The Generally Accepted Recordkeeping Principles (GARP)

Records and recordkeeping are inextricably linked with any organized activity. It is only through the information an organization records in the normal course of business that it can know what it has done and effectively plan what it will do in the future. As a key resource in the operation of any organization, records must be created, organized, secured, maintained, and used in a way that effectively supports the activity of that organization, including:

• Facilitating and sustaining day-to-day operations
• Supporting predictive activities such as budgeting and planning
• Assisting in answering questions about past decisions and activities
• Demonstrating and documenting compliance with applicable laws, regulations, and standards*

 

*www.arma.org