Is it possible to audit the Amazon AWS console?

Solution 1:

edit: AWS has since released CloudTrail, which satisfies this need.

No. If you need auditing, you'll likely need to wrap your own frontend around the AWS APIs. If you have paid support AWS may be able to look at their internal logs, I don't know.

One thing to note is that a non-VPC EC2 instance that's stopped will lose its EIP. VPC instances retain their association (and their internal IP, too) during stoppages.

Solution 2:

I haven't used the service yet, but it looks like there's a service called CloudTrail for logging AWS API activity:

With CloudTrail, you can get a history of AWS API calls for your account, including API calls made via the AWS Management Console, AWS SDKs, command line tools, and higher-level AWS services (such as AWS CloudFormation). The AWS API call history produced by CloudTrail enables security analysis, resource change tracking, and compliance auditing.