Description
Understand the basics of records retention and the process for developing a successful implementation strategy.Organizations maintain a large amount of recorded information to support their general business activities, including accounting, tax, legal, human resources, marketing, sales, public affairs, etc., and their special industry activities, including financial services, manufacturing, power, pharmaceuticals, retail, and a host of other industries. Complicating the development of a records retention program, companies must comply with a myriad of state and federal laws, perhaps even international requirements. How does a company determine the retention requirements for its records and implement a legally compliant and functional records retention program? This course will review the basics of records retention, reasons to establish a retention program, types of records maintained by most companies, the scope and nature of the legal research for retention, the stepbystep process for developing a program, and successful implementation strategies.
Date: 2022-03-23 Start Time: End Time:
Learning Objectives
Introduction to Records Retention
• What This Webinar Will Cover
• Why Records Retention Is Hot Today
• What Is a Record?
• What Is Records Retention?
• The Consequences of Improperly Destroying Records or Not Destroying Them at All
How to Determine Records Retention Periods
• Record Values
• Retention Period Factors
• Which Laws Affect the Retention Periods
Developing the Records Retention Program
• Steps in Developing a Records Retention Program
• Records Retention Procedures Including Legal Holds
• Destruction of Records
Records Retention for Tax Records
• What Laws Affect the Retention of Tax and Accounting Records?
• How to Determine the Retention for Your Tax Records
• How to Handle Retention During Tax Audits
Records Retention for Selected Records
• Contracts
• Personnel Files
• Industry-Specific Requirements
Records Retention for Electronic Records
• Introduction to Managing and Retaining Electronic Records
• Electronic Document Management Systems (EDMS)
• Apply Retention to Electronic Records
Records Retention for Electronic Mail
• Introduction to Email
• Goals of an Email Retention Program
• Components of an Email Retention Program
AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Donald S. Skupsky, J.D., CRM, FAI, MIT-Information Requirements Clearinghouse
