Insights: Emily Hoffman

Is the recapture of unpaid royalties worth the time, effort and expense that comes with an audit? As revenues are increasingly generated from licensing agreements, licensees continue to incorrectly report royalties and underpay royalty payments owed. Incorporating license management, specifically, royalty audits, into your compliance program can result in increased profits, risk mitigation and stronger…

Although most everyone is familiar with the term audit, a lesser-recognized type of service provided through examination of records is known as a performance audit. These can be described as audits that provide findings or results based on an evaluation or sufficient evidence against stated criteria. While performance auditing is historically thought of in relation…