<P> Much research is being conducted on the management of electronic records . The International Research on Permanent Authentic Records in Electronic Systems (InterPARES) Project is one example of such an initiative . Based at the School of Library, Archival and Information Studies at the University of British Columbia, in Vancouver, British Columbia, Canada, the InterPARES Project is a collaborative project between researchers all across the world committed to developing theories and methodologies to ensure the reliability, accuracy, and authenticity of electronic records . </P> <P> Functional requirements for computer systems to manage electronic records have been produced by the US Department of Defense, The United Kingdom's National Archives and the European Commission, whose MoReq (Model Requirements for the Management of Electronic Records) specification has been translated into at least twelve languages funded by the European Commission . </P> <P> Particular concerns exist about the ability to access and read electronic records over time, since the rapid pace of change in technology can make the software used to create the records obsolete, leaving the records unreadable . A considerable amount of research is being undertaken to address this, under the heading of digital preservation . The Public Record Office Victoria (PROV) located in Melbourne, Australia published the Victorian Electronic Records Strategy (VERS) which includes a standard for the preservation, long - term storage and access to permanent electronic records . The VERS standard has been adopted by all Victorian Government departments . A digital archive has been established by PROV to enable the general public to access permanent records . Archives New Zealand is also setting up a digital archive . </P> <Dl> <Dt> Electronic tax records </Dt> </Dl>

What is the meaning of business information management