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Illinois Revised Uniform Unclaimed Property Act

BDO Free CPE Webinars

March 7 @ 2:00 pm 3:30 pm EST

Free 1.5 CPE credits

The state of Illinois unclaimed property program under the new Revised Uniform Unclaimed Property Act is a little over 6 years old, with various adjustments and changes that have transpired since its inception. This webcast will provide an overview of the program, followed by a discussion of compliance requirements, voluntary disclosure, self-audit, and audit practices, along with best practices for escheatment. 

Representatives from the Illinois State Treasurer’s Office will also provide an update on its reimbursement efforts and overall compliance expectations. Join BDO, HMB Law, and Illinois State Treasurer’s Office for this important CPE-qualified webcast.

Delivery: This webcast will be delivered via the BDO Online CPE Network

Prerequisites: None

Advanced Prep: None

Program Level: Basic

Learning Objectives:

  • Explain the essential components of the Illinois unclaimed property program, including what qualifies as unclaimed property and dormancy periods.
  • List specific steps involved in the unclaimed property compliance process.
  • Describe the state’s unclaimed property self-audit program.
  • Recall state reimbursement practices and best practices for overall compliance.

BDO USA, P.C., is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

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