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Inside Internal Controls

News and discussion on implementing risk management

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document retention

A new age of records retention: good policy more than worth the effort

There are a number of potentially troublesome issues associated with retaining records. For example: there are storage and privacy concerns; organizations must ensure they keep records secure in accordance with relevant privacy laws. At the same time, organizations might not have considered the self-incriminating information that records might hold, and they will want to ensure they don’t keep potentially incriminating records any longer than the law requires.

 

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