Generally Accepted Recordkeeping Principles

The Generally Accepted Recordkeeping Principles (GARP) are six principles—complete, reliable, available, compliant, secure, and audit-ready—established by ARIS Global and ILM to ensure information integrity, which is critical for AI governance and regulatory compliance. This framework aligns with ISO 40508 and the EU AI Act's documentation requirements, ensuring AI systems' decision-making processes are transparent and verifiable. For enterprises, it means moving beyond simple data storage to a robust information governance ecosystem where every AI-driven decision can be traced to its source data and logic, mitigating risks of bias, error, and regulatory penalties.

Implementation typically follows three steps: first, a gap analysis comparing current AI data practices against the six GARP principles; second, the deployment of technical controls ensuring data integrity and security (aligned with ISO 27701); third, the establishment of regular audit cycles to verify compliance. For example, a multinational corporation implementing these principles saw a 40% increase in AI model audit-readiness and a 30% reduction in data-related compliance incidents within the first year. Key performance indicators (KPIs) include data lineage accuracy, audit response time, and AI model-to-data traceability percentage.

Taiwan enterprises face three primary challenges: fragmented regulations (local privacy laws vs. EU AI Act), technical debt in legacy systems, and a shortage of AI governance specialists. To overcome these, enterprises should adopt a 'highest common denominator' approach, prioritizing EU AI Act standards to ensure global compliance. Investing in automated data-lineage tools can address technical debt, while upskilling existing IT staff through certified programs like CIPP/E or AI governance workshops can bridge the talent gap. The initial investment typically takes 6-12 months to yield measurable ROI in risk reduction and operational efficiency.

Winners Consulting specializes in Generally Accepted Recordkeeping Principles for Taiwan enterprises, delivering compliant management systems within 90 days. Free consultation: https://winners.com.tw/contact