04 March 2011
A system that provides a means for tracing items of data from processing step to step, particularly from a machine-produced report or other machine output back to the original source data. It is the means thru which an auditor can knw what r all a/c's whch r affectd.
04 March 2011
A step-by-step record by which financial data can be traced to its source. It is a situation where it is possible to relate the original input with the final output on one-to-one basis.
07 March 2011
Audit trail or audit log is a chronological sequence of audit records, each of which contains evidence directly pertaining to and resulting from the execution of a business process or system function.
Audit records typically result from activities such as transactions or communications by individual people, systems, accounts or other entities.
An audit trail as "a record showing who has accessed a computer system and what operations he or she has performed during a given period of time."