Our Royalty and Contract Compliance Services Group provides contract compliance
examinations, royalty audits, litigation
consulting, financial due diligence, forensic accounting, valuation services and
royalty statement preparation.
While royalty, licensing, joint venture and profit participation agreements present great revenue opportunities, protecting property rights and managing the accuracy of royalty and profit reports presents significant challenges. EisnerAmper’s Royalty Audit and Contract Compliance team is a dedicated group of specialists with the expertise and experience to assist clients in protecting intellectual properties and recovering underpaid royalties and profits. Our global resources allow us to work with licensors and audit licensees around the world, and across many industries, including technology, fashion and apparel, sports and entertainment, video games and toys, pharmaceuticals and life sciences, wholesale/distribution, food and beverage, music and print publishing, cable and broadcast networks and many more.
For licensors, licensees, and other parties to such an agreement, there are substantial benefits associated with verification that reports issued pursuant to the governing agreements are fairly presented, truthful and in accordance with the Agreement’s provisions. Licensors should collect all amounts they’re entitled to; licensees should not overpay. Furthermore, clients often need information on certain non-monetary activities of their licensees or partners in order to protect the value and integrity of their intellectual properties. EisnerAmper’s professionals can help prevent revenue slippage and provide essential information on the activities of our clients’ licensees and/or partners; the members of our team have a proven track record of delivering results.
While conducting royalty and contract compliance audits, we creatively look for ways to identify opportunities for potential recoveries. We also identify potential improvements to internal controls and develop internal policies for licensees that will help to ensure accuracy in future reporting.
Our Royalty & Contract Compliance Services Group provides royalty audits; contract compliance examinations; financial due diligence; litigation consulting, forensic accounting, and expert witness services; valuation services; and royalty statement preparation.
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