diff --git a/src/xenia/kernel/xboxkrnl/xboxkrnl_threading.cc b/src/xenia/kernel/xboxkrnl/xboxkrnl_threading.cc
index 460978fe2..7df32bfbe 100644
--- a/src/xenia/kernel/xboxkrnl/xboxkrnl_threading.cc
+++ b/src/xenia/kernel/xboxkrnl/xboxkrnl_threading.cc
@@ -162,6 +162,30 @@ dword_result_t ExCreateThread_entry(lpdword_t handle_ptr, dword_t stack_size,
                                     lpvoid_t start_address,
                                     lpvoid_t start_context,
                                     dword_t creation_flags) {
+  if (cvars::audit_handle_lifecycle) {
+    auto* ctx = cpu::ThreadState::Get()->context();
+    uint32_t lr = static_cast<uint32_t>(ctx->lr);
+    // Walk one PPC stack frame up from the shim's frame to recover the GUEST
+    // caller's LR (lr_enter is just the kernel-internal shim's return
+    // address; we want the function that called *it*). Same convention as
+    // the NtWaitForSingleObjectEx probe above.
+    uint32_t guest_lr = 0;
+    uint32_t sp = static_cast<uint32_t>(ctx->r[1]);
+    uint32_t back1 = xe::load_and_swap<uint32_t>(ctx->TranslateVirtual(sp));
+    if (back1) {
+      uint32_t back2 =
+          xe::load_and_swap<uint32_t>(ctx->TranslateVirtual(back1));
+      if (back2) {
+        guest_lr =
+            xe::load_and_swap<uint32_t>(ctx->TranslateVirtual(back2 - 8));
+      }
+    }
+    XELOGKERNEL(
+        "AUDIT-HLC ExCreateThread entry={:08X} start_ctx={:08X} xapi={:08X} "
+        "flags={:08X} lr={:08X} guest_lr={:08X}",
+        uint32_t(start_address), uint32_t(start_context),
+        uint32_t(xapi_thread_startup), uint32_t(creation_flags), lr, guest_lr);
+  }
   return ExCreateThread(handle_ptr, stack_size, thread_id_ptr,
                         xapi_thread_startup, start_address, start_context,
                         creation_flags);
diff --git a/src/xenia/kernel/xthread.cc b/src/xenia/kernel/xthread.cc
index 33610bfb3..e2c4ecedc 100644
--- a/src/xenia/kernel/xthread.cc
+++ b/src/xenia/kernel/xthread.cc
@@ -21,6 +21,7 @@
 #include "xenia/base/threading.h"
 #include "xenia/cpu/processor.h"
 #include "xenia/emulator.h"
+#include "xenia/kernel/kernel_flags.h"
 #include "xenia/kernel/kernel_state.h"
 #include "xenia/kernel/user_module.h"
 #include "xenia/kernel/xboxkrnl/xboxkrnl_threading.h"
@@ -544,6 +545,13 @@ X_STATUS XThread::Terminate(int exit_code) {
 void XThread::Execute() {
   XELOGKERNEL("XThread::Execute thid {} (handle={:08X}, '{}', native={:08X})",
               thread_id_, handle(), thread_name_, thread_->system_id());
+  if (cvars::audit_handle_lifecycle) {
+    XELOGKERNEL(
+        "AUDIT-HLC XThread::Execute tid={} start_address={:08X} "
+        "start_context={:08X} xapi={:08X}",
+        thread_id_, creation_params_.start_address,
+        creation_params_.start_context, creation_params_.xapi_thread_startup);
+  }
   // Let the kernel know we are starting.
   kernel_state()->OnThreadExecute(this);