Due diligence & Agreed-upon procedures
Sincere Accounting Advisory Services provides full scope assurance related
services, including due diligence and other agreed-upon services as special investigations.
Engagement to perform agreed-upon procedures relate to certain procedures concerning
individual items of financial data (for example, accounts payable, accounts receivable,
purchases from related parties and sales and profits of a segment of an entity), a financial
statement (for example, a balance sheet) or even a complete set of financial statements.
Sincere will provide a report of the factual findings of agreed-upon
procedures, where no assurance is expressed. Instead, users of the report assess for themselves
the procedures and findings reported by the Sincere and draw their
own conclusions from the auditor's work.
Examples of agreed-upon procedures include due diligence and other special investigations
(e.g. in the field of internal control, ICT, or general accounting issues).
Sincere provides agreed-upon procedures in accordance with the
International Standard on Related Services applicable to agreed-upon procedures engagements
as issued by the International Federation of Accountants and standards as issued by the Dutch
Institute of registered Auditors ("NIVRA").
