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 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 consultation opened on 12 September 2024 and will close at 5pm on Thursday 10 October 2024. The consultation explains how we propose to calculate the audit fees which will make up […]
PSAA has published its Contract Monitoring Data Pack: Quarter 1 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 as of 30 June 2024. A further 83 audit opinions were completed this quarter, resulting in […]
PSAA has published its Contract Monitoring Data Pack: Quarter 4 for 2023/24. 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 as of 31 March 2024. The timeliness of audit delivery remains a matter of major concern […]
PSAA has responded to the NAO’s consultation on changes to the Code of Audit Practice. The focus of this consultation was to support auditors to meet backstop dates and promote more timely reporting of their work on value for money arrangements.
PSAA has responded to DLUHC’s consultation on addressing the Local Audit Backlog in England. This consultation sought views on amending the Accounts and Audit Regulations 2015 as part of a package of cross-system measures to clear the backlog and put the system on a sustainable footing.
PSAA has published its Audit Quality Monitoring Report for 2023. Given the issues related to the local audit and reporting backlog, our report covers the work of local auditors appointed by PSAA for the 2021/22 and 2022/23 financial years and provides relevant related information. This report brings together the information from our client survey, the results […]
In May 2023 we appointed independent consultants Touchstone Renard to review our work to develop the national auditor appointment scheme for the audits from 2023/24, with a specific focus to: The final report and a standalone Executive Summary are complete. The report makes recommendations for PSAA including some relating to the next procurement, and contains […]
PSAA has published its Contract Monitoring Data Pack: Quarter 3 for 2023/24. 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 as of 31 December 2023. The audit backlog is at an unacceptable level. This quarter a […]