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 benefits and process of a license, royalty or franchise audit. 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 -Outline the compliance process -Discuss data and reporting solutions -Review data analytics component of compliance process