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Record Retention Policy:
Revised October 31, 2017,
This Record Retention Policy of the Washington Association of Accounting and Tax
Professionals (WA ATP) identifies the record retention responsibilities
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What is record retention policy?
Record retention policy is a set of guidelines and procedures for the management and preservation of records within an organization.
Who is required to file record retention policy?
Organizations in certain industries may be required by law to have a record retention policy in place.
How to fill out record retention policy?
To fill out a record retention policy, organizations should outline the types of records that will be kept, how long they will be retained, and how they will be disposed of.
What is the purpose of record retention policy?
The purpose of a record retention policy is to ensure that important records are retained for the necessary time period and are disposed of properly.
What information must be reported on record retention policy?
A record retention policy should include details on the types of records that will be retained, the retention period for each type of record, and the procedures for record disposal.
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