We have published our updated Terms of Appointment (ToA) for audits from 2023/24 and all DPS procurements. The ToA is issued alongside the audit contracts to provide guidance to audit firms on the procedures and requirements for performing the audit services.
The changes include minor amendments to align with the 2024 Code of Audit Practice and revisions to the Financial Reporting Council’s Ethical Standard. We have also included a more comprehensive description of our contract management arrangements for the audits from 2023/24.