Publisher's Synopsis
All businesses need to keep certain records for legal and commercial reasons. The difficulty lies in knowing which documents must be kept and for how long.;Building on the success of the ICSA's "A Short Guide to the Retention of Documents", this updated and enhanced guide provides an overview of the law and best practice relating to the retention and storage of key business documentation. The guide outlines the main principles that should be applied when framing a retention (and disposal) policy for such documentation. It suggests minimum retention periods for different types of documents based on best practice and, where applicable, the minimum retention periods required by law.;Details of the legal background and the development of an appropriate retention policy are accompanied by a comprehensive look at the practicalities of retrieval and storage systems, with particular emphasis on the range of electronic storage methods and systems now available. The commentary is accompanied by a detailed schedule of retention periods, with legal and best practice references where relevant.
