preaudit
1Preaudit — An accounting practice used prior to the official examination of the accuracy of an organization s financial statements. This preliminary phase of an audit is used to establish the scope of the audit and any special areas of concern. It is also… …
2preaudit — /pree aw dit/, n. Accounting. an examination of vouchers, contracts, etc., in order to substantiate a transaction or a series of transactions before they are paid for and recorded. Also, pre audit. Cf. postaudit. [1935 40; PRE + AUDIT] * * * …
3preaudit — pre·audit …
4preaudit — pre•au′dit n …
5preaudit — noun Etymology: pre + audit : an audit made prior to the final settlement of a transaction contrasted with postaudit * * * /pree aw dit/, n. Accounting. an examination of vouchers, contracts, etc., in order to substantiate a transaction or a… …
6postaudit — (ˈ) ̷ ̷+ noun Etymology: post + audit : an audit made subsequent to the final settlement of a transaction contrasted with preaudit * * * /pohst aw dit/, n. Accounting. an audit of accounting records, conducted at some interval of time after a… …
7postaudit — /pohst aw dit/, n. Accounting. an audit of accounting records, conducted at some interval of time after a transaction or a series of transactions has already occurred. Also, post audit. Cf. preaudit. [POST + AUDIT] * * * …
