Companies will occasionally identify a need for the involvement of independent advisors to complete a defined scope of work – for instance, to consider the detail of certain transactions and report on findings – without the provision of an assurance opinion.

This work may be completed to a level of detail above that of an audit in certain circumstances and provide significantly increased implied assurance over certain transactions. Overall, it provides the engaging company significant involvement in the defining of the procedures to be performed.

These engagements are referred to as ‘Agreed Upon Procedures’ engagements and are governed by the Australian Auditing Standards.

How we help

While not a common engagement type, Grant Thornton has significant expertise in such engagements and can assist in the defining of an appropriate and efficient scope of engagement – and agreed upon procedures – to meet the needs of your company.

Get in touch
Merilyn Gwan
Partner & Head of National Assurance Quality
Merilyn Gwan
Learn more about Merilyn Gwan
Merilyn Gwan
Partner & Head of National Assurance Quality
Merilyn Gwan

Get in touch

Grant Thornton Australia collects your personal information so we can send you communications including invitations to future events, industry insights and other relevant communications. You can opt-out of receiving these communications at any time via our preference centre. Privacy Policy.

Merilyn Gwan
Subscribe to receive our publications

Subscribe now to be kept up-to-date with timely and relevant insights, unique to the nature of your business, your areas of interest and the industry in which you operate.