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.
How long you should keep business financial records depends upon the type of information the documents contain. While the Internal Revenue Service (IRS) sets retention standards for some records, lawyers, accountants and other agencies such as insurance companies and industry associations may also make recommendations.eeping Business Records. The burden of proof to substantiate your tax return and other financial statements is on you. These guidelines were established to provide you with the information necessary to support your entries, expenses, deductions and other financial statements.