Tag Archives | agreed upon procedures

CUSTOM MADE text on screen

What is an agreed upon procedures (AUP) engagement?

CPAs can offer many types of helpful audit and assurance services for businesses. An audit, for instance, is a common type of attestation service that provides a formal opinion about whether a company’s financial statements conform to U.S. Generally Accepted Accounting Principles (GAAP). Consulting services, in contrast, may include advice or technical assistance that’s only […]

Continue Reading
lightbulbs-graphic-think-beyond-traditional-accounting-services

FAQs About Agreed Upon Procedures

An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s how a customized AUP engagement differs from an audit and can be used to identify specific problems that require immediate action. How do AUPs compare to audits? The American Institute of Certified Public Accountants (AICPA) […]

Continue Reading