SAICA Retention of records guide updated

04 June 2021
Accounting
South African Accounting Academy

The retention of documents would now require consideration of the POPIA (Protection of Personal Information Act) requirements. Section 14 of POPIA specifically states that records of personal information may not be retained any longer than necessary for achieving the purposes for which the information was collected or subsequently processed – with a few exceptions.

This guide seeks to inform members of the requirement to retain documents for a certain time period and does not attempt to include all legislation, but only refers to the general legislation that impact on a wide variety of entities.

The guide has been compiled to assist SAICA members to meet the legislative requirements when they deal with clients.

The guide is structured to refer to the relevant Act and then to the documents that should be kept and to the period of retention.

Click here to download the Guide:

https://www.saica.co.za/Portals/0/documents/2021/SAICA_Retention_of_Records_Guide_updated_2021.pdf

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