Engagement
Agreed-Upon Procedures for Lenders
Procedures specified by a bank or landlord — confirming balances, covenants, or inventory existence without issuing a full audit opinion.
Quote based on the procedures list
Who this engagement is for
Companies whose bank, lessor, or counterparty has requested independent procedures on specific balances — inventory existence, accounts receivable confirmations, or covenant ratio calculations — without commissioning a full statutory audit.
What you receive
A factual findings report listing the procedures performed and the results obtained. We do not express an opinion or conclusion beyond those facts.
Process
We review the counterparty’s procedures list, confirm independence, agree the report wording, perform the procedures, and issue the report to the parties named in the engagement letter.
Next step
Send the procedures list and we will reply with a fee quote and timeline.