Agreed upon Procedures
When to Use Agreed-Upon Procedures
- Regulatory submissions
- Financial covenants in loan agreements
- Internal controls review
- Sales or expense verification
- Revenue recognition checks
- Due diligence for mergers, acquisitions, or partnerships
- Specific compliance testing for government grants or tenders
Our AUP Process Includes:
- Client Scoping – We work with you to define clear, agreed procedures
- Execution – Independent testing and fieldwork focused only on defined tasks
- Factual Reporting – Objective presentation of results without conclusions
- Documentation – Professional report accepted by banks, regulators, and partners
Why IQFA for AUP Services?
- Deep expertise in IFRS, UAE regulatory frameworks, and sector-specific reporting
- Flexible and cost-effective alternative to full audits
- Trusted by legal firms, investors, and internal stakeholders for clean, targeted procedures
- Seamless integration with our due diligence, internal audit, and external audit services
Why IQFA for AUP Services?
IQFA’s AUP engagements offer the best of both worlds — laser-focused scope and reliable execution, all under the credibility of one of UAE’s top audit firms.
Need limited-scope assurance with maximum precision? Contact IQFA Chartered Accountants today.