I have visited with cpa firms that tell me they have adopted the ‘paperless office’ concept. Well apparently everyone has not. Do you know about the GLB? That would be the Gramm-Leach-Bliley Financial Modernization Act of 1999. It relates to accounting banking and securities information.
Or what about the HIPAA? It of course controls PHI! That would be the Health Information Privacy Act concerning Personal Health Information! Seems that there are now regulations about properly disposing of and shredding this information. This has been a boon to companies like Iron Mountain IRM.
My point is that we are still a long way from the paperless office and now we have an entire industry devoted to destroying all those documents so carefully created in the first place. Dig a hole, fill the hole, what an economy.
Professor Elam 
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