Embodiments of the present invention provide a network subscriber usage recording system and method with configurable audit system. In one embodiment, a network subscriber usage recording system comprises an encapsulator for reading a plurality of network subscriber metadata records from a network data source and converting the network data records to a plurality of data normalized metered events. An aggregator is provided for processing the data normalized metered events to create aggregated normalized metered events. An auditor is provided for generating audit normalized metered events based on the data normalized metered events.