Definition of «audit trail»

An audit trail is a record or documentation that shows the history and activity of an organization, system, or individual. It typically includes information about who did what, when they did it, and any changes made to data or systems along the way. Audit trails are often used in accounting, finance, and computer security to track transactions, detect errors or fraudulent activities, and provide evidence of compliance with regulatory requirements. In essence, an audit trail serves as a paper (or digital) trail that can be followed to verify the accuracy and integrity of information, processes, and systems.

Phrases with «audit trail»

Sentences with «audit trail»

  • In addition, organizations can maintain a complete audit trail of documents, attributes and actions throughout the e-discovery process. (ftitechnology.com)
  • Duties include running eligibility reports, maintaining proper audit trails for clients, tracking contract changes, preparing monthly education billing, & maintaining fixed asset & depreciation schedule. (flexjobs.com)
  • A complete audit trail of all invoice activity is captured with a time and date stamp as well as the name of the participant that made the comment. (onit.com)
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