Do you think that employers should have a policy on the retention of employee email communication beyond the termination date of the employee?

Q6

Since email is becoming the most common form of “written” communication today, it is important that employers recognize the both the value and the liability of these employment “records”. There are records retention requirements for a number of employment records. For example job applications must be maintained for a specific period of time in accordance with EEOC regulations for use in EEOC investigations. Pay records must be kept for a specific period of time since back pay claims can be retroactive for a specific number of years. Do you think that employers should have a policy on the retention of employee email communication beyond the termination date of the employee? If so, why and how long should the records be retained?

Acct

Q7

Class, let’s start with a discussion on current financial disclosures. Should financial statement disclosures be greater? What are the pros and cons for the increased financial information being disclosed by public companies on their company’s Internet websites? Please let me know if you have any questions

Q8

Now how do you distinguish between Financial Reporting for GAAP, and full Disclosure.  What is Management Discussion and Analysis.  Access a public company annual report and analyze its M&A section and how it helps the investors in their decision making process. Please let me know if you have any questions

Q9

MD&A section of the annual report is an opportunity for the management to express their plans and provide future guidance and it is a good place for the investors to assess in what direction the management plans to take the company in future.   Now let’s discuss about the interim reporting. Do you think interim reporting enhances the quality of information or it distorts the quality of information? Please let me know if you have any questions