Agreed Upon Procedures

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Agreed Upon Procedures

The procedures an accountant uses when preparing a statement for a party when the party requires the accountant to use these procedures and takes responsibility for their adequacy and accuracy. The accountant does not express an opinion on the procedures, but must abide by them for purposes of preparing the requested statement.
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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.
Tenders are invited for independent accounting firms to examine the records and to perform certain agreed-upon procedures (the "engagement") in accordance with ncaa rules, for the department of intercollegiate athletics and in accordance with generally accepted accounting principles and the guidelines of the governmental accounting standards board.
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."