Agreed Upon Procedures & Management Reporting

Defined Procedures. Clear Findings.

Not every financial question a business faces requires a full statutory audit. Agreed upon procedures engagements let a company and its stakeholders define a specific, limited set of procedures to be performed on particular accounts, transactions, or processes, with findings reported factually rather than as an overall opinion. Paired with clear management reporting, this gives decision-makers focused, reliable information exactly where they need it.

Why This Matters

Businesses often need targeted verification, such as confirming compliance with a specific loan covenant, checking a vendor's billing accuracy, or validating figures behind a specific transaction, without commissioning a full audit. Agreed upon procedures provide a faster, more cost-effective way to get factual assurance on a defined scope, while structured management reporting ensures the results reach decision-makers in a format they can act on quickly.

How We Help

Scoping and Procedure Design

We work with management, lenders, or other stakeholders to define the specific procedures to be performed and agree on the scope before work begins, so expectations are clear from the outset.

Execution of Agreed Upon Procedures

We carry out the agreed procedures on the specified accounts, transactions, or processes, and report our factual findings without expressing an audit opinion, exactly as required for this type of engagement.

Management Information Reporting

We help design and prepare periodic management reports that translate financial and operational data into clear, decision-ready information for leadership and boards.

Covenant and Compliance Verification

We assist in verifying compliance with specific financial covenants, contractual terms, or internal policies, reporting the results directly to the parties who requested them.

Who Needs This

• Companies required to demonstrate compliance with specific loan or investor covenants
• Businesses needing focused verification without a full statutory audit
• Management teams looking to strengthen periodic reporting to the board
• Organisations validating specific transactions, vendor billing, or process outputs

Our Approach

We agree on the exact scope and reporting format before any work begins, so there are no surprises when findings are delivered. Our reporting is factual, clearly structured, and written for the audience that will use it, whether that is a lender, an investor, or a company's own management team.

Get in Touch

To discuss agreed upon procedures or management reporting support for your business, write to us at info@agarwalurs.com.