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INDEPENDENT ACCOUNTANT\'S COMPILATION REPORT ON ANNUAL SURVEY OF CITY AND TOWN FINANCES PURSUANT TO SECTION 17105.1 OF TITLE 11 OF THE OKLAHOMA STATUTES Office of the State Auditor and Inspector State
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01
Understand the scope and objectives of the agreed-upon procedures engagement.
02
Identify the criteria for performing the procedures.
03
Obtain the necessary information and documentation from the client.
04
Perform the agreed-upon procedures in accordance with the criteria and objectives.
05
Document the procedures performed and the results obtained.
06
Report the findings to the client in a professional manner.

Who needs agreed-upon procedures engagements and?

01
Auditors who need to provide assurance on specific financial information.
02
Organizations that want to have specific procedures performed on their financial data.
03
Regulatory bodies that require specific procedures to be conducted for compliance purposes.
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Agreed-upon procedures engagements are services provided by auditors where they perform specific procedures on subject matter and report their findings.
Agreed-upon procedures engagements are typically required by clients who need assurance on specific aspects of their financial information.
Agreed-upon procedures engagements are filled out by documenting the procedures performed, the findings, and any recommendations based on the results.
The purpose of agreed-upon procedures engagements is to provide users of the report with specific information on certain aspects of the subject matter.
The report on agreed-upon procedures engagements must include the procedures performed, the findings, and any recommendations.
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