Appointing period 2023/24 – 2027/28

In accordance with the Local Audit and Accountability Act 2014 and the Local Audit (Appointing Person) Regulations 2015 (the Regulations), on 22 September 2021 PSAA (a specified appointing person) formally invited all eligible bodies to become opted-in authorities for the five consecutive financial years commencing 1 April 2023 (the compulsory appointing period) which covers the audit years 2023/2024 to 2027/2028.

A decision to become an opted-in authority must be taken in accordance with the Regulations by the members of an authority meeting as a whole [typically Full Council or equivalent], except where the authority is a corporation sole, such as a police and crime commissioner, in which case this decision can be taken by the holder of that office.

Prior to this, in June 2021, we issued a draft prospectus and invited views and comments on our early thinking on the development of the national scheme for the next period. Feedback from the sector and the market has been extremely helpful and has enabled us to refine our proposals which are now set out in the scheme prospectus and our procurement strategy. Both documents contain information that you may find helpful.

Given the very challenging local audit market, we believe that eligible bodies are best served by opting to join the scheme. We believe that the national scheme has many benefits and is the best solution both for individual bodies and the sector as a whole.

Following the completion of the procurement of audit services (which we envisage will be around August 2022), we will commence the auditor appointment process.

We have prepared a set of frequently asked questions that aims to address the often-asked questions.

If you have a specific enquiry about this topic please contact us at [email protected]