Royalty Audit

Secure your Accounts Payable with Robust Internal Financial Controls!!

Accounts Payable (AP) is an integral part of accounts and finance function and sensitive in terms of cash management. It is imperative to maintain the AP to the utmost completeness, correctness, and compliances with regulatory requirements. However, AP is prone to various risks. It is critical to identify those, so you can anticipate and not …

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Is it Time for a Royalty Audit?

  The recording industry has massive stakeholders – from songwriters to artists to a multitude of businesses, which are involved in the distribution process. And it’s an industry that can ignite media attention when some lyrics sound too much like another song; when this happens, it triggers headline-making legal battles. Understandably, people want to protect …

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Royalty Audit – Use The Checklist To Uncover Red Flags

  Do you know nearly 89% of audited licensees underpay and underreport royalties? And, are you aware that recovering royalties fall within 5-20x the cost of conducting a royalty audit? If your business owns an intellectual property, then performing a royalty audit is a critical step to ensure fair accountability and exercising your contractual right …

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