Engagement
Agreed-Upon Procedures
Fact-finding procedures on specific balances or covenants when a full audit is not required by statute or contract.
Who it is for
Owners, lenders, and joint-venture partners who need verified facts on named accounts without an opinion on the whole set of statements.
Result
A factual findings report describing procedures performed and results observed — no assurance opinion.
Scope
Procedures defined jointly with the engaging party (e.g., inventory observation, confirmation of specific payables, covenant calculation check).
Included
- Drafting of procedure list with the engaging party
- Execution of agreed tests
- Factual findings report
Not included
- Expression of an audit opinion
- Continuous monitoring after the report date
Provider
Shiosai field team with partner sign-off.
How the engagement runs
- Define procedures in writing
- Perform fieldwork
- Issue findings report
Duration
Two to six weeks depending on procedure breadth.
Location & delivery
As needed at the entity’s premises.
Preparation
Access to the specific records named in the procedure list.
Constraints
Report users must be named; we do not issue unrestricted AUP reports.
Pricing basis
Quote-based; smaller single-balance procedures often begin near ¥320,000.
Send the draft procedure list or lender checklist you need fulfilled. View rates guidance