Prospectus 2023 and beyond

PSAA published its scheme prospectus on 22 September 2021, alongside formally issuing invitations to all eligible bodies to opt into the national scheme for local auditor appointments for the next appointing period. This will span the audits of accounts for the five financial years 2023/2024 to 2027/2028.

During Autumn 2021 all local government and police bodies will need to make important decisions about their external audit arrangements for the period commencing from the financial year 2023/24.

In June 2021 we issued a draft prospectus and invited your views and comments on our early thinking on the development of the national scheme for the next period. We also held three webinars to provide an overview of the draft prospectus and to answer any questions. Our frequently asked questions include the questions covered in these sessions.

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.

During the Autumn/Winter period, we will be running a series of webinars aimed at S151 Officers and Audit Committee Chairs to provide the opportunity to find out more about aspects of our work.