Auditors are more necessary with technological changes in royalty & participation accounting
Technology has changed the playing field for many industries; Royalty & Profit Participation auditing is no exception. Many music...
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Crash Course Part IV: The Gold Standard of Royalty Audits—Ongoing Income Recovery
So far, this crash course has identified the different types of underpayments; tips and common mistakes to avoid; and the differences...
Crash Course Part III: “Desk-Forensic Audit” vs. Normal Audit
Short of an audit, a “desk-forensic audit” is the most meaningful and practical way to identify unpaid amounts. It consists of 3 general...
Crash Course Part II: Tips and Common Mistakes to Avoid
Prior to actually auditing books/records, there are important steps to ensure a successful audit. This section of the Crash Course will...
Crash Course Part I: Underpayments and What to be Aware of
Without years of professional expertise, conducting a royalty audit or participation audit can appear daunting. This article will provide...
Impacts of Advancing Technology on Accounting and Auditing
Similar to many fields including transportation, artificial intelligence and film-making, the auditing industry has been revolutionized...
What kinds of mistakes are there while auditing?
Q. What kinds of mistakes are there while auditing? A. There are two or three categories of underpayments—claims which we call them. One...
Common Questions about Franchising Answered
Q. What type of financial information should franchisors get from their franchisees? A. Nowadays, the franchisees all have a POS, point...
Cannabis Industry Grows Rapidly, What This Means for Licensing
Increased legalization of recreational cannabis is projected to fuel skyrocketing growth rates of the US cannabis industry. According to...
The Impact of Media Streaming and Downloading
There’s no doubt that audio and video streaming has increased significantly within the past few years. Globally, the recorded music...