Agreed-Upon Procedures·Engagement 02 of 06
Royalty and Licence-Fee Verification
Where a contract obliges one party to report royalty-bearing revenue to another, we verify the reported numbers against underlying revenue records, currency conversion, and the contractual definition of royalty-bearing revenue.
What we do
Where a contract obliges one party to report royalty-bearing revenue to another, we verify the reported numbers against underlying revenue records, currency conversion, and the contractual definition of royalty-bearing revenue. Common cause of dispute, rarely written tightly enough in the underlying contract.
Other engagements under Agreed-Upon Procedures