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 […]
Following consultation, PSAA has published the 2023/24 scale of audit fees for bodies that have opted into its national auditor appointment scheme. The scale fees for individual opted-in bodies can be viewed on the 2023/24 scale of fees page with a summary of the consultation responses. The 2023/24 fee scale is the first in the five-year appointing period […]
PSAA has updated its Corporate Governance Framework. These arrangements help us to achieve our core objectives as set out in our Articles of Association. This update includes a revision to our Procurement Committee terms of reference.
We have updated our Freedom of Information Policy. This sets out how to request information and how we will process your request.
PSAA has published its Contract Monitoring Data Pack: Quarter 2 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 30 September 2023. The audit backlog continues to be extremely concerning. Only 5 out […]
PSAA has published its 2022/23 annual report and accounts which cover the company’s eighth full year of operation. The company’s auditor, MacIntyre Hudson LLP, issued an unqualified opinion on 4 October 2023.
PSAA has published the findings of its survey of audited bodies’ feedback on their audits of 2021/22 accounts. The results provide feedback on how auditors have managed their relationships with audited bodies. The effectiveness of relationship management is one of the measures used to monitor the quality of audit services provided.
PSAA has published its Contract Monitoring Data Pack: Quarter 1 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 30 June 2023. The backlog of unfinished audits continues to be concerning, with 516 […]