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The term "audit" means a royalty compliance examination to verify the accuracy of royalty payments, or the conduct of such an examination, as applicable.
While the Federal Deposit Insurance Corporation came in for praise by the Senate panel for setting up a separate consumer compliance examination force to police its banks, the Office of the Comptroller of the Currency was accused of making little progress in discouraging and detecting lending discrimination.
Checking the evidence is called a "royalty compliance examination" or an "audit".
Similar(57)
But computers are not yet conducting compliance examinations on their own.
Mr. Corker said Mr. Dodd had agreed that the agency would not be able to conduct its own compliance examinations, as consumer advocates have urged.
For high-risk jurisdictions like India, the need for periodic, focused on-site FCPA compliance examinations should be explored.
Royalty compliance examinations are a science of knowing where to look, knowing when you're being lied to, and having the means to hold feet to the fire.
The reason that a digital service traditionally wants a CPA requirement is that (1) it is usually more expensive (unnecessarily so), and most importantly (2) very few CPAs do royalty compliance examinations of digital services so the service is likely to be audited by someone who doesn't know where-or how-to look.
In the MRI license Pandora has dropped many of the restrictions on royalty compliance examinations (commonly called "audits") that it tried to get the Copyright Royalty Judges rate court to impose on artists and record companies through the compulsory sound recording statutory license.
When this latter position could not be maintained, due to critical clinical conditions or poor compliance, the examination was performed in the supine or semi-recumbent position.
Compliance with the examination program is excellent for two reasons.
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