Agreed Upon Procedure
Craft clarity. Shape strategy. Excel with AUP
Introduction to Agreed Upon Procedure
An Agreed Upon Procedure (AUP) service is a type of assurance engagement where a professional firm performs specific procedures that are agreed upon in advance by the client. Unlike full audits or review engagements, the scope of an AUP is focused, predefined, and limited, and it does not include an auditor’s opinion.
Instead of reviewing your entire financial statement, we only examine the agreed areas. The result is a factual findings report, without judgments—just the facts that you and your stakeholders can rely on.
An AUP engagement is ideal when you need targeted, transparent insights without the extensive process of a full audit. It is especially useful for:
Regulatory compliance checks
Grant audits
Due diligence
Internal control evaluations
At Albatel, we design each AUP engagement based on your specific requirements—ensuring precision, clarity, and stakeholder confidence. Our experienced professionals perform each procedure with accuracy and efficiency, delivering a reliable, unbiased report you can trust.
Importance of AUP for Businesses in Oman
Omani businesses today face increasing responsibilities around financial compliance, reporting accuracy, and internal controls. This is where Agreed Upon Procedure (AUP) services become a practical and efficient option.
AUP services are especially helpful in the following scenarios:
Reviewing bank statements for loan applications
Verifying vendor transactions for risk management
Evaluating cash flows for investor reporting
Supporting regulatory filings in Oman
Document checks to combat money laundering
With AUP, businesses can obtain targeted and reliable findings without undergoing a full audit process. This makes it a cost-effective and time-saving solution for specific compliance and verification needs.
Our key strengths include experienced accounting and reporting specialists, in-depth knowledge of Omani corporate, VAT, and tax regulations, and seamless digital conversion support. We deliver transparent and flexible engagement models tailored to each organization’s size, industry, and reporting complexity.
Benefits of Agreed Upon Procedure (AUP) for Omani Businesses
Tailored and Transparent Reporting
Our AUP services are designed to meet your specific needs. You choose the areas to review, and we deliver clear, factual, and unbiased results. This approach ensures full transparency over the key issues in your financials.
Compliance and Risk Reduction
With increasing focus on financial compliance in Oman, AUP helps businesses meet local and industry standards. This reduces the risk of penalties, errors, and compliance breaches.
Cost-effective and Efficient Process
Compared to full audit engagements, AUPs are quicker, more focused, and often more affordable. You only pay for the procedures you actually need, making it a cost-effective alternative.
Key Features of Agreed Upon Procedure (AUP) Services
Customized Procedure Scope
Every business is different. We work with you to develop an Agreed Procedures Engagement that fits your goals—nothing more, nothing less.
Specific, Detailed Reports
Our reports highlight factual findings, not opinions. You receive an unbiased view of the exact areas you asked us to verify.
Independent Professional Evaluation
An AUP is neutral and independent. We don’t provide conclusions—just facts. This objectivity adds confidence to your results and sets us apart from internal audit teams.
Adherence to Local and International Standards
We comply with ISRS 4400 (Revised) and other global AUP standards, along with Oman’s local laws. This ensures full compliance across all regulatory and professional requirements.
Our key strengths include experienced accounting and reporting specialists, in-depth knowledge of Omani corporate, VAT, and tax regulations, and seamless digital conversion support. We deliver transparent and flexible engagement models tailored to each organization’s size, industry, and reporting complexity.
Book an Appointment:
Ready to take your finances to the next level? Book an appointment with Albatel today!
Our professional team is here to provide personalized solutions that clarify finances and build trust. Let’s work together to ensure your business’s financial success.