CONTENTS

	What this module is about

	An IP audit - keeping track of your IP

	The importance of conducting an IP audit

	Start with a preliminary audit

	Checklist: identifying your IP

	When to do an IP audit

	How far the audit should go

	Scope of due diligence

	Scrutinising IP rights in computer software

	Questions for your adviser

	Summary of key concepts

	Proforma Asset Register

Conducting an IP Audit

	What this module is about
	Brief Overview

	An IP audit - keeping track of your IP
	Nearly all companies own some form of IP that is important to their operations and ongoing success.

	The importance of conducting an IP audit
	An IP audit is a systematic review of the IP owned, used or acquired by a company.

	Start with a preliminary audit
	If you have not conducted an IP audit before, now is a good time to start.

	Checklist: identifying your IP
	Be systematic in identifying your IP and do not be too conservative about the time and resources you allocate to doing the job thoroughly.

	When to do an IP audit
	All viable businesses seek to preserve and generate increasing returns on their assets.

	How far the audit should go
	Depending on its purpose, an IP audit may be narrow in scope, or extensive and rigorous.

	Scope of due diligence
	The target is a financial services company with a strong technology platform supporting its business operations.

	Scrutinising IP rights in computer software
	Activities undertaken during the audit.

	Questions for your adviser
	How comprehensive does an audit really have to be?

	Summary of key concepts
	Important information to take away from this module.

	Proforma Asset Register
	Download a Proforma Asset Register in PDF format.