Tailored Assurance Services
Independent checks designed around stakeholder confidence and business risk.
Audits & Assurance
Independent assurance designed around what your stakeholders need to know
Independent checks designed around stakeholder confidence and business risk.
Not every assurance need requires a full statutory audit. We design agreed upon procedures, independent reviews and comfort reports for boards, lenders and investors, with a scope that answers the questions they need resolved.
- Agreed upon procedures designed around specific stakeholder questions.
- Independent reviews for boards, lenders, and investors.
- Comfort reports scoped to answer exactly what is being asked.
Our approach
How we deliver tailored assurance services
Stakeholder question definition
We work with you to define exactly what comfort is needed, for whom and in what format, converting the underlying question into a clear set of procedures that will produce the answer stakeholders need.
Testing and agreed procedures
We carry out the procedures exactly as agreed, document the work performed and the evidence obtained, and flag any findings that fall outside the agreed parameters as the work progresses.
Comfort report and follow up
We produce a report in the format required by the stakeholder factual findings, conclusions or both and are available to discuss the findings directly with the recipient where that adds value.
Who this is for
Businesses and individuals that need
01
Boards needing specific financial comfort
Where the board needs independent confirmation of a specific financial figure, process or control without a full audit to support a key decision or governance requirement.
02
Lenders and investors requiring assurance
Where a lender, investor or joint venture partner requires independent verification of financial information before committing to a transaction or ongoing arrangement.
03
Businesses in regulated or grant funded activities
Where a regulator, grant body or contract requires independent verification of specific financial data as a condition of ongoing compliance or funding receipt.
Client feedback
“The agreed upon procedures report gave our lender exactly what they needed to proceed. It was scoped precisely, completed quickly and cost a fraction of what a full audit would have.”
Client review Property development company, London
Common questions
Frequently asked questions
What is an agreed upon procedures engagement?
An agreed upon procedures (AUP) engagement involves an independent accountant performing specific, defined procedures on financial data and reporting factual findings without providing an opinion or conclusion. The procedures are agreed in advance by the client and the intended user of the report, which states exactly what was done and what was found.
How does tailored assurance differ from an audit?
An audit involves an independent examination of financial statements to express an opinion on whether they give a true and fair view. Tailored assurance is scoped more narrowly it answers a specific question using defined procedures rather than providing a comprehensive opinion. It is faster, more targeted and less costly where a full audit is not required.
How quickly can a comfort report be produced?
For straightforward engagements, we can produce a comfort report within two to four weeks of agreeing the scope and receiving the relevant documentation. More complex procedures take longer. We are clear on the timeline at the scoping stage so that any transaction or funding timeline is not affected.
Who can receive the assurance report?
The report is addressed to the specific parties who agreed the procedures and is typically restricted to those parties. This is one of the characteristics of agreed upon procedures the findings are reported to those who defined the scope, not for general use or third party reliance.
Ready to take the next step?
Book an introductory meeting to discuss your audits & assurance needs with a specialist.