1. (Government, Politics & Diplomacy) a body of ideas that reflects the beliefs and interests of a nation, political system, etc and underlies political action. 2. (Philosophy) philosophy sociol the set of beliefs by which a group or society orders reality so as to render it intelligible.
How long to keep records. You must normally keep records for at least 6 years from the end of the last company financial year they relate to. You may need to keep records longer if: 1  they show a transaction that covers more than one of the companyâs accounting periods.ou must also keep any other financial records, information and calculations you need to complete your Company Tax Return. This includes records of all money: 1  spent by the company, eg receipts, petty cash books, orders and delivery notes.
Most businesses accumulate a large number of documents on a monthly basis -- such as financial statements, receivables, payables, insurance paperwork and employee records. Documents pertaining to paid accounts are important to keep, because they show debits for goods and services the company has paid off.ecord-Keeping Time Frame. The main reason a business should retain financial documents from prior years is in the case of an audit by the IRS. The IRS states that except in the case of fraud, it has three years from the date of a business filing a return to perform an audit.