Agreed Upon Procedures (AUP)
ONCG performs limited assurance engagements commonly known as “Agreed Upon Procedures (AUP)”. The agreed-upon procedure is the type of negative engagement where auditors perform their review on the procedures that are agreed with the client. Even though the client’s procedures are set, ONCG’s auditors will practicably seek to adopt international applicable standards issued by IFAC and other statutory bodies including local regulators. Once auditors complete their review or perform all the procedures required by management, the auditor will issue the report called factual finding report by listing down all the findings they found during the audit.