Agreed Upon Procedures

Drilling Down To Verify Practices and Allay Concerns

An agreed-upon procedures report is called for when an entity requires assurance — usually for the benefit of external users such as lenders, lessors or boards of directors — that involves the independent testing of specific processes or internal controls but does not require an audit of the entity’s financial statements. 

At DeJoy, Knauf & Blood, our extensive technical knowledge and hands-on experience in conducting such engagements serve external users as well as company management.

By working closely with our client to understand the needs of both external users and the company, TeamDKB recommends the type and extent of procedures to be performed and verified. We then provide a detailed accounting of how those specific procedures are performed and what the results are, while not expressing an opinion on the financial statements as a whole.

An agreed-upon procedures report provides external users with independent verification regarding matters or assertions of concern, while internal users obtain insights for improving accounting practices.

TeamDKB provides:

Agreed Upon Procedures Team

Partners

thumb_Sue Desino 3x5

Susan P. Desino, CPA, MBA

Partner
Director, Financial Assurance Services

thumb_Amy Brisson 3x5

Amy J. Brisson, CPA

Partner
Entrepreneurial and Accounting Services

thumb_Mollene Benison

Mollene B. Benison, CPA

Partner
Financial Assurance Services

Senior Managers

thumb_Luke Werzinger

Luke Werzinger, CPA / CFE

Senior Manager
Financial Assurance Services