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Generally Accepted Recordkeeping Principles
The Generally Accepted Recordkeeping Principles (The Principles), were created by ARMA International as a common set of principles that describe the conditions under which business records and related information should be maintained. The Principles The eight principles are designed to identify the major hallmarks of effective Information governance, but do not follow a numerical hierarchy of importance. * Principle of Accountability * Principle of Transparency * Principle of Integrity * Principle of Protection * Principle of Compliance * Principle of Availability * Principle of Retention * Principle of Disposition The list of principles can be recalled with the help of the Mnemonic "A TIP CARD" or "ACID TRAP" which serves a dual purpose as it implies the principles are tips for effective recordkeeping. ARMA International Maturity Model for Information Governance Information is one of the most vital, strategic assets organizations possess. They depend on information to develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARMA International
__NOTOC__ ARMA International (formerly the Association of Records Managers and Administrators) is a not-for-profit (charitable) membership association for information professionals, primarily information management (including records management) and information governance, and related industry practitioners and vendors. The association provides educational opportunities and educational publications covering aspects of information management broadly. Overview The Association was founded in 1955. In 1975, the Association of Records Executives and Administrators (AREA) and the American Records Management Association merged to form ARMA International. The headquarters for ARMA International is Overland Park, Kansas. ARMA International has more than 6,000 members, in over 30 countries besides its U.S. base, and more than 100 chapters. Its members include records managers, attorneys, information technology professionals, consultants, and archivists involved in various aspects of ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Records
A business record is a document (hard copy or digital) that records an "act, condition, or event" related to business. Business records include meeting minutes, memoranda, employment contracts, and accounting source documents. It must be retrievable at a later date so that the business dealings can be accurately reviewed as required. Since business is dependent upon confidence and trust, not only must the record be accurate and easily retrieved, the processes surrounding its creation and retrieval must be perceived by customers and the business community to consistently deliver a full and accurate record with no gaps or additions. Most business records have specified retention periods based on legal requirements and / or internal company policies. This is important because in many countries (including the United States) many documents ''may'' be required by law to be disclosed to government regulatory agencies or to the general public. Likewise, they ''may'' be discoverable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Governance
Information governance, or IG, is the overall strategy for information at an organization. Information governance balances the risk that information presents with the value that information provides. Information governance helps with legal compliance, operational transparency, and reducing expenditures associated with legal discovery. An organization can establish a consistent and logical framework for employees to handle data through their information governance policies and procedures. These policies guide proper behavior regarding how organizations and their employees handle information whether it is physically or electronically created ( ESI). Information governance encompasses more than traditional records management. It incorporates information security and protection, compliance, data quality, data governance, electronic discovery, risk management, privacy, data storage and archiving, knowledge management, business operations and management, audit, analytics, IT manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mnemonic
A mnemonic ( ) device, or memory device, is any learning technique that aids information retention or retrieval (remembering) in the human memory for better understanding. Mnemonics make use of elaborative encoding, retrieval cues, and imagery as specific tools to encode information in a way that allows for efficient storage and retrieval. Mnemonics aid original information in becoming associated with something more accessible or meaningful—which, in turn, provides better retention of the information. Commonly encountered mnemonics are often used for lists and in auditory form, such as short poems, acronyms, initialisms, or memorable phrases, but mnemonics can also be used for other types of information and in visual or kinesthetic forms. Their use is based on the observation that the human mind more easily remembers spatial, personal, surprising, physical, sexual, humorous, or otherwise "relatable" information, rather than more abstract or impersonal forms of informa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Records Management
Records management, also known as records and information management, is an organizational function devoted to the management of information in an organization throughout its life cycle, from the time of creation or receipt to its eventual disposition. This includes identifying, classifying, storing, securing, retrieving, tracking and destroying or permanently preserving records. The ISO 15489-1: 2001 standard ( "ISO 15489-1:2001") defines ''records management'' as " hefield of management responsible for the efficient and systematic control of the creation, receipt, maintenance, use and disposition of records, including the processes for capturing and maintaining evidence of and information about business activities and transactions in the form of records". An organization's records preserve aspects of institutional memory. In determining how long to retain records, their capacity for re-use is important. Many are kept as evidence of activities, transactions, and decisions. Othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Documents
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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