PSAA has published the 2024/25 audit fee scale following consultation. Information on the fee scale and consultation can be found on our website. We welcome the feedback we received to our consultation and thank all those who took the time to provide their views. We will continue to feed the concerns raised by bodies into […]
PSAA has published its Contract Monitoring Data Pack: Quarter 2 for 2024/25. We produce quarterly reports on our contracted firms, building up information as the year progresses. The data pack covers audit opinions, approved fee variations and electors’ objections up to 30 September 2024. A further 38 audit opinions were completed this quarter, resulting in […]
We have adjusted some KPIs within the audit services contract and the first payment milestone to reflect the government’s decision to introduce backstop dates for the delivery of audit opinions, as part of its solution to restore timely audit delivery. We have also added a new KPI relating to the production of the draft Annual […]
Our next Local Audit Quality Forum event will take place on Friday 8 November from 11.15am to 12noon. This webinar is aimed at s151 Officers, Audit Committee (and equivalent) Chairs, and representatives from local audit firms. The webinar will see a panel of representatives from MHCLG, the FRC, the NAO, CIPFA and PSAA respond to […]
We have published updates to our auditor appointment directories following our October updates from our audit suppliers: You can also visit our pages that list all directories for 2018/19 to 2022/23 and 2023/24 to 2027/28.
We are looking to appoint a dynamic and passionate Non-Executive Director to join our Board and work with our small but dedicated team, with a commitment of up to 20 days per annum. There are real challenges facing local public audit and ministers have been clear about their commitment to addressing these. PSAA, with others […]
We have published our draft information paper for 2023/24 audits with the 2024/25 fee scale consultation. The information paper identifies the impact on fees of changes in standards and provides information on how opted-in bodies and auditors can work together to mitigate the amount of additional audit work needed. We will publish a final version […]
We are consulting on the proposed fee scale for 2024/25 audits. Information on the consultation and how to respond can be found on our website. The closing date for comments is 5pm on Thursday 10 October 2024. We are holding a webinar for opted-in bodies on 1 October from 1pm to 2.30pm to support our consultation […]
PSAA has published its Contract Monitoring Data Pack: Quarter 1 for 2024/25. We produce quarterly reports on our contracted firms, building up information as the year progresses. The data pack covers audit opinions, approved fee variations and electors’ objections as of 30 June 2024. A further 83 audit opinions were completed this quarter, resulting in […]
PSAA welcomes today’s MHCLG announcement on the action it will take to address the deeply concerning level of delayed local government audit opinions. We strongly support the commitment to ‘overhaul the local audit system to enable taxpayers to get better value for money’. MHCLG recognises the key role that effective audit has in ensuring transparency […]