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Wednesday, July 11
3:00 - 4:00pm eastern

Escheatment: What Every Credit Manager Needs to Know
Presenter: Valerie Jundt

Description:
Every state has enacted some version of an unclaimed property law and many of these laws have been in effect since the early 1900s. However, there are still many companies who are unfamiliar with the law and struggle with how best to implement internal controls and reporting procedures in an effort to comply with the various state unclaimed property laws. With an emphasis on compliance with Sarbanes-Oxley regulations, your company can’t afford not to be in compliance. This seminar will provide a foundation and a greater understanding relating to the purpose of the laws, what every company and credit manager needs to know, and to understand the consequences if found not to be in compliance. We will also provide a summary of proactive measures to achieve internal suggested practices in an effort to achieve compliance. You won't want to miss this seminar!

** We will also provide an update on the latest legislative and legal issues involving state regulations, in particular California's most recent and exciting court mandate.

Bio:
Valerie M. Jundt is a Senior Manager and the National Senior Manager of State Relations for the Unclaimed Property Services Group at Deloitte & Touche LLP.  Val is associated with the Minneapolis office but her duties are national in scope.  Her responsibilities include serving as a national liaison for state/corporate relations, marketing and practice development.  Val has over twenty years of unclaimed property experience in government and at Deloitte & Touche LLP.  She works closely with clients and states in resolving compliance issues arising from state audits, voluntary compliance initiatives, enforcement actions and law changes.  Prior to joining Deloitte, Val served as the Executive Director for the National Association of Unclaimed Property Administrators (NAUPA) and in that capacity was designated as the primary full-time executive for the Association, which involved public relations for the states with the media.  She was also instrumental in the creation of the NAUPA Website, Newsletter and Quick Reference packet.  Val is the former Administrator for the State of North Dakota Unclaimed Property Program. She managed the administration and enforcement of the North Dakota Unclaimed Property Act, initiated legislation, and testified before various legislative committee hearings on the subject of unclaimed property. Val received a "Presidential Distinguished Service Award: for her contributions to NAUPA both in 1989 and 1996.  She is often a featured speaker for holder education seminars and has been actively involved in the Unclaimed Property Holders Council since 2001.  Val received the 2004 "Team Player Award" as a result of her efforts with UPHLC.Valerie is a co-author to the BNA Treatise on Unclaimed Property that was released in May 2006.  She has also been quoted in a number of national publications including Money Magazine, Redbook, Women's World, Good Housekeeping, and Readers Digest. Valerie has been interviewed for feature stories which aired on various statewide and local television programs including: Dateline NBC, CNN, Fox News, NBC Nightly News, EXTRA and Wallstreet Journal Reports. Val is a graduate of Bismarck State College and recently completed the Essentials of Management and Leadership Series from Harvard Business School Publishing.  Val is an Associate Member of the Association of Certified Fraud Examiners.

 



 

 

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