The Risks of Not Performing an Intellectual Property Audit

In our last post, we outlined the differences between the three main types of audits (royalty, profit participation, and contract) and examined their uses and benefits. Now we turn to the consequences of not performing sufficient audits. Essentially, audits uncover any inefficient or outdated business processes so they can be adjusted to boost revenue associated […]

New Norms For Reporting Fraud To The SEC

Written by Steven Randall, Partner, Vonya Global Prior to 2013, the Securities and Exchange Commission (SEC) had permitted companies in fraud cases to settle without admitting to any wrongdoing; this meant that even in serious cases of accounting fraud, companies could simply walk away without admitting their malfeasance despite the loss of millions on the […]

Fraud Prevention for Venture Capital and Private Equity

Written by Steven Randall, Partner, Vonya Global It happens all the time, human capital / resource constraints at start-ups and small to medium sized companies limit the ability to have a robust accounting and finance staff. In most cases one person is typically responsible for many tasks. When these tasks overlap, like: reviewing and paying […]