PSAA news

We have recently published the number of audit opinions delivered up to 31 December 2024 on our website. Data for previous months can be viewed on our monthly audit opinion data page.

Auditors have reported issuing 361 disclaimed opinions due to the backstop as of 13 December 2024 for the years up to 2022/23. The 40 non-standard opinions in the table below include 8 disclaimed opinions that auditors have not attributed to the backstop. There are a further 77 opinions that remain outstanding for the years 2018/19 […]

PSAA welcomes MHCLG’s local audit reform strategy, which follows on from Monday’s announcement of the intention to create a new local audit body. We are strong advocates of overhauling the local audit system. Despite sustained and determined effort by system partners the current arrangements have not enabled resolution of the issues. This has resulted in […]

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 […]

We have recently published the number of audit opinions delivered up to 30 November 2024 on our website. Data for previous months can be viewed on our monthly audit opinion data page. We will publish a further update by the 19 December once the opinion data for the audits up to 2022/23 is available, following […]

We will publish data on audit opinion delivery on a monthly basis for the audits from 2018/19 onwards until all opinions for a year are delivered. We have recently published the number of audit opinions delivered up to 31 October 2024 on our website. Data for previous months can be viewed on our monthly audit […]

PSAA has published the 2024/25 audit fee scale following consultation. Information on the fee scale and consultation can be found on our website. We welcome the feedback we received to our consultation and thank all those who took the time to provide their views. We will continue to feed the concerns raised by bodies into […]

PSAA has published its Contract Monitoring Data Pack: Quarter 2 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 30 September 2024. A further 38 audit opinions were completed this quarter, resulting in […]

We have adjusted some KPIs within the audit services contract and the first payment milestone to reflect the government’s decision to introduce backstop dates for the delivery of audit opinions, as part of its solution to restore timely audit delivery. We have also added a new KPI relating to the production of the draft Annual […]

Our next Local Audit Quality Forum event will take place on Friday 8 November from 11.15am to 12noon. This webinar is aimed at s151 Officers, Audit Committee (and equivalent) Chairs, and representatives from local audit firms. The webinar will see a panel of representatives from MHCLG, the FRC, the NAO, CIPFA and PSAA respond to […]