Agreed-upon Procedures

Meeting Standards is a Given. BBW Surpasses Expectations.

Reporting needs do not always require an audit of financial statements. Whether preparing to sell your business, purchasing a business or for other reasons, an Agreed-upon Procedures engagement may be appropriate for your company.

During an Agreed-upon Procedures engagement, Blair, Bohlé & Whitsitt issues a report on findings based on the performance of specific procedures that are agreed to by the accountant and a third party. The scope of procedures can vary widely based on your needs and what you believe is appropriate.

The BBW Approach

BBW performs Agreed-upon Procedures engagements in accordance with the standards issued by the American Institute of Certified Public Accountants and follows steps that include:

1. Conducting a pre-engagement meeting to determine the procedures to be performed.
2. Planning and performing the agreed-upon procedures.
3. Preparing and maintaining appropriate engagement documentation.
4. Reporting the findings resulting from the procedures performed.

Our Agreed-upon Procedures engagements offer clear results in identified areas.

Examples of BBW engagements include applying agreed-upon procedures to:

• Cash Balances
• Security Balances
• Income Tax Provisions
• Accounts Receivable/Payable Processes
• Companies to be Acquired
• Royalty Agreements

By meeting standard guidelines with integrity, attention-to-detail and personal service, BBW surpasses your typical expectations.

Contact our professionals.