An accounting audit trail strikes at the underlying conditions -- fraud, data incompleteness and missing information -- that breed inaccurate financial reporting. By giving corporate auditors fodder ...

An audit trail consists of records that document every step in a business transaction. This may mean invoices for payments issued or sales contracts documenting revenue. Payroll and other human ...

While the Internal Revenue Service has made progress in implementing a solution to its audit trail deficiencies, it still needs to strengthen its controls, according to a new report. Processing ...

Consensus says that the Securities and Exchange Commission’s approval of a rule creating a consolidated audit trail — CAT — is imminent. The rule will likely come before the end of the quarter but ...

A record of transactions in an information system that provides verification of the activity of the system. The simplest audit trail is the transaction itself. If a person's salary is increased, the ...