Agreed-Upon Procedures Report Template

Understanding the Agreed Upon Procedures Report

An Agreed Upon Procedures Report (AUP Report) is a formal document that outlines specific procedures performed on a subject matter, and the resulting findings. It is crucial to design this template with precision and clarity to maintain professionalism and instill trust.

Essential Components of an AUP Report Template

Report Header

The report header is the initial point of contact for the reader. It should be meticulously designed to convey professionalism and credibility.

Firm Name and Logo: Position your firm’s name and logo prominently at the top left corner. Ensure the logo is clear, legible, and consistent with your brand identity.

Report Title: Clearly state the report’s title, such as “Agreed Upon Procedures Report.”

Client Name and Address: Include the client’s name and address on the right side of the header.

Report Date: Specify the date of the report preparation.

Report Number: Assign a unique report number for easy reference.

Report Body

The report body is the core of the document, presenting the findings of the agreed-upon procedures. Structure and formatting are essential for clarity and readability.

Report Introduction

Objective: Clearly state the objective of the engagement, including the specific procedures to be performed.

Scope: Define the scope of the engagement, including the period covered, the subject matter, and any limitations.

Responsibilities: Clearly outline the responsibilities of both the auditor and the client.

Procedures Performed

Detailed Procedures: List each agreed-upon procedure in a numbered or bulleted format. Ensure clarity and specificity in describing each procedure.

Findings: Present the findings of each procedure concisely and objectively. Use clear and concise language.

Exceptions: If any exceptions or discrepancies are found, clearly document them, including relevant details and potential implications.

Report Conclusion

Summary of Findings: Summarize the overall findings of the engagement, highlighting any significant issues or trends.

Limitations: Reiterate the limitations of the engagement, emphasizing that the report is based solely on the agreed-upon procedures.

Disclaimer: Include a disclaimer stating that the report is intended solely for the use of the specified parties and should not be relied upon by others.

Report Footer

The report footer provides essential contact information and legal disclaimers.

Firm Contact Information: Include the firm’s address, phone number, email address, and website.

Page Numbering: Implement consistent page numbering for easy navigation.

Legal Disclaimer: Include a brief legal disclaimer addressing the report’s limitations and confidentiality.

Design Elements for Professionalism and Trust

Consistent Formatting: Maintain consistent formatting throughout the report, including font styles, sizes, and spacing.

Professional Typography: Choose a clean and readable font that aligns with your firm’s branding.

White Space: Utilize white space effectively to improve readability and create a visually appealing document.

Clear and Concise Language: Use clear and concise language throughout the report to avoid ambiguity.

Professional Layout: Organize the report content in a logical and visually pleasing manner.

Quality Paper: Print the report on high-quality paper to enhance its overall appearance.

Additional Considerations

Customization: Tailor the template to meet the specific requirements of different engagements.

Version Control: Implement a version control system to track changes and revisions.

Review and Approval: Establish a review and approval process to ensure accuracy and quality.

By carefully considering these elements, you can create a professional and effective Agreed Upon Procedures Report template that instills confidence in your clients and strengthens your firm’s reputation.

Remember: The key to a successful AUP Report template is clarity, consistency, and professionalism.