PSAA news

  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. 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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  4. 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 […]

    Read more of: Press release: Further action to address the broken local audit system