Agreed-Upon Procedures Engagements – More than just Stating the Facts
If you are part of the management team of a company, do you know what you are getting yourself into when you engage someone to perform an Agreed-Upon Procedures (AUP) engagements? If you are an intended user of an AUP report, do you know if it meets your needs? If you are an audit professional engaged for an AUP assignment, do you know what it takes to discharge your responsibilities? What does an AUP really entail?