GARP - The Principle of Retention

Proper Records Retention Minimizes Risk & CostThe sixth Generally Accepted Recordkeeping Principle deals with Retention.  ARMA’s guidelines, found in the download section of this website, state:  “An organization shall maintain its records and information for an appropriate time, taking into account legal, regulatory, fiscal, operational, and historical requirements.”

It is vitally important to know what records you have, how long to keep them, and when to get rid of them. 

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GARP - The Principle of Availability

Access to the Right Information at the Right TimeThe fifth Generally Accepted Recordkeeping Principle deals with Availability.  ARMA’s guidelines, found in our download section, state:  “An organization shall maintain records in a manner that ensures timely, efficient, and accurate retrieval of needed information.”

The records an organization keeps are only as good as they are available.  A misplaced, misfiled, or lost record is about as useful as never having the information in the first place. 

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The Internet Archive Stores Paper Records

Okanagan Businesses Need To Manage Records, Just Like The Internet ArchiveThe Internet Archive, a project dedicated to scanning a copy of every book in the world, has announced that it is also dedicated to preserving a copy of every book scanned in long term storage.

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Thompson Okanagan Economy Growing

Okanagan Business Is GrowingA news report by the Chartered Accountants of BC confirms that the economy in the Okanagan and Thompson Valleys is growing.

“The numbers for 2010 are cautiously optimistic,” said Jeff Omland, CA, partner with Omland Heal Chartered Accountants in Penticton.

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Paper Storage vs Scanning: A Cost Analysis

Okanagan Business Managers Look to CanDox For Cost-Effective Document Storage SolutionsManagers of businesses in Okanagan cities like Kamloops, Vernon and Kelowna are always looking for better ways to to store their paper records. One of the choices they face is storing paper records in bankers boxes, or scanning the records into a digital format and then shredding them.

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