ONESOURCE UNCLAIMED PROPERTY - UNITED STATES

Audit Advocacy and Assistance

Effective audit assistance can significantly impact your total audit cost, and reduce disruption to your team. We can help you:

  • Prepare responses to information requests
  • Review all documents before they are provided to the auditor
  • Prepare necessary audit schedules, organize related supporting documentation
  • Develop a proposed or alternative method to determine the range of potential exposure
  • Assist with negotiations with state unclaimed property personnel
  • Provide strategic advice throughout the audit process, including negotiation of closing agreements / indemnification at the end of the audit

 

Clients often ask us what approach to take when contacted for audit. In most situations, the proactive audit support approach yields better results and more value than the reactive audit support approach. However, we can work either "front and center - proactive" or "back office - reactive" as deemed appropriate for your company.

Contact the ONESOURCE Unclaimed Property team at Thomson Reuters today to see which approach for audit support best suits your needs!