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what is the purpose of an audit trail

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Q: What is the purpose of an audit trail?
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Related questions

What does an audit trail check for?

What does an audit trail chck for


What is the audit Trait?

audit trail


What is an audit trail?

An audit trail is a formal record or log of the financial transactions of an organization.


What is sales audit trial?

I assume you mean "audit trail". An audit trail is any system set up to check who did what, and when.


How do you clear the audit trail on an SKL without going to comsec?

The answer is, you don't. If you don't have the SSO account password for the SKL, you can't erase the audit trail. Even battery power loss or zeroizing will not erase the audit trail.


What is an audit trail and what is its purpose?

An audit (financial or non-financial) therefore indicates detailed examination and verification of an account, a situation or a state. Given this definition, the application of an audit varies from financial audits to marketing audits; from fire safety audit to statutory refulations requirements audit(like ISO, HAACP etc). Very large scale audits include an audit of the city. The purpose of carrying out the audit varies. In the case of a fire safety audit, we are ensuring environmental safety. In the case of an annual financial audit, the primary purpose of its existence is the protection of stockholders in publicly traded What is the purpose of an audit. To this end, my reply is that the purpose of an audit is to verify and examine in detail if there is accuracy in information. However, the type of audit being carried out may have a deeper underlying purpose which is being addressed. Specifically, the purose of an audit is to perform an independent assessment of an action, function, or system, in order to determine the effectiveness of that action, function, or systems ability to control risk.


What does the certification process creates?

audit trail


In medicine what is meant by an audit trail?

tell me what is meant by medicide


What is the purpose of an audit?

The purpose of an audit is to add credibility to the financial statements of a business organization.To give credence to the accounting records, accounting polices and financial statements of an audit client.


How do you audit a procedure?

If there is no paper trail ask questions of persons performing the procedure


What is audit and the purpose of audit?

Audit is an evaluation of a certain thing or individual. This is to determine about the situation of the inventories, expenses and also to determine the check and balances.


How can you avoid leaving a paper trail when you are in an audit?

One way to avoid leaving a paper trail for when you are in an audit is to transfer your assets offshore. Although be careful and make sure that your assets aren't sent by a bank that is located directly in your country.