Agreed-upon procedures are engagements undertaken in accordance with the International Standard on Related Services (ISRS 4400) applicable to agreed-upon procedures, in which an auditor is engaged to carry out specified procedures designed by an entity or any appropriate third parties, agreed and to report on factual findings.
Agreed-upon procedures can also enhance the credibility of the information provided to third parties, such as banks, regulatory agencies, prospective investors or prospective purchasers.
We provide specialized financial reporting in a variety of situations where your company desires independently verified and reported information, such as inspection of documents or transactions for specific characteristics, confirmation of specific information with third parties, or comparison of data to a defined standard. Many situations are appropriate for agreed-upon procedures, whether the objective is to provide specific information and negative assurance to users within your company or to third parties.