Royalty and Contract Audits

During the course of the last ten years, the principals of Global Royalty Audits, Inc. ("GRA") have managed and performed hundreds of royalty examinations around the world, including Asia, Europe, North America and the Middle East. GRA's client list includes non-profit entities to Fortune 500 companies covering numerous industries from aerospace to telecommunications.

As a result of our experience and expertise, we have uncovered and assisted licensors in collecting tens of millions of dollars in unpaid royalties. These specialized skills which set us apart from other royalty and financial auditors include:

  • Management with a J.D. degree;
  • Management and staff with Chartered and Certified Public Accountancy designations;
  • Years of practical experience drafting and negotiating license agreements; and
  • Over 20 years combined experience analyzing and interpreting complex license arrangements.
  • Over 20 years combined experience performing royalty audits around the world.

Our principals' extensive experience provides exposure to most, if not all, of the typical errors that lead to the underpayment of royalties. Some of these errors include unrecognized licensed product and foreign subsidiary sales, overstated and unauthorized deductions, erroneous application of the royalty calculation provisions and misinterpretation of the underlying agreements. It is this experience that has allowed our principals to quickly identify issues resulting in hundreds of successful royalty examinations.

Please click on the desired industry below for a list of some of the more recent successful audits performed by GRA's principals over the last couple of years:

If you have any questions or require further details of our services, please do not hesitate to contact us for an initial consultation without charge or obligation.