audit trail
An "audit trail" helps track and verify activities, changes, and transactions within systems, ensuring data integrity and accountability.
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Definition
C1Finance
(technical, formal)A detailed log of financial transactions, allowing for the verification of the accuracy and integrity of financial data.
Example
- The auditor reviewed the audit trail to ensure all transactions were recorded accurately.
- Maintaining a comprehensive audit trail is crucial for financial transparency and compliance.
B2Technology
(technical, formal)A chronological record of system activities, enabling the reconstruction and examination of events and changes within a system.
Example
- The IT team analyzed the audit trail to identify the source of the security breach.
- An audit trail helps in tracking user activities and system modifications.
C1Compliance
(technical, formal)A series of documented steps that provide evidence of compliance with regulatory requirements by tracking activities and changes.
Example
- Regulatory bodies often require an audit trail to ensure adherence to compliance standards.
- The company implemented an audit trail to meet legal and regulatory requirements.
Similar
Terms that have similar or relatively close meanings to "audit trail":