With states increasingly enforcing their unclaimed property provisions and the number of state and third-party audits continuing to rise, MarketSphere has uniquely positioned itself to help you navigate the audit process and negotiate the best possible final assessment for your organization. One such way we do this is by focusing only on Unclaimed Property, not other corporate functions such as Tax and Accounts Payable. In addition to our exclusive focus, we also understand the importance of a knowledgeable staff with significant experience within the Unclaimed Property field as audits become more complex, but final outcomes more negotiable.
Once such member of this team is Director Jennifer Arias. With more than fifteen years under her belt, including eight years of diverse public accounting experience and seven years of experience in performing financial and operational audits for two major investment banking firms, Jennifer has been invaluable in the formation of our National Audit Defense Practice. Jennifer has been actively involved in delivering unclaimed property services to clients across many industries, including analyzing overall compliance with applicable unclaimed property laws, and providing audit defense services for companies undergoing multi-state contingent fee examinations. Additionally, Jennifer has assisted companies with identifying planning opportunities and helping them to achieve overall compliance with their unclaimed property reporting responsibilities.
In addition to her client engagements, Jennifer has also been very active in speaking engagements and has become a recognized though leader on unclaimed property audits, voluntary disclosures, and risk assessments and remediation. Recently, Jennifer authored a White Paper which details, amongst other things:
- The enforcement efforts by the states;
- The likelihood of getting audited;
- The audit process itself;
- The ways to decrease your audit and assessment risk; and
- The strategies your organization can use to minimize your negotiated settlement once the audit commences.
For more information regarding MarketSphere’s National Audit Defense Practice, feel free to contact Jennifer directly at (703) 620-2758. Additionally, her White Paper, for a limited time, can be accessed free of charge HERE.
