Date and Time
Monday Jun 5, 2023
12:00 PM - 1:00 PM CDT
Monday, June 5, 2023 12-1 p.m. CDT
Are you confident that your license and royalty agreements are in compliance? It’s been found that 75% - 85% of licensees have errors in their royalty reporting and 89% of license agreements are underpaid. It is important that your revenue calculations are regularly examined to ensure consistency with your agreements and to check for completeness and accuracy. A license and royalty audit can provide that assurance. Join us for our webinar to discuss the benefits and process of a license, royalty, and franchise audit. Learning Objectives: Define key license and royalty compliance terms. Discuss each audit type: license, royalty, and franchise. Identify the key benefits of a license, royalty, and franchise audit. Examine the compliance process. Explore data and reporting solutions. Differentiate the data analytics component of the compliance process. Presenters: Eric Pulse, CISA, CISM, CRISC, CCSFP, CFSA, Principal/Risk Advisory Practice Leader | Eide Bailly Eric specializes in providing information technology, risk advisory and cybersecurity consulting services to a variety of industries, including healthcare, insurance, banking, credit unions, retail, manufacturing and governments. He advises Eide Bailly clients on how to keep their valuable data secure in a world of increasingly sophisticated cyber threats. With his many years of experience, Eric has become a true thought leader in the culture of risk, control and cybersecurity. Audrey Donovan, CIA, CGAP, CRMA, Senior Manager | Eide Bailly Audrey has 25 years of experience in internal audit, performance/operational audit and financial consulting for both the public and private sectors and serves as the firmwide technical resource for internal and performance audit. Audrey also utilizes her vast experience in Risk Advisory Services to work closely with Eide Bailly’s Special Advisory and Risk Advisory Services, such as fraud and forensic, information technology, and quality assurance review. She has managed and performed hundreds of operational and performance audits and utilized various performance audit methodologies, including benchmarking, surveys, data analytics, social impact analysis and facilitated sessions. Ed Soriano, Senior Manager | Eide Bailly Ed has over 30 years of experience working with intellectual property management, new business development and sales in the private sector within multiple industries. His experience includes senior level positions in telecommunications, digital identity, aerospace, food manufacturing, regulated gaming, industrial manufacturing in power, renewables, aviation and healthcare. He has spent the majority of his career focusing on strategic intellectual property development, and the commercialization and monetization of patents, technology and trademarks. Prior to joining Eide Bailly earlier this year, Ed was Vice President of Licensing with GE Ventures. Ed is a seasoned IP professional with proven successful results and is looking forward to providing Eide Bailly customers with additional services in IP licensing & royalty audits. Matthew Youngman, Business Development Director | Eide Bailly Matt is a Business Development Director with more than 25 years of public accounting and commercial experience. His past ventures include senior positions with Amazon, Petco, and Charlotte Russe. As a finance manager at Amazon, Matt oversaw all aspects of the pricing model, accounting and customer service for the marketplace, merchants, and payments platforms. Marketplace has grown in annual revenues for Amazon to over $150 billion. In addition, Matt has held senior finance and account positions for numerous publicly held companies and is familiar with all aspects of filing requirements for such entities. He has been involved in 10+ corporate transactions during his career and specializes in the integration aspect of Mergers & Acquisitions. Matt also has experience running a team of 50+ consultants performing interim and fractional placement positions, special projects, and outsourced accounting operations. CPE Information CPE Credit: 1 Field of Study: Specialized Knowledge Level of Knowledge: Overview Delivery Method: Group-Internet Based Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding a complaint and/or program cancellation policies, please contact Mye Collins.