Assurance engagement
Agreed-Upon Procedures
Fact-finding procedures on specific balances, grants, or royalty calculations where a full opinion is not required.
Who it is for
Owners verifying royalty clauses, grant recipients, and buyers checking closing accounts.
Result you receive
A factual findings report listing procedures performed and results obtained, without an opinion.
Included
- Written list of agreed procedures
- Sampling or 100% testing as agreed
- Factual findings report addressed to the named parties
Not included
- Assurance opinion or conclusion
- Legal interpretation of contracts