Full Description

Contact Hours: 1  |  CEUs: .1

A company's corporate records are one of its most important and valuable assets. Almost every employee is responsible for creating or maintaining corporate records of some kind, whether in the form of paper, computer data, microfilm, electronic mail or voice-mail. Letters, memoranda and contracts are obviously corporate records, as are things such as a desk calendar, an appointment book or an expense record.

Companies are required by law to maintain certain types of corporate records, usually for a specified period of time. The failure to retain such documents for these minimum periods can subject a company to penalties, fines or other sanctions or could put it at a serious disadvantage in litigation. Accordingly, every company should establish a Record Retention Policy to provide guidelines for maintaining complete and accurate corporate records — that is, to help employees understand what records to keep and for how long, what records to dispose of, and how to dispose of them.

Outcomes:

By completing this course you will learn:

• The importance and use of a Record Retention Policy

Assessment:

After reading the material, you'll have a chance to play an online game that presents hypothetical scenarios for you to analyze. As you answer the multiple-choice questions correctly, you'll move through the game and earn a Certificate of Completion.

Course Summary: