Unclaimed Property Reporting: Policies and Procedures
Audit Resource Group
With the passage of Sarbanes-Oxley (SOX), management is required by Section 404 to
certify internal controls are in place and functioning properly, including controls for
unclaimed property. The states are identifying unclaimed property as an area
vulnerable to fraud and reviewing organizations' internal controls in their audits.
Audit Resource Group evaluates an organization's policies and procedures, documents
processes as needed, and provides recommendations for improvement. We help
organizations achieve greater efficiencies, increase corporate-wide compliance, and
strengthen fraud deterrence.
Where few written policies and procedures are in place, we can craft an escheat
manual for staff and management.
Call us today at (206) 402-2733 to discuss Unclaimed Property processes and
procedures for your organization. We would be happy to review your current methods
or create a manual specific to your requirements.