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 a crash course on the most important things you should know to recover your clients’ unpaid monies and reduce exposure. In order to manage compliance, clients generally have a team of professionals consisting of attorneys (to negotiate fees, installments, deferments, and back-end calculations), a business manager, an agent, a manager, and a