Creating a custom audit event and setting up an associated report involves steps such as defining the audit event, modifying the audit configuration, and creating a custom report using the SailPoint IdentityIQ reporting framework. Simply creating a Data Export task does not fulfill these requirements. A Data Export task is used for exporting data from IdentityIQ and is unrelated to the creation of custom audit events or custom reports. Refer to the SailPoint IdentityIQ Reporting Guide and the IdentityIQ Audit Framework documentation for more information on correctly creating and configuring custom audit events and reports.