trail that presents a transactions history. It leads back to the foundation document. A clear trail is the sign of a well arranged business.
Paper or 'electronic' trail that gives one step by action reported reputation for a transaction. It allows an examiner to track the economic data from basic ledger into the resource document (charge, bill, coupon, etc.). The presence of a reliable and simple to follow audit trail is an indication of great interior controls instituted by a firm, and types the foundation of objectivity.