Revenue Audit.Top-line audits for licensors, royalty agreements, and concession contracts.

Why this matters

Revenue audit is independent verification of the top line, usually for the benefit of a counterparty whose payment depends on it. Concession contracts, franchise agreements, hotel-management contracts, and shared-revenue arrangements drive the demand. We work to the contract's revenue definition, not the financial-statement revenue definition; the two are often not the same.

What's inside

5 engagements under Revenue Audit, each with a dedicated page. Click any for the full brief.

Revenue Definition Reconciliation

Contractual revenue (gross, net of discounts, net of taxes, inclusive or exclusive of service charge) is first reconciled to financial-statement revenue.

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Point-of-Sale and System Testing

Where revenue is captured through POS, we test discount overrides, manager voids, no-sale activity, and shift cash-reconciliations.

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Cut-Off and Completeness

Period-end cut-off, revenue recognised over time versus at a point in time under IFRS 15, deferred revenue release, and unbilled receivable reconciliation.

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Currency, Tax, and Service-Charge Treatment

Functional versus presentation currency, VAT inclusivity, and how service charge is split between revenue and a tronc-like distribution all affect the royalty base and the answer…

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Findings and Recovery Calculation

Where reported revenue differs from audited revenue, the resulting under- or over-payment is calculated and reported.

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