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SERVICESAGREED-UPON PROCEDURES
You don’t need to be a weatherman to know which way the wind is blowing, but you still have to take a look to be sure. In the same way, your business may not require a full audit to assess specific performance issues. An agreed-upon procedures engagement can provide you with the targeted information you need to understand the current conditions and forecast what’s coming.
Agreed-upon procedures are often used in acquisition or sale of a business, to monitor grant compliance and for inventory counts outside the scope of a financial statement audit. At MMB, we’ll work with you to determine if an agreed-upon procedures engagement will meet your needs. And we’ll be there every step of the way, rain or shine.
Agreed-upon procedures are often used in acquisition or sale of a business, to monitor grant compliance and for inventory counts outside the scope of a financial statement audit. At MMB, we’ll work with you to determine if an agreed-upon procedures engagement will meet your needs. And we’ll be there every step of the way, rain or shine.
"Our relationship is a long standing partnership and we value the experience, expertise and communication the team at Mengel Metzger has always provided!"
- Elmira Assurance Client
- Elmira Assurance Client
Agreed-Upon Procedures Are Often Used in the Following Situations:
- Due diligence procedures during an acquisition or sale of a business
- Grant compliance, typically as requested by a third-party grantor
- Public school risk assessment
- Additional comfort over balances or transactions
- Bank collateral verification
- Financial forecasts or projections
- Cost certifications
- Inventory counts outside the scope of a financial statement audit
