QIS-TERM-00028 QISTRUST.COM THE GOVERNANCE LAYER REV 2026-08-02 · BUILD 14.4
The QIS Canon · MARQUE questions

Auditability

The property that a past decision can be reconstructed exactly — same inputs, same model state, same evidence, same output — rather than merely narrated from a log.

QIS-TERM-00028·Canonical industry term·Widely used

Why it matters

Applies to compliance, internal audit and, on request, the examiner. It bites retrospectively and without warning, typically years later and typically about the one decision nobody expected to have to explain. It fails when any component of the decision was not captured: model version, memory state, retrieval corpus as it stood, prompt version, parameters. A trace that records the call chain but not the model state produces a narrative about a decision, not the decision. This is the best-covered MARQUE question in existing control frameworks — 131 of 230 objectives touch it — and still the most commonly failed in practice.

What it is not

These are routinely confused with Auditability. The distinctions are not pedantic — each one has consequences for how a system is governed.

≠ Logging
Commonly conflated

Logging records that something happened. Auditability requires that everything needed to re-derive it was captured.

≠ Explainability
Commonly conflated

Explainability is why the model produced an output. Auditability is proof of what the output was and what produced it. A system can be fully auditable and entirely inscrutable.

Relationships

Typed edges into the rest of the ontology. These are what make the canon traversable rather than merely readable.

QIS-TERM-00028 — outbound relationships
VerbTargetMeaning
addressesAuditabilityThe subject speaks to the object as a question or concern.
relatedToAudit TrailAn association too weak or too general for a stronger verb.
relatedToAgent Decision RecordAn association too weak or too general for a stronger verb.

Record

Canonical identifierQIS-TERM-00028
StatusCanonical industry term
AdoptionWidely used
Domain · LayerMARQUE questions · Governance
OriginMARQUE question 04. The recordkeeping tradition is decades old in financial services; its extension to model state is not.
Semantic aliasesNone recorded.
First published2026-08-02
Last reviewed2026-08-02 · 180-day cycle

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