Agreed Upon Procedures (AUP) Services in the UAE
Sometimes a stakeholder needs verification on one specific matter. Not a full financial statement audit. FinApt Group performs agreed-upon procedures engagements in line with ISRS 4400, delivering clear, factual findings on exactly what was tested.
What an Agreed-Upon Procedures Engagement Is
An AUP engagement is not an audit. We perform specific, pre-agreed tests with you and relevant third parties, reporting strictly factual findings without expressing an audit opinion or assurance conclusion.
Defined Testing Criteria
Procedures are agreed in advance directly with you and your stakeholders, specifying exact samples, documentation rules, and calculation methods.
Factual Findings Only
We present verified factual outcomes and calculations without subjective audit opinions, enabling stakeholders to draw their own objective conclusions.
Fast-Track Turnaround
Because the scope is focused on defined parameters rather than full financial statements, AUP reports are delivered much faster than traditional statutory audits.
ISRS 4400 Compliance
All procedures adhere to International Standard on Related Services 4400 (Revised), ensuring maximum credibility with institutional counterparties.
Common Uses for AUP Engagements
Agreed-upon procedures are ideal when narrow financial questions require independent, evidence-backed verification.
AUP vs Audit vs Assurance
Understanding the precise differences between agreed-upon procedures and formal audit engagements:
| Feature | Agreed-Upon Procedures (AUP) | Statutory Audit / Assurance |
|---|---|---|
| Opinion Given? | No (Factual findings; no assurance) | Yes (Audit opinion; reasonable assurance) |
| Scope of Work | Specific testing procedures agreed in advance with user | Comprehensive risk assessment across full financial records |
| Professional Standard | ISRS 4400 (Revised) (Related Services) | ISA (International Standards on Auditing) |
| Level of Assurance | No assurance conclusion expressed | Reasonable or limited assurance |
| Best Suited For | Specific questions required by lenders, landlords or partners | Full annual financial statements, regulators & tax authorities |
How an AUP Engagement Works
Agree the Scope
You and the requesting third party confirm exactly which records, samples, and procedures will be performed.
Execute Testing
Our audit professionals perform the agreed procedures, inspect evidence, and document computations.
Report Findings
We deliver a clear, factual findings report under ISRS 4400 with no opinion language attached.
Frequently Asked Questions
An audit results in an independent professional opinion on whether financial statements give a true and fair view. An AUP engagement under ISRS 4400 reports strictly factual findings from pre-agreed testing procedures, with no audit opinion or assurance conclusion expressed.
Commercial lenders, retail landlords (for turnover rent verification), joint-venture partners, corporate buyers, or regulators who require independent verification of a specific metric or balance rather than a full financial audit.
No. An AUP report does not provide audit assurance. It cannot serve as a substitute where a statutory financial statement audit is legally mandated, such as for trade licence renewals or corporate tax QFZP status.
Because the testing scope is fixed and targeted in advance, an AUP engagement is significantly faster than a full audit, frequently delivering completed factual reports within one to two weeks.
Need an Agreed-Upon Procedures Report in Dubai?
Get fast, objective factual verification for your lenders, retail landlords, joint-venture partners, or board of directors.