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Audits

In normal business terminology, an audit is an independent review that verifies that an enterprise's financial records are accurate and that the enterprise has conformed to sound accounting practices. For the purposes of Internet commerce, two other concepts are relevant.

  1. Independent verification of design and implementation

    A review is made of the system design and operational practices in order to determine if design objectives have been met. For example, in a security audit, a review is made of every aspect of system design, implementation, and operations to ensure that confidential information is protected and that unauthorized access has not occurred and cannot occur in the future.

  2. A record trail of an individual transaction

    The audit trail of a transaction is the collection of records that make it possible to verify that the particular transaction actually occurred in the way it was supposed to have occurred. The audit trail is used for reporting, for customer service inquiries, and for dispute resolutions. It is not part of the main order processing flow.


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