What is a royalty audit? - Licensing Executives Society USA and ...
What is a royalty audit? - Licensing Executives Society USA and ...
What is a royalty audit? - Licensing Executives Society USA and ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
H<strong>is</strong>torical Stat<strong>is</strong>tics<br />
Underreported Royalties as a Percent of Reported Royalties<br />
81% Underreported – 19% Reported Accurately<br />
19%<br />
Properly<br />
Correctly Properly<br />
Reported Reported Reported<br />
Over 100%<br />
Over 100%<br />
27%<br />
underreported royalties<br />
owed by more than 100%<br />
of the total amount<br />
rep orted.<br />
19%<br />
underreported<br />
ro yalties owed b y<br />
1-5% of the total<br />
am ount<br />
repo rted.<br />
81%<br />
Incorrectly<br />
Reported<br />
25-49%<br />
50-99% 50-99%<br />
10%<br />
underreported<br />
ro yalties owed by<br />
25-49% of the total<br />
amount reported.<br />
3%<br />
underreported<br />
royalties owed by<br />
50-99% of the total<br />
amount reported.<br />
8%<br />
underreported<br />
royalties owed<br />
by 6-10% of the total<br />
amount repo rted.<br />
18<br />
14%<br />
underreported<br />
royalties owed by<br />
11-24% of the total<br />
amount reported.
Change language