Product Key Features
Number of Pages224 Pages
Publication NameUnclaimed Property : a Reporting Process and Audit Survival Guide
LanguageEnglish
SubjectReal Estate, Accounting / Managerial, Auditing
Publication Year2008
TypeTextbook
Subject AreaLaw, Business & Economics
AuthorTracey L. Reid
Additional Product Features
Intended AudienceScholarly & Professional
LCCN2008-017692
Reviews"The book demonstrates the need for complying with escheat laws, and can teach readers how to develop a compliance system, as well as how to survive a state audit." ( Accounting Today , January 26th, 2009), Unclaimed Property: A Reporting Process and Audit Survival Guide should be in every business library. Written, by Tracey Reid, an unclaimed property expert, this book makes an almost unintelligible process, that of unclaimed property, understandable to the average business person. And as Reid explains, unclaimed property has become the darling to state legislators looking to balance their budgets. Whether your company has never filed and is wondering how to get started or, heaven forbid, the auditors are standing on your doorstep or you've been filing for years and want to make sure you are doing it correctly, this is one book you should not miss." -Mary Schaeffer Publisher & Editorial Director Accounts Payable Now & Tomorrow Author Controller & CFO's Guide to Accounts Payable + 15 other business books"I've been in search of good resource material on abandoned property. This book presents the information without a lot of legal lingo in an organized and easily read format." -Marie Misterka, VP Accounts Payable Manager BNP Paribas RCC, Inc.
Dewey Edition22
IllustratedYes
Dewey Decimal346.7304/7
SynopsisDoes MY company have unclaimed property reportable to any state unclaimed property office? All companies have unclaimed property. If your company writes checks, issues gift certificates or gift cards, presents employee expense reimbursement checks or issues vendor credits, congratulations'?you have unclaimed property! While unclaimed property laws have been on the books in all states for many years, only in the past decade have those laws really been enforced against businesses outside of the banking industry. This practical guide breaks the process down into manageable steps that you can either handle on your own or with the help of a professional in the field. Unclaimed Property: A Reporting Process and Audit Survival Guide shows you what to do, whether: A former employee comes looking for their "lost" paycheck Your internal auditor questions how you handle outstanding checks A state administrator requests information on your companys unreported unclaimed property Unclaimed property compliance can become just another process in your company rather than a ticking time bomb buried in your financials, ready to detonate upon audit. A thorough introduction to every aspect of unclaimed property laws, Unclaimed Property: A Reporting Process and Audit Survival Guide will help you understand what unclaimed property is, how the escheat laws apply to your particular circumstance and how to bring your enterprise into compliance with the least amount of manpower and cash outlay possible., Provides the fundamentals of unclaimed property laws and explains how they affect a company s bottom line. For the seasoned professional who has a system in place for reporting unclaimed property, this book will provide a check-up to find areas that need improvement., Unclaimed Property: A Reporting Process and Audit Survival Guide breaks the unclaimed property process down into manageable steps that you can either handle on your own or with the help of a professional in the field. Author Tracey Reid presents a thorough introduction to every aspect of unclaimed property laws, clarifying what unclaimed property is, how the escheat laws apply to your particular circumstance, and how you can bring your enterprise into compliance with the least amount of manpower and cash outlay possible.
LC Classification NumberKF562.R45 2008