New media, film & television
Review the reporting of participation and contingent compensation.
- Review of studio accounting
- Tests of revenue and expenses
- Participation-statement tracking
- Coordinated resolution and expert support
Trace each agreement down to the numbers.
Independent review of participation, royalty, licensing and payroll reporting on behalf of artists, rights holders and their advisors.
See the workHolding to the deal
Clarity at the point where contracts meet accounting.
A complicated agreement produces value only when the reporting behind it is complete and the calculations track the deal itself. We tie contract terms back to detailed financial records.
We work alongside attorneys, managers, business advisors, rights holders and organizations that want an accurate picture of what has been reported, credited and paid.
The capabilities
Specialist attention at every stage.
Music, publishing & royalties
Check statements against the royalty terms of the contract.
- Review of label and publisher accounting
- Analysis of royalties and underpayments
- Tests of distributions and profit shares
- Review of catalog and special licenses
Licensing & merchandising
Verify that licensed activity is accurately reported and paid.
- Royalty examinations of licensees
- Support with interpreting agreements
- Tests of sales and deductions
- Analysis supporting settlement
Benefit & payroll compliance
Review obligations that attach to covered work and revenue streams.
- Examinations of payroll contributions
- Tests of residuals and gross receipts
- Assessment of internal controls
- Analysis of delinquencies and settlements
X&Perspective
An audit converts the language of an agreement into a financial record that has been tested.
The way we work
Defined roles. Connected decisions.
Identify
Link contractual rights to the records that ought to support them.
Quantify
Measure the differences in reporting and their financial impact.
Resolve
Provide advisors with clear analysis to guide collection and settlement decisions.