Agreed-Upon Procedures (AUP)


1.  What are AUPs (Agreed-Upon Procedures)?

In an AUP, the CPA will execute a specific procedure agreed in advance with the client, and report back on the findings.


2.  Main purposes of AUPs

AUPs are highly flexible and can be easily adapted to specific client needs. They are commonly used for evaluation of financial statement items. Examples include but are not limited to:

IPO  Short reviews and comfort letters for financial statement items

Pharmaceutical companies

 Audit of R&D funds for outsourced research contracts

Financial services

 Client asset segregation
M&A

 Financial due diligence of acquisition targets


3.  Difference between AUPs and Assurance

In AUPs, the auditor will execute the agreed-upon procedures and report back on the findings, but the CPA will not express assurance. Clients are responsible for drawing their own conclusions. 

For Assurance Services, the CPA will provide confirmation and express assurance on the findings.


4.  Standard Flow for AUP Engagements

  1. Free consultation
  2. Submission of Quote
  3. Signing of AUP Agreement
  4. AUP Planning / Review of requested material
  5. Execution of AUP engagement
  6. Submission of report

5.  Fee Policy

1.  Daily charge (7 hours per day)

We will assess the number of days required for the engagement depending on your situation, and provide a tailored solution based on a daily charge system.
Daily charges are commensurate to the Big 4 accounting firms.
Large audit firms will charge a team rate for senior auditors who are often not onsite. Our services guarantee a fully qualified Japanese CPA with 10+ years of experience will be onsite for the entire engagement.

2.  Actual cost estimate for any travel expenses and accommodation will be provided upfront in the quote.


内部監査支援専門

公認会計士(CPA)・公認内部監査人(CIA)・公認情報システム監査人(CISA)・公認不正検査士(CFE)・税理士

代表 小田陽一
代表 小田陽一


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〒167-0054 
東京都杉並区松庵二丁目6番5号

E-mail:contact@marunouchi-internal-audit.com

Tel:03-5941-6282

受付時間:9~18時(月~金曜日)

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