Royalty Audits
Royalty audits (also known as "royalty examinations") ensure that your clients receive their rightful share of revenues generated from licensing agreements, record and publishing contracts, distribution deals, and intellectual property usage. With the rise of digital platforms and the complexity of licensing agreements, the potential for unreported or miscalculated royalties has never been greater. That's where we come in.
Why choose our firm for royalty audits?
We are the industry leaders in royalty audits, with a team of experienced professionals well-versed in entertainment and IP agreements and statutory licenses. Our comprehensive audit approach employs advanced analytics, forensic accounting techniques, and industry expertise to ensure maximum financial recovery for your clients.
How do these audits work in practice?
First, we conduct a thorough examination of licensing agreements, royalty statements, and transactional records. Our experts assess compliance with contractual terms, identify potential discrepancies, and determine if your clients are receiving accurate and fair compensation. We meticulously review financial records, sales data, and distribution channels to ensure all revenue streams are accounted for.
What are the potential benefits for my clients?
By conducting royalty audits, your clients can:
1 ) Identify underreported or miscalculated royalties and recoup lost revenue
2) Strengthen their negotiating position with licensees and business partners
3) Improve compliance and minimize the risk of future disputes.
4) Enhance their understanding of revenue streams and make informed business decisions.
5) Safeguard their intellectual property rights and maximize their monetization potential.
We also help companies comply with audits and defend audit claims.
See the descriptions of royalty audit engagements listed below, and our profit participation audit services.
Music Royalty Audits
We are best known for our audits of record companies, digital and physical, distributors and publishers on behalf of recording artists and songwriters, as well as producers and corporate clients.
[ Merchandise, Recordings, Publishing, Name, Image & Likeness, Endorsements ]
Interactive Game & Digital Distribution Audits
We balance tenacity with professionalism to hold digital and mobile content distributors and game publishers accountable to licensors, developers and their attorneys. Our interactive and digital distribution audits are designed to deliver the power of knowledge to strengthen your business relationships and improve your P&L.
[ Watch our founder, Cedar Boschan, speak about video game audits here ]
Licensing and Contract Audits
We audit your licensee's compliance with a wide and deep spectrum of contract provisions ranging from approvals, markings and metadata to marketing commitments and royalty payments. Our professionals have conducted audits in Asia, Europe and the Americas in the fashion, tech, and consumer products industries.
[ Character, Copyright, Patent, Publicity, Software, Tradedress, Trademark ]