Audits for Special Report
Baker Tilly Myanmar specializes in preparing special reports tailored to our clients' needs. The most common type of special report we provide is the Agreed-Upon Procedures (AUP) Report. These reports are typically requested by clients who need specific procedures performed on particular aspects of their financial or operational data, without requiring a full audit or assurance engagement.
Typical AUP engagements include:
- Company Inventory Valuation Ensuring compliance with the company's accounting policy on inventory including any related write downs resulting from slow moving or obsolete products.
- Report on Special Purpose Audit (under International Standard on Auditing 800).
- Report on Financial Statements Prepared in Accordance with a Comprehensive Basis of Accounting other than International Accounting Standards or National Standards.
- Reports on a Component of Financial Statements.
- Reports on Compliance with Contractual Agreements.
- Reports on Summarized Financial Statements.
In other situations special reports are often required for group consolidation, industry specific regulation compliance or simply to satisfy the needs of international investors. At Baker Tilly our skilled and experienced professionals are invaluable in assisting our clients in these endeavors, ensuring that your financial reporting is accurate and compliant with the required standards.