Agreed-Upon Procedures (AUP)
Focused procedures. Clear factual findings.
Agreed Upon Procedures (AUP) engagements provide stakeholders with factual findings from specifically defined procedures. They can be useful where management, shareholders, lenders, investors or regulators require independent verification of particular financial or operational information.
Baker Tilly UAE works with clients to define the scope and objectives of an AUP engagement and performs agreed procedures in accordance with the applicable professional requirements. Procedures may cover financial information, transactions, balances, controls, revenue, expenses or other specified areas.
Our approach provides stakeholders with factual findings based on the procedures performed, without expressing an audit opinion. This can provide useful evidence for decision-making, reporting and specific contractual or regulatory requirements.
We tailor each engagement to the client's requirements, maintaining a focused and transparent approach throughout the process while delivering findings that are practical and easy to understand.
FAQs
What are Agreed Upon Procedures (AUP) services?
Agreed Upon Procedures services involve performing specific procedures agreed with relevant stakeholders and reporting factual findings without providing an audit opinion.
When are AUP services used?
AUP engagements can support specific financial, operational, contractual, regulatory, compliance and reporting requirements.
What is the difference between AUP and an audit?
An AUP engagement reports factual findings from agreed procedures, while an audit provides an independent opinion on financial or other information.
Who can benefit from Agreed Upon Procedures in the UAE?
Businesses, investors, regulators, lenders and other stakeholders may benefit AUP services when specific procedures and factual findings are required.
