Contemporaneous record

A record created at or near the time an event actually occurred, as opposed to a reconstructed record assembled afterward from memory or summary. Contemporaneous records carry significantly more evidentiary and credibility weight, because they cannot be shaped by hindsight.

A record created during the event rather than reconstructed afterward, such as the live incident log kept as a crisis unfolds. It is stronger evidence of what happened than a later account, because it captured the moment before hindsight reshaped it into a story.

A written record made at or near the time a transaction actually happens, rather than reconstructed from memory later; the standard Practice 2 requires.

Evidence created live, during the event it documents, as opposed to a reconstructed record written afterward from memory or summary. Auditors and skeptical readers can often distinguish the two by the level of specific, itemized detail present.