This week, we were really pleased to see an article from Rob Whiteman, CEO of CIPFA, recommending that eligible bodies opt in to our national scheme for auditor appointments, alongside talking about the recently announced measures to improve the vital issue of timeliness of local audit. Rob stresses the benefits of opting in to bring […]
PSAA is pleased to report that it has received acceptances from 100 eligible bodies to its opt-in invitation. A full list of the opted-in bodies is on our website. The latest date to notify PSAA of your opt-in decision is midnight on 11 March 2022.
PSAA welcomes DLUHC’s package of measures, which recognises that there is no easy or quick solution to the current challenges, and that there needs to be a whole system approach to making progress. The document helpfully sets out measures that are being evaluated as well as those that are being taken.
PSAA is keen to attract new audit suppliers including those looking to work alongside firms that are more experienced in this market. Very helpfully, ICAEW is offering to assist firms to make contact with each other with a view to exploring possible collaboration options. ICAEW has provided a summary of its role in relation to […]
PSAA is pleased to report that it has received acceptances from 50 eligible bodies to its opt-in invitation. A full list of the opted-in bodies is on our website. The latest date to notify PSAA of your opt-in decision is midnight on 11 March 2022.
This week we held our first market engagement webinar with potential suppliers for our 2022 audit services procurement. We walked through and took questions on the procurement strategy outlining our current thinking on lot structure, bidding rules, the basis for bid pricing and the indicative timescales. We were delighted to welcome representatives from registered local […]
Welcome to our fourth PSAA e-bulletin. This month we held the first of our market engagement webinars with potential suppliers, and the second in our Autumn Winter Webinar series which focussed on ‘Making Auditor Appointments”. We have continued to communicate on the preparations for next Appointing Period with an opinion piece from our Chair, Steve […]
Welcome to the third PSAA e-bulletin. In the last month it has been confirmed that only 9% of local government 2020/2021 audit opinions were issued by the target publishing date of 30 September 2021. This is a very disappointing position and you can read more about it below. The current challenges provided the backdrop to […]
Delayed audit opinions continue to be a major concern in the local audit system. The growing scale of the challenge is illustrated by the latest figures compiled by PSAA. As at the target date of 30 September 2021 only 9% of local government bodies’ 2020/21 audits have been completed. The position compares to completion of […]
Welcome to the second PSAA e-bulletin. This month alongside outlining details of the opt-in invitation which we issued to all eligible bodies on 22 September, we are publishing the results of our annual client survey based on the 2019/20 audits. We also highlight the outcome of our research to consider options for national fee determinations […]