• Work with management to identify and inventory intellectual property assets.
• Assist management in developing a plan to ensure appropriate royalties are being collected and value is maximized.

Royalty Audit Services

• Assess if the licensee may be incorrectly interpreting the royalty arrangement and underpaying its royalty obligations, which may occur in self-reporting scenarios.
• Help clients evaluate the financial impact of license terms and conditions, as well as evaluate the potential issues in calculating royalties pursuant to license agreements.
• Perform detailed forensic accounting analysis to reveal the amounts paid pursuant to license agreements and determine their reasonableness and accuracy.
• Review of financial records and reporting to identify potential issues with the calculation and underlying data.
• Assist corporations, universities, foundations and individuals who act as licensors to confirm receipt of negotiated licensing terms. Many license agreements require the licensee to pay for the cost of royalty audits if discrepancies and/or underpayments are identified.

Transfer Pricing

• Work with management to analyze and establish reasonable rates for use in transfer pricing.