In accordance with the Local Audit and Accountability Act 2014 and the Local Audit (Appointing Person) Regulations 2015 (the Regulations), PSAA formally invited all eligible principal local government bodies to become opted-in authorities. The length of the appointing period covered by the opt-in invitation is for the audit of the accounts for the five consecutive financial years from 1 April 2018.
The initial opt-in invitation period closed on 9 March 2017.
We were delighted that out of a total of 494 bodies eligible to join the scheme at the time of the opt-in period in 2017, 484 took the decision to opt in. Such strong support gives the scheme critical mass to enable it to deliver the optimum results for member bodies.