An audit is the review activity that examines records, evidence, provenance, controls, decisions, actions, and outcomes to determine whether governed work satisfies applicable requirements, obligations, rules, and expectations.
In the FX Demo Reference Architecture, Audit supports accountability, reviewability, reconstruction, evidence assessment, non-performance analysis, governance oversight, and market integrity.
review activity that examines records, evidence, provenance, controls, decisions, actions, and outcomes against applicable requirements, obligations, rules, and expectations
Generalised from audit, provenance, evidence, traceability, governance, and review concepts used by the FX Demo Reference Architecture.
Audit is not merely logging, monitoring, inspection, or evidence storage. Those activities support audit when they preserve reviewable records and evidence.
An audit reviews whether an FX Release Package was produced from an authorized policy decision and supported by the required provenance and evidence.