Navigating California’s reporting rules.
Businesses holding property owed to others are required under the California Code of Civil Procedure to review records annually, perform due diligence, and file unclaimed property reports with the State Controller’s Office. Barber Weisbruch assists entities in understanding these obligations, ensuring timely reporting, accurate remittance, and minimized audit exposure.
Reporting isn’t optional. It’s the law.
California law requires certain businesses, known as “holders” or mandated reporters, to review their books annually, identify reportable property, and submit unclaimed property reports to the State Controller’s Office. Non‑compliance can lead to audits, penalties, and reputational risk. Barber Weisbruch helps organizations meet these obligations with accuracy, timeliness, and confidence.
$10B+
State Reportable Property
100K+
Annual Reports Filed
82%
Audits Resulting in Penalty
In California, reporting isn’t just a duty—it’s a legal mandate with real financial consequences.
