Miami Certified Public Accountant Providing Accounting, Tax, Audit and Consulting Services

Agreed Upon Procedures

Agreed Upon Procedures

An agreed upon procedures engagement is one in which a auditor is engaged by a client to issue a report of findings based on specific procedures performed on subject matter. The client engages the auditor to assist specified parties in evaluating subject matter or an assertion as a result of a need or needs of the specified parties. Because the specified parties require that findings be independently derived, the services of a auditor are obtained to perform agreed upon procedures and report his or her findings. The specified parties and the auditor agree upon the agreed upon procedures to be performed by the auditor that the specified parties believe are appropriate. Because the needs of the specified parties may vary widely, the nature, timing, and extent of the agreed upon procedures may vary as well; consequently, the specified parties assume responsibility for the sufficiency of the procedures since they best understand their own needs. In an engagement performed under this section, the auditor does not perform an examination or a review and does not provide an opinion or negative assurance. Instead, the auditor’s report on agreed-upon procedures should be in the form of procedures and findings.

As a consequence of the role of the specified parties in agreeing upon the procedures performed or to be performed, a auditor’s report on such engagements should clearly indicate that its use is restricted to those specified parties. Those specified parties, including the client, are hereinafter referred to as specified parties.



Gustavo A Viera, CPA, is the managing partner in Gustavo A Viera, PA, CPA. His experience spans more than 25 years. His public accounting experience includes a senior audit manager at PriceWaterHouseCoopers with a focus in the healthcare industry, and Chief Financial Officer of Hewlett Packard Latin America and Telefonica of Spain. Gus also writes a blog twice a week that addresses issues his clients have at He has also taught in the SBA program in Miami FL, and is admitted to practice in the State of Florida licensed Certified Public Accountant. Gus welcomes questions and he can be reached at Gustavo A Viera, PA, CPA, 15715 South Dixie Hwy. Suite 211, Miami, Fl. 33157, 786-250-4450.

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