Audit > Commitment to Perform Agreed Procedures
Commitment to Perform Agreed Procedures
It consists of performing audit procedures duly agreed with Management, referring to elements, accounts, items and accounting or non-accounting information. The objective of a work with agreed procedures is for the auditor to apply the audit procedures for the evaluation of a subject or affirmation as a result of a need of nature, period and extension previously agreed with Management, and with interested third parties, whose results and Findings must be informed.
The auditor issues a report of the factual results of the agreed procedures, no certainty is expressed. Instead, the users of the report evaluate for themselves the procedures and results reported by the auditor and draw their own conclusions from the auditor’s work.