Preaudit — 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… … Investment dictionary
preaudit — pre·audit … English syllables
preaudit — pre•au′dit n … From formal English to slang
preaudit — 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… … Useful english dictionary
postaudit — (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… … Useful english dictionary
postaudit — /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] * * * … Universalium