有冇人知Audit Trail係咩?

For an auditor: That means sufficient documentation on the workpaper, so that when an experienced auditor, that has reasonable knowledge about the industry, would be able to reperformed what was previously done and was able to draw the same conclusion.

For example, if we are currently testing operating expense for overstatement, and we have documented the sample selected, and what specific evidence we have seen (such as what invoice - from which vendor, invoice no, invoice date, invoiced amount, etc).

For client/accountant in the industry: That means that leaving trails for each journal entry recorded in the general ledger. For example, each operating expense recorded in the general ledger will have sufficient supporting documents, such as invoice, or accrual calculation spreadsheet as backup.

Audit trail does not wholly and exclusively for auditor of financial statments. It simply means a thread or a path to trace the procedure in line with the established objectives. There is an audit in ISO assessment and evaluation too.