Engagement
Agreed-Upon Procedures
Narrow, contract-defined tests — such as royalty calculations, grant expenditure, or specific receivable ageing — reported as factual findings without an opinion.
Quote based on procedure list
Request an engagement letter
Some lenders and joint-venture partners ask for specific tests rather than a full audit opinion. Under an agreed-upon procedures engagement, we perform only the steps listed in the engagement letter — for example, recalculating royalty bases, matching grant expenditure to invoices, or ageing a defined receivable population.
The report states factual findings against those procedures. It is not an opinion on the financial statements as a whole. Scope is locked before work starts so both sides know exactly what will and will not be tested.