Situation: A financial statement review revealed that an auto dealership’s primary bank reconciliation included uncashed checks dating back several years.

Solution: Tronconi Segarra & Associates helped address the due diligence needed to determine which checks should be voided, reissued, or remitted to New York State as unclaimed funds.

Impact: We assisted the client by helping to alleviate a compliance bottleneck which allowed the dealership’s business office to remain focused on daily operations.