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  1. Update on audit fees for disclaimed audit opinions including potential refunds

    We wrote to all firms on 18 December 2024 to explain our approach to audit fees for issuing a disclaimed audit opinion arising from the Government’s backlog solution, as we expected to receive their proposals from January 2025 onwards for this work. Our research showed that the firms’ approaches to the work to produce a […]

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  2. Contract Monitoring Data Pack: Quarter 3 for 2024/25

    PSAA has published its Contract Monitoring Data Pack: Quarter 3 for 2024/25. We produce quarterly reports on our contracted firms, building up information as the year progresses. The data pack covers audit opinions, approved fee variations and electors’ objections up to 31 December 2024. 69 audit opinions are outstanding for audits up to 2022/23, which […]

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  3. February 2025 update

    This edition of our quarterly e-bulletin includes an update on the local audit backlog situation, details of our new Board and Audit Committee appointments, and a summary of local audit news from elsewhere. We hope that you continue to find our e-bulletin to be useful. We welcome your thoughts on future topics that you would […]

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  4. PSAA response to MHCLG’s consultation on local audit reform in England

    On 18 December MHCLG launched a consultation on Local audit reform: a strategy for overhauling the local audit system in England. We welcomed the strategy to develop a more cohesive system geared to the sector’s needs that provides assurance over the use of public money. The strategy commits to a series of measures to fix […]

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  5. 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