Cryptic crossword clue
Preparation of cheese with some fish before midnight 8

The most common and most likely answer to this crossword clue is the 8 letter word BRIEFING

I've seen this crossword clue in The Guardian
B
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Buddy explains!

The straight part
We know that "Preparation" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case preparation = briefing.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does BRIEFING mean?

BRIEFING verb
  1. To summarize a recent development to some person with decision-making power.
  2. To write a legal argument and submit it to a court.
BRIEFING noun
  1. A short and concise summary of a situation.
  2. A presentation of information or instruction; the meeting at which it is presented.

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