Agreed-Upon Procedures Engagements

IT General Controls Fundamentals · 3:56

Listen on 93

Lyrics

[Verse 1]
When a client needs specific work to be done
Not an audit or review, something custom built for one
They define the procedures, we agree upon the scope
No assurance or opinions, just the facts to help them cope

[Chorus]
A-U-P, Agreed Upon Procedures
Do the work, report what we see
No assurance, no opinions given
Just the findings, factual and free
A-U-P, the client's specification
Follow steps, document with care
Limited use for those who hired us
Facts alone is what we share

[Verse 2]
Three parties in this engagement, let me break it down for you
The accountant does the testing, that's the role we're hired to do
The engaging party pays us and they set what we will test
The specified users get the report, they know the context best

[Chorus]
A-U-P, Agreed Upon Procedures
Do the work, report what we see
No assurance, no opinions given
Just the findings, factual and free
A-U-P, the client's specification
Follow steps, document with care
Limited use for those who hired us
Facts alone is what we share

[Bridge]
We can't change the procedures once we've agreed
Can't provide conclusions that weren't in the deed
Distribution is restricted to the parties named
Independence may be needed, standards must be maintained

[Verse 3]
Count the cash or test the contracts, verify the inventory
Check compliance with agreements, document each finding's story
When exceptions are discovered, we report them as they are
No interpretation given, just the facts without a star

[Chorus]
A-U-P, Agreed Upon Procedures
Do the work, report what we see
No assurance, no opinions given
Just the findings, factual and free
A-U-P, the client's specification
Follow steps, document with care
Limited use for those who hired us
Facts alone is what we share

[Outro]
Factual findings only
That's the A-U-P way
Specific procedures followed
Facts alone is what we say

← Compilation Engagements - CSRS 4200 Basics | Review vs Compilation - Key Differences →