expensive than a full-scope financial statement audit.
Increased Credibility
Provides an independent, factual report to third parties like banks, regulators, or partners.
Factual & Objective
Reports are based on specific procedures, providing clear, unbiased findings.
Flexible Applications
Ideal for verifying compliance with contracts, royalty agreements, or specific regulatory requirements.
Risk Reduction
Provides comfort over specific financial or non-financial information, reducing uncertainty in transactions.
Our AUP Engagement Process
Defining the Scope
We work with you and any relevant third parties to clearly define the objectives and the exact procedures to be performed.
Executing Procedures
Our team diligently performs the agreed-upon procedures on the specified subject matter.
Factual Reporting
We issue a detailed report of our factual findings based on the procedures performed. We do not provide an opinion or conclusion, only the facts.
Debriefing
We discuss our findings with you to ensure you have a clear understanding of the report and its implications.