What level of assurance is provided in an agreed-upon procedures engagement report?

• A. Reasonable assurance
• B. Limited assurance
• C. No assurance
• D. Some assurance from procedures

Answer: (C)

Agreed-upon procedures engagements are designed so the practitioner performs specific procedures and reports the results, not to form or express an opinion about the subject matter. Because there is no opinion or conclusion issued, the engagement provides no assurance to users. The report describes which procedures were performed and the findings, and explicitly states that no assurance is expressed. This distinguishes it from audits (reasonable assurance) or reviews (limited assurance). If assurance were required, the engagement would be an audit or a review, not an AUP.