Audit Trail: A Key Element of Financial Audits

CA Rakesh Ishi , Last updated: 17 February 2024  
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1.What is an audit trail? An audit trail is a chronological record of all changes made to financial transactions within an accounting system. It helps maintain the integrity and accuracy of financial records. 2.Why is an audit trail important? An audit trail is important because it provides

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CA Rakesh Ishi
(Working at Private Company)
Category Audit   Report

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