Agreed Upon Procedures Services in UAE

Our customised AUP services help startups, SMEs, multinational companies, investors, and stakeholders across Dubai and the UAE independently assess specific financial, operational, tax, or compliance-related concerns without the broader scope and cost of a statutory audit.

We also assist businesses requiring independent reviews connected with UAE Corporate Tax compliance, VAT transaction testing, investor reporting, management verification requirements, AML procedures, and financial due diligence assessments.

What Are Agreed Upon Procedures (AUP)?

Agreed Upon Procedures (AUP) are independent professional engagements where specific procedures are mutually agreed upon between the client and the consultant.

Unlike a statutory audit, an AUP engagement does not provide an audit opinion or assurance conclusion. Instead, we perform predefined examinations, testing procedures, validations, and reviews and issue a factual findings report based solely on the agreed scope of work.

AUP engagements are highly flexible and are commonly used by UAE businesses requiring targeted financial reviews, investor verification support, contractual compliance checks, or regulatory-focused assessments.

These procedures are commonly used for:

• Financial record examination
• Internal control testing
• Regulatory compliance reviews
• Due diligence assessments
• Revenue validation
• Expense testing
• Investor and shareholder reporting
• Grant or funding compliance
• Contractual compliance requirements
• VAT transaction testing
• Corporate Tax related reviews
• Bank financing verification requirements

Why Businesses in UAE Need AUP Services

In today’s competitive and regulated UAE business environment, companies often require independent factual reviews beyond traditional audits.

AUP services provide focused insights without the wider scope, timelines, and costs associated with statutory audits.

Businesses across Dubai and the UAE commonly use AUP services to:

• Verify financial information before investments or acquisitions
• Validate revenue shared with investors or business partners
• Meet shareholder or contractual reporting obligations
• Review operational efficiency and internal processes
• Support bank financing or loan applications
• Assess VAT compliance on selected transactions
• Examine Corporate Tax related expenses and documentation
• Detect inconsistencies, irregularities, or reporting gaps
• Strengthen internal controls and approval systems
• Support Free Zone compliance and management reporting requirements

Many UAE companies also use AUP services during shareholder disputes, partnership restructuring, acquisition discussions, and internal investigations requiring independent factual verification.

Comprehensive Agreed Upon Procedures (AUP) Services in UAE

At German Fintax Consultancy, every engagement is customised based on your business objectives, reporting expectations, regulatory requirements, and operational concerns.

Financial Verification & Examination Procedures

We independently review selected financial records, balances, and transactions to help businesses improve accuracy, transparency, and reporting reliability.

Our procedures may include:

• Revenue testing and sales validation
• Expense examination and supporting documentation review
• Bank reconciliation testing
• Accounts receivable verification
• Accounts payable examination
• Cash flow review procedures
• Payroll testing and employee payment validation
• Project-based revenue review
• Transaction sampling and financial testing

These procedures are commonly used for investor reporting, acquisition due diligence, shareholder verification, and banking documentation requirements in UAE businesses.

Compliance Review Procedures

We help organisations assess whether their operations, financial activities, and reporting practices comply with applicable UAE regulations and internal policies.

Our compliance review procedures may include assessment of:

• UAE financial regulations
• Corporate policies and procedures
• Contractual obligations
• VAT compliance requirements
• UAE Corporate Tax documentation
• AML compliance procedures
• Management approval processes
• Free Zone reporting obligations

Our UAE-focused compliance reviews help businesses identify operational gaps before regulatory reviews, investor assessments, or financing applications.

Internal Control Assessment

Strong internal controls are essential for preventing errors, operational inefficiencies, and financial irregularities.

Our professionals assess existing internal control systems and identify areas where operational or financial risks may exist.

This includes review of:

• Authorisation controls
• Segregation of duties
• Approval hierarchies
• Financial reporting controls
• Procurement procedures
• Expense approval systems
• Inventory management controls
• Cash handling procedures
• Access and documentation controls

Businesses in UAE frequently request internal control AUP reviews to improve governance, reduce operational risk, and strengthen financial transparency.

Due Diligence Procedures

Businesses, investors, and stakeholders often require independent factual reviews before entering mergers, acquisitions, partnerships, or investment transactions.

