Nearly everything that happens in Identity Security Cloud is tracked in audit reports that you can download, send to auditors, and search for events or patterns. You can view audit data in Search, on the Admin Dashboard, and throughout Identity Security Cloud. You can additionally configure Identity Security Cloud to send notifications when certain components of your site have problems.
This is the companion discussion topic for the documentation at https://documentation.sailpoint.com/saas/help/common/audit-reports.html