Agreed Procedures

The objective of an engagement to perform pre-agreed procedures is for the auditor to carry out procedures of an audit nature in which the auditor and the company, and any other party have agreed to report on the factual analysis.

The report is restricted to those parties that have agreed on the procedures to be performed as others, unaware of the reasons for the procedures, may misinterpret the results.

The report contains the analysis of the facts of the agreed procedure and the addressee of the same must draw his own conclusions from the work of the auditor.