Agreed-Upon Procedures (AUP)
Agreed-upon procedures engagements — specific checks agreed with you or a third party, reported as factual findings.
- Estimate Cost
- ₹10,000 – ₹75,000
- Typical duration
- 7 days
Service overview
Performing specific financial tests and reporting factual findings as agreed upon with the client or third parties.
Who needs it? / When is it needed?
Businesses, lenders, or regulators requiring targeted verification of specific financial data or transactions.
What to expect from the WCP Professionals
Precise scope execution, objective testing, and comprehensive factual findings report.
Key deliverables
Factual findings report, agreed-upon schedules, and verification documentation.
Standard turnaround time
5 to 10 working days.
Government fees, timelines & key outcomes
No government fee.
Key outcomes: a report of factual findings on exactly the procedures agreed, for use by the parties to the engagement.
Forms & filings involved
Engagement letters and procedural verification annexures.
Documents required
Transaction records, financial statements, ledgers, and supporting vouchers.
What we need from you
Clear engagement scope, data access, and management clarifications.
Important conditions
Subject to agreed terms of reference and availability of supporting records.
Additional information
Does not constitute an audit or review; provides factual findings on designated areas.
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
What is an agreed-upon procedures engagement?
An engagement where the professional performs specific procedures agreed with the client or a third party and reports factual findings, without giving an opinion.
When is an AUP used?
For lender covenant checks, grant or fund utilisation, royalty or revenue verification, and other targeted checks.
Does an AUP give assurance?
No. It reports what was found; users draw their own conclusions from the findings.
Which standard governs AUP engagements?
ICAI's Standard on Related Services (SRS) 4400.