To Shred or Not to Shred - Guidance for Nonprofits on Document Retention and Destruction

Much has changed since the days of the high profile corporate scandals involving the likes of Enron and WorldCom. The purported actions of some helped to usher in a new era of increased oversight and transparency requirements through the passage of the Sarbanes-Oxley Act and other compliance-oriented measures. While the primary focus of the act was on public companies, certain provisions regarding the retention of records in the case of events such as a governmental investigation were made applicable more broadly and require compliance by nonpublic companies, including nonprofit organizations. For this as well as other governance and compliance reasons, the proper development, implementation and use of records management policies in the nonprofit sector has significant and continued importance. The purpose of this live webinar is to discuss issues related to records management policies, with a particular focus on their relevance to nonprofit organizations.

Learning Objectives:

- You will be able to discuss fiduciary duties and responsibilities of directors and officers.

- You will be able to review Sarbanes Oxley Act requirements and application to nonprofits.

- You will be able to identify policies for records management.

- You will be able to explain planning and compliance issues.