Annual Reports 2023/24

2023/24 annual report and accounts

The 2023/24 annual report and accounts cover PSAA’s ninth full year of operation. Since 2018 local government external audit has been affected by regulatory reforms,
capacity issues and increased complexity, which has had a devastating impact on the
delivery of audits and has resulted in the backlog. This has had a profound effect on
PSAA, impacting on many different areas of our appointing person role and increasing both the volume and complexity of our work.

On 31 March 2024 we said farewell to Steve Freer, a founding member and the Chair of PSAA’s Board and welcomed our new Chair, Bill Butler who took up his appointment on 1 April 2024.

The financial statements have been prepared in compliance with United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) and the Companies Act 2006, under the provisions of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 (SI 2008/410).

The company’s auditor, MacIntyre Hudson LLP, issued an unqualified opinion on 11 August 2024.

The 2023/24 Audit Committee Annual Report was approved by the Audit Committee on 17 June 2024.