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Best Practices for Small Business |
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Best Practices
Even though regulatory compliance differs by region and industry, there are similarities among regulations that deal with document and record keeping practices. These commonalities include:
- Time stamping: keep an unalterable record of the date and time of document and record creation.
- Archive integrity: digital archives must be stored on unalterable media, such as read-only optical discs.
- On-demand access: auditing authorities require that organizations be able to produce documents and records on-demand.
- Common sense: compliance regulations attempt to construct a framework where reasonable rules are enforced to insure accuracy, integrity, and reliability.
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