Audit Trail
An audit trail is a record that logs the details of transactions or changes made within a system, ensuring accountability and transparency. It tracks who did what, when, and how, providing a chronological history of events. This is important for businesses and organizations to monitor activity, comply with regulations, and investigate any discrepancies or issues. Essentially, an audit trail acts like a detailed diary of actions taken, helping to ensure that everything is handled properly and can be reviewed if necessary.
Additional Insights
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An audit trail is a record that shows a detailed history of actions taken regarding a specific item, transaction, or process. It includes timestamps and user information, helping to track changes, decisions, and access over time. This is commonly used in finance, data management, and compliance to ensure transparency and accountability. An audit trail allows organizations to verify the integrity of data, investigate discrepancies, and maintain compliance with regulations by providing a clear, chronological account of activities. Think of it as a breadcrumb trail that helps you understand how you got from point A to point B.