Our due diligence procedures help verify:

• Financial records and accounting accuracy
• Revenue sources and transaction authenticity
• Outstanding liabilities and obligations
• Vendor and customer balances
• Operational processes
• Compliance status
• Tax-related documentation
• Contractual commitments

Our due diligence AUP services are particularly useful for investors, joint ventures, startup funding rounds, and business acquisitions in Dubai and across the UAE.

Inventory & Asset Verification

We conduct independent physical verification and reconciliation procedures for inventory and business assets.

Our procedures may include:

• Inventory stock verification
• Fixed asset testing
• Warehouse control assessments
• Asset register examination
• Inventory movement review
• Inventory valuation method assessment
• Damaged or obsolete inventory identification

These procedures help businesses improve inventory accuracy, reduce stock discrepancies, and strengthen operational controls.

Common Situations Where UAE Businesses Need AUP Services

Businesses across UAE commonly engage AUP services for situations such as:

Businesses across UAE commonly engage AUP services for situations such as:
• Investor or shareholder verification requirements
• Bank financing documentation support
• Franchise royalty verification
• Revenue-sharing agreement reviews
• VAT transaction testing
• Corporate Tax expense verification
• Free Zone compliance reviews
• Internal fraud or irregularity concerns
• Joint venture reporting requirements
• Management reporting validation
• Acquisition or merger due diligence
• Supplier or procurement testing

Benefits of Our AUP Services in UAE

Tailored Scope

Every engagement is customised according to your business requirements, reporting concerns, and compliance objectives.

Independent & Objective Reporting

We provide factual findings based strictly on agreed procedures with complete professional independence.

Cost-Effective Alternative to Full Audits

AUP engagements are more focused, flexible, and economical compared to traditional audits.

Better Business Decision-Making

Reliable financial examination and operational reviews help management, investors, lenders, and stakeholders make informed decisions.

Enhanced Financial Transparency

Independent reviews improve confidence among shareholders, investors, banks, and regulatory authorities.

UAE Regulatory Support

Our procedures support businesses dealing with UAE VAT compliance, Corporate Tax documentation reviews, AML assessments, Free Zone reporting requirements, and financial control improvements

Industries We Serve

We provide Agreed Upon Procedures services for businesses across multiple industries in Dubai and UAE, including:

• Trading & Distribution
• Manufacturing
• Real Estate
• Construction
• Hospitality
• Healthcare
• Retail
• E-commerce
• Professional Services
• Technology & Startups

Why Choose German Fintax Consultancy?

Experienced Financial Professionals

Our team possesses extensive UAE experience in financial reviews, compliance assessments, accounting, VAT, Corporate Tax, and business advisory services.

Strong UAE Regulatory Knowledge

We stay updated with evolving UAE Corporate Tax regulations, VAT requirements, AML compliance standards, and financial reporting expectations applicable to businesses across mainland and Free Zones.

Confidential & Professional Service

We maintain strict confidentiality, integrity, and professional ethics across all engagements.

Customised Business Solutions

Every business has different operational and reporting requirements. We tailor our procedures to align with your objectives.

Clear & Timely Reporting

We deliver structured, accurate, and timely factual findings reports to support your operational and financial decision-making process.

Our AUP Engagement Process

1. Initial Consultation

We understand your business objectives, operational concerns, regulatory requirements, and reporting expectations.

2. Scope Definition

Specific procedures are mutually agreed upon and formally documented before commencement.

3. Execution of Procedures

Our team performs the agreed examination, testing, validation, and review procedures.

4. Reporting

We issue a detailed factual findings report outlining the results of the procedures performed.

5. Advisory Support

Where separately requested, we may provide advisory observations and practical business recommendations outside the factual findings report to help improve controls, compliance, and operational efficiency.

Get Professional Agreed Upon Procedures (AUP) Support in UAE

If your business requires independent financial examination, compliance-focused reviews, investor verification support, VAT transaction testing, or targeted operational assessments, German Fintax Consultancy is here to help.

Our experienced UAE consultants deliver reliable, confidential, and customised Agreed Upon Procedures services tailored to your business goals, investor requirements, and regulatory obligations across Dubai and the UAE.

Whether you require support for investor reporting, Corporate Tax reviews, due diligence procedures, internal control assessments, or compliance-focused financial testing, we provide practical and professional AUP solutions designed around your exact business requirements.