It's About the Money: Royalty Audit Lessons on Financial Compliance Do's and Don'ts

January 21, 2021

It's About the Money: Royalty Audit Lessons on Financial Compliance Do's and Don'ts

Royalty auditors see it all. Using our experience in the field, Invotex will share compliance tips to help maximize your license financial returns and avoid common pitfalls. We will also explain what a license royalty audit is, why they are so important, and how to determine when a royalty audit is warranted.

Brief Profile of Invotex

Invotex assists intellectual property owners with a full range of financial IP advisory services, including royalty audits and license compliance. Over the past 20-plus years, our audits have garnered a success rate of uncovering underreported royalties on 86% of the audits we have conducted. Invotex is known for the ability to uncover large underpayments while preserving the licensor-licensee relationship.

Brief Profiles of Presenters

Kristen A. Reilly, CPA – Director with Invotex. Ms. Reilly has more than 21 years of business management, financial analysis, accounting, and auditing experience. She now specializes in royalty audits and royalty compliance consulting. Her intellectual property experience spans a range of industries including cell phone technology, computer graphics, pharmaceuticals, biotechnology, and consumer goods.
Megan E. Nelson, CPA – Director with Invotex. Ms. Nelson is a Certified Public Accountant with experience providing a variety of consulting services including fraud investigations and royalty audits. She has focused her work on patent and trademark royalty audits over the past seven years where she is known for her impressive financial analysis and investigative skills.

Meeting number (access code): 623 329 789

Meeting password: OTTConA

WebEx link:

Join by phone: 1-650-479-3208 Call-in toll number (US/Canada)