Agreed-Upon Procedures
Agreed-Upon Procedures Engagement
For certain issues, general procedures and methodology cannot be administered with the hopes of providing an opinion. For these types of instances, an agreed-upon procedures engagement can be used to provide clients clarity in the form of findings. In an agreed-upon procedures engagement, we 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 and the findings are then used by the client to provide clarity on the issue.
Examples of various agreed-upon procedures engagements include:
- Due diligence on buying a business
- Specific issues relating to selling a business
- Licensing, Contract and Royalty Compliance engagements
- Benefit Claims Audits
- Employer Compliance/Payroll Audits
If you would like additional information about agreed procedures engagements, contact us online or call us at (818)769-2010.