AUP Engagements

We conduct agreed-upon procedures (AUP) engagements that are tailored to address specific areas of interest or concern, providing you with objective findings based on procedures which have been agreed upon. We have expertise in performing AUP engagements across various industries and areas of focus.

As an independent third party, we are able to perform AUP engagements with objectivity and impartiality. We are guided by professional standards and ethics to ensure the integrity and credibility of the engagement.

Some of our AUP engagement services include:

• Customised Procedures: We will work closely with you to understand your specific needs and objectives. Based on these requirements, we develop customised procedures to address the areas of interest or concern. These procedures are designed to provide relevant and reliable information for decision-making.
• Data Validation and Verification: We conduct thorough data validation and verification procedures to ensure the accuracy and completeness of the information being examined. This may involve testing the reliability of financial data, verifying the accuracy of records, or assessing the compliance with specific regulations or contractual obligations.
• Compliance Assessments: We are able to assist you with assessing your compliance with various regulatory requirements, industry standards, or contractual obligations. Our AUP engagements provide assurance on compliance-related matters, helping you identify areas of non-compliance and take corrective actions.
• Operational Reviews: We perform detailed operational reviews to evaluate the efficiency and effectiveness of processes, controls, and systems within your enterprise. Our procedures may include assessing the adequacy of internal controls, analysing KPIs, or benchmarking against industry best practices.
• Risk Assessments and Mitigation: We can help you identify and manage risks by conducting AUP engagements focused on risk assessments and mitigation strategies. We assess the effectiveness of risk management processes, review controls in place, and provide recommendations to enhance risk mitigation efforts.

The advantages of AUP engagements are as follows:

• Clarity and precision: The engagement's scope and the procedures to be conducted are explicitly defined and agreed upon, resulting in a more focused and efficient process.
• Flexibility: The engagement offers the flexibility to customize procedures according to your specific needs and objectives, making it a cost-effective alternative to comprehensive audits.
• Relevance: The engagement delivers specific and pertinent information, enabling you to obtain the necessary data for effective decision-making.
• Cost-effectiveness: The engagement typically incurs lower costs compared to full-scale audits.
• Independence: The engagement provides an independent professional's oversight, enhancing the credibility of information and bolstering stakeholders' confidence.