GAO performed the
agreed-upon procedures Congress requested related to receipt and disbursement processing and related procedures applicable to the Office of Public Records Revolving Fund (the Fund) for fiscal years 2006 and 2007.
* THE ATTESTATION STANDARDS APPLY whenever an independent CPA has been engaged to issue, or issues, an examination report, a review report or an
agreed-upon procedures report on subject matter--or an assertion about the subject matter--for which another party is responsible.
10 also eliminates the requirement in AT section 201,
Agreed-Upon Procedures Engagements, for the practitioner to obtain a written assertion in an agreed-upon-procedures attest engagement.
A registrant may, however, engage a public accounting firm to perform an
agreed-upon procedures engagement to help management evaluate the completeness, accuracy, and consistency of its XBRL submission.
This proposal also would adjust the audit requirements for over-the-counter derivatives dealers to allow accountants to use
agreed-upon procedures when conducting audits of risk management control systems.
Statement of Position 01-3, Performing
Agreed-Upon Procedures Engagements That Address Internal Control Over Derivative Transactions as Required by the New York State Insurance Law (No.
In performing the
agreed-upon procedures, we conducted our work in accordance with U.S.
When performing
agreed-upon procedures, the CPA disclaims an opinion, because unlike in an examination, he has not performed enough procedures in order to express an opinion.
The
agreed-upon procedures report showed a higher amount of errors than typically encountered, with especially high error rates for property values and income information.
*
Agreed-upon Procedures Applied to Investment Portfolios of Local Governments (Revised June 2001)
The new audit guidance requires an
agreed-upon procedures engagement that the USDA hopes will be more successful in focusing the audit procedures in areas that will assist in identifying "equity skimming."
