AUP engagements are often used in situations where a client needs assurance about specific subject matters, but does not need a full audit. The specific procedures performed in an AUP engagement will depend on the client’s needs and the scope of the engagement. Here are some of the most popular agreed upon procedures services:
1- Compliance with laws and regulations: This involves performing procedures to assess whether a client is complying with specific laws and regulations that are relevant to their business. This is a common AUP service for clients in the healthcare, financial services, and government industries.
2- Financial statement assertions: This involves performing procedures to test specific assertions made in a client’s financial statements, such as revenue recognition, accounts receivable, and accounts payable. This is a common AUP service for clients in the manufacturing, construction, and real estate industries.
3- Due diligence: This involves performing procedures to evaluate a potential investment or acquisition target. This is a common AUP service for clients in the private equity and venture capital industries.
4- Loan compliance: This involves performing procedures to assess whether a client is in compliance with the terms of a loan agreement. This is a common AUP service for clients in the financial services industry.
5- Information technology controls: This involves performing procedures to assess the effectiveness of a client’s information technology controls, such as data security and privacy controls. This is a common AUP service for clients in the technology and healthcare industries.

Compilation engagements:
A compilation engagement is a type of accounting service where an accountant is engaged to assist a client in preparing financial statements. The accountant does not perform any audit or review procedures, and their role is limited to compiling the financial statements based on information provided by the client. Here are some common compilation engagements:
1- Preparation of financial statements: The most common type of compilation engagement involves the preparation of financial statements. This may include the preparation of balance sheets, income statements, and cash flow statements.
2- Bookkeeping services: Some clients may engage an accountant to provide bookkeeping services, such as recording transactions, reconciling bank accounts, and maintaining general ledgers.
3- Review of accounting records: An accountant may be engaged to review a client’s accounting records to ensure that they are accurate and complete.
4- Agreed-upon procedures: An accountant may be engaged to perform specific agreed-upon procedures, such as testing the accuracy of inventory counts or reviewing specific transactions.
5- Compilation of tax returns: An accountant may be engaged to compile a client’s tax returns, such as income tax returns or sales tax returns.