Travelers 2020 Webinar Series for Accounting Professionals May 13, 1PM ET

Keys to Documentation and Record Retention for
Accounting Professionals

May 13, 2020, 1 – 2 p.m. Eastern

Moderator:

Joseph H. Jones, Jr., Esq., Director of Risk Management, Travelers

Speakers:

Alex A. Graft, Esq., Lewis Brisbois
Julie Lindstrom, Claim Counsel, Travelers

Proper documentation and record retention are crucial for accountants and bookkeepers to support their practice and help minimize professional liability risk. The effects of modern communication on our perceptions of what records are truly important, need to be recognized and understood. Strategies for effective documentation and record retention include understanding what to keep and why. The format of documentation and record retention, as well as how long to keep them, are equally important. Accountants and bookkeepers may be unsure if they need to keep certain records or documents or unsure about how to store them. Statutory obligations, professional standards, as well as “best practices,” can provide guidance.