Unclaimed Property…Bottom line, it’s the law. Companies holding unclaimed property are coming under increased risk of penalties and interest if non-compliant. The session will discuss foundational responsibilities, potential audit triggers, and ways to come into compliance if liabilities are uncovered (voluntary disclosure agreements). We will share insights on what’s going on in the industry, ways to become compliant, and provide best practice strategies.
This session is valuable to novices and those looking to expand their skills with managing unclaimed property compliance. Heather will deliver information to help attendees gain a better understanding of what unclaimed property is, why it is important and risks that could be faced for non-compliance. Tools and strategies will be discussed that aid an organization to identify gaps in their compliance program and improve procedures.