An Agreed-Upon Procedures (AUP) engagement is one in which we are engaged by a client to issue a report of findings based on specific procedures provided by the client.  We often work with our clients to identify and perform set procedures, to assist our clients in evaluating certain subject matter, or assertions about subject matter, based on their needs.  Once a set of procedures are agreed-upon, the procedures are performed, the findings from the agreed-upon procedures engagement are presented in a report and the findings are then used by the client to provide clarity on the issue.

Because the needs of the specified parties may vary widely, the nature, timing, and extent of the AUP may vary as well.  Our personnel have performed a multitude of AUP engagements for a wide variety of industries and business sectors.

Examples of various agreed-upon procedures engagements include:

• Compliance with debt covenants
• Internal control policies and procedures
• Compliance with regulatory requirements
• Testing of financial transactions
• Re-performance of processes and procedures
• Recalculating of sales, rental, contingent agreements
• Due diligence on buying a business
• Specific issues relating to selling a business
• Licensing, contract, and royalty compliance agreements
• Investor calculations
• Income tax provisions
• Employer compliance/payroll audits