How long do i have to maintain corporate accounting records?

Answer 1

It depends on where your company is incorporated. Under the UK Companies Act, private and public limited companies must preserve their accounting records for 3 and 6 years respectively. In America, they must have similar laws. The Sarbanes-Oxley Act only applies to SEC companies, i.e. public listed.

If you're from the US, click on the link and scroll down to the Appendix SUMMARY OF DOCUMENT RETENTION REQUIREMENTS and you'll find out how long to keep what type of documents.

Answer 2

You need to follow Sarbanes-Oxley. Go to the link. http://www.sarbanes-oxley.com/