Engagement
Lender Covenant & Special-Purpose Reporting
Agreed-upon procedures and special-purpose reports for banks, joint-venture partners, and grantors who need verified figures outside the annual audit.
When a bank asks for verified working-capital figures or a joint-venture partner wants confirmation of capital contributions, a full statutory audit is often more than needed. Our special-purpose reporting engagements stick to the procedures requested and deliver a clear findings letter.
Who it is for
Borrowers facing covenant tests or partners needing verified contribution figures
Duration
1–3 weeks depending on procedures
How we deliver
Desk review with targeted confirmations
Fee basis
Quote based on procedure list from the lender or partner
What is included
- Procedure design aligned to the requesting party’s letter
- Factual findings report without a full opinion
- Coordination with bank or partner contacts when authorized
What is not included
- Negotiation of loan terms
- Forecast or valuation opinions
How the engagement runs
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Procedure letter
We confirm exactly which figures and tests the counterparty expects.
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Evidence gathering
Source documents and confirmations are collected against that list.
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Findings report
Results are reported factually, without expanding into a full audit.
Preparation
Forward the lender’s or partner’s request letter and the latest management pack.
Constraints
Scope is limited to agreed procedures; we do not stretch findings into marketing claims.
Next step
Forward the request letter and we will confirm whether we can accept the work.