
With over three decades of experience in contract compliance matters relating to licensing, joint venture and other contractual arrangements, we offer a team of accountants and lawyers with strong forensic accounting skills and a broad range of industry experience serving clients around the world. Our clients span a wide range of industries including aerospace, agriculture, applied materials, bio-technical/medical devices, consumer products (including toys and textiles), hardware, pharmaceutical, publishing/authors, software and telecommunications.
We assist our clients in a full range of licensing and royalty collection challenges including:
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| Underreporting | Percentage of Audits | Issues |
|---|---|---|
| Greater than 100% | 15% | Severe understatement; often tied to sublicensing, SKU churn, or bundled pricing |
| 51% to 100% | 25% | Major understatement; misallocation of costs, related‑party transfers, milestone timing |
| 21% to 50% | 29% | Moderate understatement; incomplete product capture, discount/return treatment |
| 0% to 20% | 30% | Minor understatement; clerical errors, late reporting |
| No Underreporting | 1% |

With offices in the United States and Canada, an affiliate in Japan, and professional relationships with highly qualified and proven forensic accountants who assist GRA with the language and cultural challenges associated with foreign audits, we are truly an international practice with a proven track record of successful royalty audits throughout the world.
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.