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ARTICLE · 22 DECEMBER 2016

How Long Does It Take To Resolve A BSA Audit?

Receiving a BSA audit letter demanding that a company perform an internal audit or face potential litigation usually results in disruption of normal business activities.

United StatesAccounting and Audit

Receiving a BSA audit letter demanding that a company perform an internal audit or face potential litigation usually results in disruption of normal business activities. The time it can take to resolve a BSA audit matter can depend on a few factors:

1. Number of software installations

The BSA requests an audit of all software installations on the company network, not solely the software installations identified in the audit letter. A smaller company that uses a small number of software products can likely perform a complete audit process easier than a company that has a multitude of products across multiple organizations.

2. Complexity of the network

Network scanning is one of the processes used to identify software installations. Companies with one office are usually easier to scan than companies with multiple offices. Further, companies that use field employees who work remotely and are not always connected to the network can add time and trouble to

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