Royalty Accounting

This section features content from prior issues of Royalty Accounting Newsletter.

Balance Sheet Accounts – Offers a summary of the general ledger accounts required for tracking royalty related assets and liabilities.

Evaluating Royalty Operations – Presents the ten questions we ask when reviewing a client’s royalty accounting operations.

Management Reports – An sample management report for a royalty software’s reported expenses, liabilities and operations.

Rights Income Accounting – How to report rights income in your financial statements.

Royalty Contract Audits – Outlines the procedure for auditing royalty contracts.

Royalty Accounting for Royalty Reserves – How to account for reserves withheld from royalty earnings.

Royalty Accounting Book Review – A review of the only book focused on royalty accounting for royalty expenses and royalty income.

Royalty Audit Issues – A review of a CPA’s major concerns when auditing royalty related activity and balances