Information - As Records

As Records

Records are a specialized form of information. Essentially, records are information produced consciously or as by-products of business activities or transactions and retained because of their value. Primarily their value is as evidence of the activities of the organization but they may also be retained for their informational value. Sound records management ensures that the integrity of records is preserved for as long as they are required.

The international standard on records management, ISO 15489, defines records as "information created, received, and maintained as evidence and information by an organization or person, in pursuance of legal obligations or in the transaction of business". The International Committee on Archives (ICA) Committee on electronic records defined a record as, "a specific piece of recorded information generated, collected or received in the initiation, conduct or completion of an activity and that comprises sufficient content, context and structure to provide proof or evidence of that activity".

Records may be maintained to retain corporate memory of the organization or to meet legal, fiscal or accountability requirements imposed on the organization. Willis (2005) expressed the view that sound management of business records and information delivered "...six key requirements for good corporate governance...transparency; accountability; due process; compliance; meeting statutory and common law requirements; and security of personal and corporate information."

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... September 27 - Time Warner agrees to sell back its 50 percent share of Interscope Records ... Tupac signed a three-album deal with Knight's Death Row Records ... October 23 - Def Leppard enters the Guinness Book of World Records by performing three shows in three continents in the same day, playing Tangier, Morocco, London, England and Vancouver, Canada ...
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Famous quotes containing the word records:

    It’s always the generals with the bloodiest records who are the first to shout what a hell it is. And it’s always the war widows who lead the Memorial Day parades.
    Paddy Chayefsky (1923–1981)

    Although crowds gathered once if she but showed her face,
    And even old men’s eyes grew dim, this hand alone,
    Like some last courtier at a gypsy camping-place
    Babbling of fallen majesty, records what’s gone.
    William Butler Yeats (1865–1939)