Better, Stronger and Recouping Faster: The Super Powers of the Audit

There are few rights in any contract that have the power, the might, or the righteousness of the audit. It has the power to expose human errors, bad business practices, and outdated customs. It can accelerate income, facilitate communication, and expose systemic problems. Audits are essential to good business hygiene and to getting artists paid what they are due, but they are especially important if you are contemplating an asset sale and want to maximize a catalog’s valuation. This roundtable discussion will include when and how to initiate an audit, what to expect during the process, and how you can ensure you are harnessing its full potential to improve your business and its bottom line.