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News stories published prior to 2017 can be found in our archives

Steve Freer, PSAA’s Chair welcomes MHCLG’s response to Redmond Review at Local Government Association Finance Conference

Steve Freer, PSAA’s Chair, spoke to more than 350 delegates at the virtual LGA Finance Conference on Tuesday, 12 January.  The Conference was particularly well-timed coming so early in the New Year after MHCLG had published its initial response to the Redmond Review on 17 December. PSAA welcomes that MHCLG identified a raft of recommendations […]

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PSAA congratulates Board member Caroline Gardner, awarded CBE in New Year Honours List

PSAA is delighted to congratulate Board member Caroline Gardner who has been awarded a CBE for her services to the Scottish public sector in the 2021 New Year’s Honours List. Steve Freer, Chairman said:  “Everyone at PSAA is delighted by Caroline’s recognition in the New Year’s Honours.  She has been an outstanding Auditor General for Scotland and has made […]

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News release: 2019/20 audited accounts

Audit arrangements in local councils, police, fire and other local government bodies are continuing to exhibit signs of stress and difficulty. In the latest audit round, focusing on 2019/20 financial statements and value for money arrangements, fewer than 50% of bodies’ audits were completed by the revised target of 30 November. Figures compiled by PSAA, […]

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PSAA response to the FRC’s report on its inspection of major local audits in 2018/19

PSAA takes very seriously the Financial Reporting Council (FRC)’s report on its inspection of major local audits (MLA) in 2018/19. PSAA agrees with the FRC’s statement that high quality audit is essential to maintain stakeholder confidence by providing an independent, impartial view of an MLA body’s financial statements and arrangements in place to secure value for […]

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PSAA issues its response to Sir Tony Redmond’s review

Following the publication of Sir Tony Redmond’s review of financial reporting and auditing in local government bodies, PSAA has written to all Section 151 Officers and Audit Committee Chairs on 7 October outlining its response which is as set out below.   Dear Section 151 Officer/Audit Committee Chair Redmond Report As I am sure you […]

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NEWS RELEASE: PSAA responds to the NAO‘s consultation on VFM arrangements guidance and Public Audit Forum exposure draft of Practice Note 10

PSAA has responded to the NAO’s consultation on its Auditor Guidance Note (AGN 03) that provides guidance to auditors to support their work on value for money (VFM) arrangements. PSAA response to consultation on AGN-03 PSAA is supportive of the change to a VFM arrangements commentary in that it should enable auditors to add more […]

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PSAA publishes 2019/20 annual report and accounts

PSAA has published its 2019/20 annual report and accounts which cover the company’s fifth full year of operation. The company’s auditor, UHY Hacker Young LLP, issued an unqualified opinion on 24 July 2020. The 2019/2020 annual report and accounts can be found on the Annual report and accounts page.

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