Call for Solutions - Agreed Upon Procedures and Performance Audit Testing Solution

The Army Contracting Command – Aberdeen Proving Ground (ACC-APG) is seeking innovative solutions for Agreed Upon Procedures and Performance Audit Testing Solution for Army Financial Management and Audit Readiness. The current audit efforts are overly reliant on broad, resource-intensive testing that consistently fails to produce complete, audit-ready evidence during initial procedures. The Army is transitioning to a targeted, materiality-focused remediation strategy aligned with the OSW consolidated audit model, prioritizing the process areas that impact the DoW consolidated financial statements. The solution should include Agreed-Upon Procedures (AUP) and performance audit work to identify persistent audit failures and/or confirm the appropriateness of corrective actions. • The solution should be able to substantively test all balances in accordance with GAGAS guidelines and confirm to the Army that these balances will meet all financial statement assertions. • The vendor should focus solely on identifying exceptions and the associated root causes. • The vendor should propose a methodology for determining sample sizes and selection criteria, clearly annotating all assumptions made to develop the technical solution. • The contractor’s procedures should include validating population completeness and traceability.