Agreed Upon Procedures
Delivering flexibility and factual insights
Agreed Upon Procedures (AUP) are designed to give your business or organization more flexibility in terms of scope, intent, and output than what traditional financial statement audits provide. An AUP is a best practices option if you need factual reporting – without opinions, conclusions, or assurances on findings – for a very specific issue or specific purpose outside of the scope of a review or compilation.
Examples of where you might find an AUP valuable include reporting on findings for:
- Effectiveness of a specific internal control
- Fraud investigations
- Governmental requirements
- Numerous aspects of business, financial, or operational data used in Merger & Acquisition (M&A) due diligence efforts
- Status of any type of federal, state, or local regulatory compliance or reporting obligations
- Status of compliance with requirements of a debt agreement
- Status of compliance with requirements of a lease agreement
- Status of contractual obligations
Privately held, nonprofit, and governmental entities throughout the State of Kansas and the nation look to us to deliver findings in an AUP that can be delivered to a third-party. This is typically a request for facts about an organization’s handling of a specific issue, elements of a financial statement needing more detail or insight, or the status of compliance with regulatory or contractual obligations.
Solutions
If you are looking for more information about whether you need a full financial statement audit or a simpler AUP, contact Meagan Wellbrock, Audit & Attestation Service Line Leader by using the fillable “Contact Us” form on this page.
Industries
Adams Brown provides AUP services for companies or organizations in the following industries:
Testimonials
Audit & Attestation Service Leader:
Meagan Wellbrock
Contact Us: