PSAA news

PSAA is consulting on the fee scale for 2018/19 audits of opted-in bodies. Further information can be found here.

The VFM Profiles currently maintained by PSAA will now be provided via a new tool created by the LGA, called LG Inform VfM. The data and analysis previously available in the profiles have been transferred to the LG Inform suite of tools, and the LG Inform team will now be maintaining and updating the VFM Profiles. The new site is available from the following link: http://vfm.lginform.local.gov.uk/. The existing PSAA profiles site will continue to be available until December 2017, but the data will not be updated.

The consultation on the proposed auditor appointments from 2018/19 closed on 22 September. We received 442 responses from opted-in bodies confirming acceptance of the proposed appointment. We did not receive a response from 34 bodies and have written to those bodies to say we have assumed they accept the firm we are proposing to appoint. […]

On 14 August 2017 PSAA commenced the consultation process with opted-in bodies on their proposed auditor appointment for 2018/19. The consultation will run until 22 September 2017. Further information can be found on the appointment process page at https://www.psaa.co.uk/appointing-person/auditor-appointment-process/.

PSAA has published a summary of the results of auditors’ work at NHS trusts and CCGs for 2016/17.

Local government and police bodies throughout England will pay reduced fees for audit services following the results of a highly successful procurement process undertaken by Public Sector Audit Appointments Ltd (PSAA). Aggregate savings are expected to exceed £6m per annum, equivalent to a reduction of approximately 18% in the scale fees payable by local bodies.

PSAA continues to be on track with its procurement of audit services for opted-in bodies. The mandatory standstill period commenced on 8 June 2017 and will run until midnight on 19 June 2017.

PSAA will consult on and confirm auditor appointments to opted-in bodies from 2018/19 between August and December 2017, following award of contracts to audit firms in June. Appointments will be confirmed by the statutory deadline of 31 December 2017. To find out more about the appointments process and timetable, click here.

PSAA is on track with its procurement of audit services for opted-in bodies. The invitation to tender was issued as planned on 6 April 2017 and tenderers have until noon on 10 May 2017 to submit their responses.

PSAA has published the work programme and scales of fees for 2017/18 audits of principal local government and police bodies.