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  1. CIPFA LASAAC consultation on the 2025/26 Code of Practice on Local Authority Financial Reporting in the UK

    CIPFA LASAAC has issued its annual consultation on the 2025/26 Code of Practice on Local Authority Accounting in the UK (the Code). This will apply to accounting periods starting on or after 1 April 2025. The deadline for responses is 14 February 2025.

    Read more of: CIPFA LASAAC consultation on the 2025/26 Code of Practice on Local Authority Financial Reporting in the UK
  2. Press release: Further action to address the broken local audit system

    PSAA welcomes today’s announcement by the Government (refer to page 103) on further action it intends to take to address the local audit crisis as a part of the promised overhaul, by establishing a new body for local audit. We have previously stated our strong support for the Government’s commitment to ‘overhaul the local audit […]

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  3. FRC publishes findings from NHS audit market study

    The FRC has published emerging findings on its study into the audit market for NHS providers and Integrated Care Boards. The study found that while most stakeholders considered the market to be functioning, there were issues raised which could risk future resilience. Similar to local government audits, some respondents raised concerns regarding potential constraints on […]

    Read more of: FRC publishes findings from NHS audit market study