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.
Recommended length of time to keep books and records. Reality is that destroying business records too soon or keeping business records them too long (subpoenaed and introduced in evidence to support the claims of adversaries) has cost organizations millions of dollars in penalties, lost lawsuits, and created storage problems.