Records Retention – Do We Need to Keep Everything?

Today, businesses and organizations have the ability to save every record (emails, reports, spreadsheets, electronic data). Should they? There's a cost to record retention and it must be balanced with the need for those records to be available, secure and privacy protected. A records retention strategy should be on every organizations and businesses agenda. For more information on developing a records retention strategy, go to the American Institute of CPAs at www.aicpa.org.