This year’s position on delayed audit opinions underscores the scale of the huge challenge that local audit is facing. At the publishing date of 30 November 2022, only 12% of local government bodies’ 2021/22 audit opinions have been given. