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 […]
CIPFA has published its Bulletin 18 Local audit backlog in England | CIPFA following legislation bringing into effect backstop dates for authorities in England to publish final accountability statements. The bulletin provides guidance on what this will mean for local authority audits, in particular the types of modified opinions authorities may see and how auditors […]
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 […]
We have published updates to our auditor appointment directories following our October updates from our audit suppliers: You can also visit our pages that list all directories for 2018/19 to 2022/23 and 2023/24 to 2027/28.
This edition of our quarterly e-bulletin includes an update on the local audit backlog situation, our client survey for 2023/24 audits, and a summary of local audit news from elsewhere. We hope that you continue to find our e-bulletin to be useful. We welcome your thoughts on future topics that you would like us to […]
We are looking to appoint a dynamic and passionate Non-Executive Director to join our Board and work with our small but dedicated team, with a commitment of up to 20 days per annum. There are real challenges facing local public audit and ministers have been clear about their commitment to addressing these. PSAA, with others […]
The FRC has issued a guide on the Local Audit Backlog Rebuilding Assurance which explains how rebuilding assurance after a disclaimed opinion may work in practice on local government audits.
We have published our draft information paper for 2023/24 audits with the 2024/25 fee scale consultation. The information paper identifies the impact on fees of changes in standards and provides information on how opted-in bodies and auditors can work together to mitigate the amount of additional audit work needed. We will publish a final version […]
We are consulting on the proposed fee scale for 2024/25 audits. Information on the consultation and how to respond can be found on our website. The closing date for comments is 5pm on Thursday 10 October 2024. We are holding a webinar for opted-in bodies on 1 October from 1pm to 2.30pm to support our consultation […]