1. Plural of preaudit; preliminary examinations or reviews of financial records, accounts, or documents before a formal audit.
Usage: accounting/finance term; typically used in business and organizational contexts

1. Third-person singular present tense of preaudit; to conduct a preliminary examination or review of financial records or accounts before a formal audit.
Usage: accounting/finance term; transitive verb

Examples

• The accounting department preaudits all expense reports before they are submitted to the external auditors.
• Several preaudits revealed discrepancies in the quarterly financial statements.
• The firm preaudits vendor invoices to ensure compliance with company policy.
• Internal preaudits help identify and correct errors before the official audit begins.
• The controller preaudits the general ledger entries each month.