PSAA has published the findings of its third survey of audited bodies’ feedback on their audits. The results provide feedback on how auditors have managed their relationships with audited bodies. The effectiveness of relationship management is one of the measures that we use to monitor the quality of audit services provided. The survey results reflected […]
PSAA welcomes the FRC’s revised guidance for recognising Key Audit Partners (KAPs) for local audit. This has established more flexible routes for Responsible Individuals to become KAPs and is a step towards addressing the market’s resources issue.
PSAA has published its Contract Monitoring Data Pack: Quarter 4 for 2021/22. The pack provides updated information regarding audit opinions as of 31 March 2022. The main headlines for this quarter include the growing backlog of unfinished audits, with over 40% of opted-in bodies preparing their 2021/22 financial statements with the prior year not completed. […]
Public Sector Audit Appointments Limited (PSAA) has today established a dynamic purchasing system (DPS) that will provide a new route to procure audit services for bodies that have opted to join its national scheme. The DPS is expected to be in place through to 2030 and will enable PSAA to tap into available audit capacity […]
We have published updates to our auditor appointment directories for 2020/21, 2021/22 and 2022/23 following our April updates from our audit suppliers. List of auditor appointments and scale fees – PSAA
PSAA is on track with its procurement of audit services for opted-in bodies for the audit of accounts from 2023/24 to 2027/28. The invitation to tender was issued as planned on 7 April 2022 and tenderers have until noon on 11 July 2022 to submit their responses.
We are pleased to present our Annual Quality Monitoring Report for 2019/20. This covers the work of local auditors appointed by PSAA for the 2019/20 financial year, which was undertaken during a difficult time for all concerned. We provide information from our quality monitoring arrangements throughout the year, publishing particular elements as they become available. […]
Welcome to our latest e-bulletin, and the main item is that an increased number of eligible bodies deciding to take up our offer of making an audit appointment on their behalf. Also in this edition we provide an update on our annual client survey and developments relating to local audit, along with final webinar of […]
PSAA has today announced that 470 (99%) out of 475 eligible bodies have joined its national scheme for local auditor appointments for the next appointing period, which will cover the audits for financial years 2023/24 to 2027/28. A full list of the opted-in bodies is available. PSAA invited all eligible bodies to join the scheme on 22 […]
PSAA is pleased to report that it has received acceptances from 400 eligible bodies to become opted-in authorities to the national scheme from April 2023. The latest date to notify PSAA of your opt-in decision is midnight on 11 March 2022. A full list of the opted-in bodies is available.