A pre-audit is the first step in the process of an audit. During a pre-audit, a company or individual's financial documents are examined to ensure that all information is correct before the company or individual undergoes an official audit. The pre-audit process may be undertaken by employees of the company being pre-audited, or the company may hire an independent organization to examine its finances. Pre-auditing may be used to describe both a single instance of review directly preceding an official audit as well as the continuous process of monitoring finances throughout the year.
Under pre-audit, we conduct following measures