tiktok成人版

All Countries
Compliance
Audit Retention Policy

Audit Retention Policy Template for Austria

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Audit Retention Policy

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Audit Retention Policy

"Need to draft an Audit Retention Policy for our Vienna-based financial services firm that complies with Austrian banking regulations, includes specific provisions for digital record keeping, and will be implemented by March 2025 across our three subsidiary companies."

Celebrated by
Collaborations with
Investors
Document background
The Audit Retention Policy is a crucial document that provides a framework for managing audit-related records in compliance with Austrian legal requirements. It is essential for organizations operating in Austria to maintain proper documentation of their audit processes and ensure compliance with various regulatory requirements, including the Austrian Commercial Code (UGB), Federal Fiscal Code (BAO), and data protection regulations. The policy outlines specific retention periods, which typically range from 7 years for standard business records to longer periods for specific documents, and includes comprehensive guidelines for storage, access, and destruction of audit materials. This document should be implemented when organizations need to establish or update their audit record management procedures, particularly in response to regulatory changes or organizational growth.
Suggested Sections

1. Purpose and Scope: Defines the objectives of the policy and its application across the organization

2. Definitions: Defines key terms used throughout the policy including types of audit records, retention periods, and responsible parties

3. Legal Framework: References to relevant Austrian legislation and regulatory requirements affecting record retention

4. Roles and Responsibilities: Outlines the responsibilities of different stakeholders in managing audit records

5. Record Categories: Categorization of different types of audit records and their respective retention requirements

6. Retention Periods: Detailed requirements for how long different types of audit records must be retained

7. Storage and Security: Requirements for secure storage of audit records, including both physical and electronic records

8. Access Controls: Procedures for controlling and monitoring access to audit records

9. Destruction Procedures: Procedures for secure destruction of audit records after retention period expires

10. Compliance and Monitoring: Procedures for ensuring compliance with the policy and conducting regular reviews

Optional Sections

1. International Requirements: Include when organization operates across multiple jurisdictions to address international retention requirements

2. Industry-Specific Requirements: Include for organizations in regulated industries (banking, insurance, etc.) with additional retention requirements

3. Electronic Systems and Tools: Include when specific software or systems are used for audit record retention

4. Business Continuity: Include procedures for protecting audit records in disaster recovery situations

5. Privacy and Data Protection: Include detailed GDPR compliance measures when audit records contain personal data

6. Cloud Storage Requirements: Include when organization uses cloud storage for audit records

7. Special Categories of Records: Include when organization handles special audit records requiring different retention periods

Suggested Schedules

1. Schedule A - Retention Period Matrix: Detailed matrix showing retention periods for different categories of audit records

2. Schedule B - Document Destruction Form: Template form for documenting the destruction of audit records

3. Schedule C - Access Authorization Form: Template for requesting and approving access to audit records

4. Schedule D - Compliance Checklist: Checklist for regular compliance reviews of retention procedures

5. Appendix 1 - Legal References: Detailed references to relevant Austrian legislation and regulatory requirements

6. Appendix 2 - System Procedures: Technical procedures for electronic record management systems

7. Appendix 3 - Contact List: List of key contacts responsible for audit record management

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

















































Clauses






























Relevant Industries

Banking and Financial Services

Insurance

Manufacturing

Retail

Healthcare

Technology

Professional Services

Energy

Telecommunications

Real Estate

Transportation and Logistics

Construction

Education

Non-Profit Organizations

Public Sector

Relevant Teams

Internal Audit

Compliance

Legal

Finance

Information Technology

Records Management

Risk Management

Quality Assurance

Operations

Human Resources

Information Security

Relevant Roles

Chief Financial Officer

Chief Compliance Officer

Internal Audit Director

External Auditor

Records Manager

Compliance Manager

Legal Counsel

Risk Manager

Finance Director

IT Security Manager

Data Protection Officer

Quality Assurance Manager

Operations Manager

Department Head

Controller

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Corporate Retention Policy

Austrian-compliant document retention policy outlining mandatory retention periods and document management procedures under Austrian and EU law.

find out more

Audit Retention Policy

An internal policy document outlining audit record retention requirements and procedures under Austrian law.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.