An agreed-upon procedures engagement is used when a client or third party requires an independent verification of specific financial information.
An example of an agreed-upon procedures engagement is when a CPA is asked to report on findings related to specific financial statement elements. Unlike in an audit, the CPA does not express an opinion on financial statements taken as a whole. The resulting report states exactly what procedures were agreed upon and performed, and reports on the findings of these specific procedures.
Our CPAs can use agreed upon procedures to report on the specific findings your company needs.