Document background
The Audit Retention Policy is essential for organizations operating in Denmark to ensure compliance with legal and regulatory requirements regarding the maintenance and disposal of audit records. This document becomes necessary when organizations need to establish standardized procedures for managing audit documentation, particularly in light of requirements set forth by the Danish Bookkeeping Act, Danish Auditors Act, and EU GDPR. The policy addresses retention periods, storage methods, access controls, and disposal procedures, providing a framework that helps organizations maintain compliance while efficiently managing their audit records. The document is particularly crucial for organizations subject to regular audits, those in regulated industries, or entities requiring structured approaches to document management.
