Unclaimed Property: Audits by Free Filing Services May Not Be in Your Best Interest
September, 2003
With the November 1 date looming, accounts payable professionals must once again turn their attention to the tough task of identifying unclaimed property and then go through the process of turning it over to the appropriate state. To help readers with this job, MAP has reviewed changes in legislation over the last year, as well as investigated the growth in the outsourcing of this function. As you’ll see, while using a consultant for this tricky function makes a lot of sense, it must be done with care. If not handled correctly, your company could end up paying a fortune—even though it has hired an expert.
2009
