What is Agreed-Upon Procedures?
In an agreed-upon procedures (AUP) engagement, the practitioner performs specific procedures agreed by the company and, where relevant, a third party, and reports the results as factual findings. Unlike a full audit, no assurance opinion is expressed; the report consists of concrete findings from which readers draw their own conclusions.
This flexibility makes AUP ideal for targeted needs such as loan covenants, franchise and licence payments, grant and incentive expenditure, or verifying specific account balances.
What does our Agreed-Upon Procedures work include?
- Verification of trade receivables and payables, reconciliation and ageing tests
- Review of purchase, sales and inventory transactions against specific criteria
- Testing compliance with loan covenants
- Verifying grant, incentive and project expenditure against supporting documents
- Checking royalty, licence and franchise fee calculations
- Review of financial clauses in shareholder agreements
Proposal request
Get a tailored proposal for Agreed-Upon Procedures
Share the scope in a few lines and we will send you our team, timeline and fee proposal in writing. Free of charge and non-binding.
- Under founding-partner supervision
- Member of the SFAI international network
- Written, transparent proposal
or call: +90 212 951 02 47
How do we work?
- Defining the proceduresWe listen to users' needs and agree the procedures and the report's distribution together.
- Performing the workWe perform the procedures using documents, records and third-party confirmations.
- Report of findingsFor each procedure, the work done and the result found are reported clearly and measurably.
Who needs Agreed-Upon Procedures?
- Companies reporting to lenders
- Organisations using grants and incentives
- Companies with franchise and licence relationships
- Management teams wanting an independent review of a specific matter
Which standards is Agreed-Upon Procedures based on?
Frequently asked questions about Agreed-Upon Procedures
What is the difference between AUP and a review?
In a review, the practitioner provides limited (negative) assurance; in an AUP engagement no assurance is provided at all, and only the findings of the procedures performed are reported.
How can I get a proposal for Agreed-Upon Procedures?
Share your company and needs via the proposal form and we will send our scope, team, timeline and fee proposal in writing. Phone: +90 212 951 02 47.
Last updated: October 22, 2026