Frequently Asked Questions
How or why did I get selected for audit?
There could be many reasons for this. Some states consistently compare their Secretary of State licensing rolls with an unclaimed property compliance database; appearing on the former and not the latter may present an ideal audit candidate. Third party audit firms are fiscally motivated to generate and complete audits for their contract audit states, and will generally select the most attractive audit candidates to maximize their return on investment. We could go on – but the more important issue is to determine how to handle the audit once your company has been notified.
