Approved Information Destruction
"Your First A.I.D. in Identity Theft Protection"

 
Accountants / CPAs --
Do You Know Why You Should Shred?

CPA’s 

CPA’s have a legal obligation to have client records properly destroyed, or they may find themselves in direct violation of the 1974 Federal Privacy Act (www.ftc.gov/foia/privacy_act).  Additionally they must comply with the Gramm-Leach-Bliley Act of 1999 (www.ftc.gov/privacy/glbact).  There is an implied contract between an accountant and client whenever the CPA asks for personal and financial information, and the information must be protected.  Surely, your clients would not be happy if they knew their financial data was available in last nights trash.  Even delicate documents within your office must be protected.  Confidential information such as personnel records, salary reviews, and insurance data should be shredded when no longer needed.  Records management studies indicate that less than 30% of information in a company’s files should be stored: 70% are either duplicates or obsolete. 

A professional document destruction company which will destroy end-of-retention files can supply an effective legal protection by providing a notarized document-destruction certificate that proves a third party shredded the files.  The company is in compliance with all identity-theft laws and acts by properly disposing of end-of-retention files and possessing proof thereof.   Legally disposing of these records decreases the time and effort needed to search for files. 

Outsourcing document-destruction also saves time and money because the individual or company no longer needs to own, or lease, and then maintain, a consumer shredder designed to handle only a few sheets of paper at a time.  Commercial shredders easily handle thick files, metal clips, and staples.  A typical drawer of files weighs approximately 60 pounds.  A commercial shredding company can shred 30 to 50 such storage boxes per hour. 

Finally, 17 trees are saved for every ton of paper that is shredded and recycled. Utilizing a professional shredding company helps the environment because all shredded material is recycled rather than used in a landfill.

Shredding Private Information isn't an option anymore -- IT'S THE LAW!

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