Vendor, royalty & revenue-share verification
A third-party audit independently verifies that a vendor, partner, or licensee reported and paid what the contract requires.
If a vendor, partner, or licensee reports the numbers you rely on, get an independent read on whether those numbers match the contract. We verify the figures and quantify the gap.
via Clutch
“We were impressed with their ability to look at our overall financial and tax needs from several different angles. They helped us prepare our taxes on time, identified opportunities to improve our payroll process efficiency, and confirmed the accuracy of our books.”
Christopher Kilpatrick
President, Insurance Agency · Fort Lauderdale, FL
Why Third-Party Audits Matter
Modern businesses run on partner-driven ecosystems: revenue-sharing, licensing, vendor contracts, and outsourced operations. Each third party runs its own systems and reporting, which may not align perfectly with the contract.
Even in good faith, differences in interpretation, system limits, or reporting errors create discrepancies in payments and performance metrics. These gaps rarely show in your own financials. They surface only on an independent review.
Who a third-party audit is for
A good fit if you:
- Receive royalties, revenue-share, or rebates reported by someone else.
- Rely on vendor or service-provider billing at scale.
- License your brand, IP, or products to others.
- Run franchise or distribution arrangements.
- Suspect a partner's reporting has drifted from the agreement.
Whether it is one major counterparty or a portfolio of them, the engagement is scoped to where the financial risk sits.
Where reporting breaks down
Where third-party reporting breaks down
Inaccurate Revenue Reporting
Underreported or misclassified revenue that drives royalties, commissions, and profit-share.
Misapplied Contract Terms
Tiered pricing, volume thresholds, or rebates not applied consistently.
Billing Discrepancies
Duplicate charges, unapproved expenses, or misallocated pass-through costs.
Reporting Delays and Gaps
Incomplete submissions, especially across multiple systems or subsidiaries.
Weak Audit Trails
Documentation gaps that make reported figures hard to validate.
Talk to a CPA about a partner's reporting
If an outside party's numbers drive real money, reach out.
We will tell you where the exposure sits and what it takes to verify or recover it. No obligation, and you deal directly with a professional.
What we review
What a third-party audit reviews
Revenue and Expense Reporting
Accuracy of what the third party reports.
Pricing, Rebates, and Fees
Tested against the contract terms.
Royalty and Commission Calculations
Confirmed against the agreement and closely related to our contract compliance work.
Transaction-Level Support
The records behind the reported totals.
Cost Allocation Methods
How shared costs are passed through.
Reconciliation
Internal records against third-party records.
How it works
How our third-party audit process works
- 01Step 1
Engagement Scoping
We define objectives, key contract terms, and financial exposure areas.
- 02Step 2
Contract and Data Review
We analyze the agreement and collect relevant data from the third party.
- 03Step 3
Reconciliation and Testing
We compare reported figures against source data and contractual requirements.
- 04Step 4
Discrepancy Analysis
We identify variances, quantify impact, and assess root causes.
- 05Step 5
Findings and Recommendations
We document issues, control weaknesses, and accuracy improvements.
- 06Step 6
Final Report
A structured, defensible report for management review, negotiations, or dispute resolution.
Why a CPA firm
Why a third-party audit needs a CPA firm
Contract plus numbers
Third-party work sits where contract interpretation meets transaction testing.
Independent and defensible
Documentation suitable for negotiation, a dispute, or regulatory use.
Peer-reviewed work
We are an AICPA peer-reviewed firm, so the review you receive has itself been reviewed.
Recovery, not just findings
The review that confirms accuracy often recovers underpayments and missed entitlements.
Why choose Dimov Audit
Why organizations choose Dimov Audit
Contract interpretation paired with transaction testing, documentation built to support negotiation or dispute, and recovery work that pays for itself when discrepancies surface.
500+
audit and attestation engagements
50
states served, nationwide coverage
AICPA
peer-reviewed firm
CPA
independent, recovery-driven verification
Scoping
What drives the cost of a third-party audit
Third-party audit work is priced by the engagement, not a flat rate.
We size the work against your situation and give you a clear quote before you commit.
Contact
Connect with Dimov Audit
Our dedicated team is ready to assist you on your path to financial success.
211 E 43rd St Suite 628
New York, NY 10017
United States
Third-party audit FAQs
Are your financials audit-ready?
Are Your Financials Audit-Ready?
At Dimov Audit, we pride ourselves in quick communication, accurate work, and seamless delivery.