Eide Bailly Inspired Perspectives | License and Royalty Compliance
Course Description: Do you have license and royalty agreements? Are you confident that your reports are accurate? Do you know if your licensees are paying accurately? It’s been found that 75% - 85% of licensees have errors in their royalty reporting and 89% of license agreements are underpaid. It is important that your revenue calculations are regularly examined to ensure consistency with your agreements and to check for completeness and accuracy. A license and royalty audit can provide that assurance. Join us for a webinar to discuss the process of a license, royalty or franchise audit and how it can benefit your organization. Learning Objectives: Define key license and royalty compliance terms. Discuss each audit type: license, royalty and franchise Identify the key benefits of a license, royalty or franchise audit. Examine the compliance process. Discuss data and reporting solutions. Differentiate the data analytics component of compliance process.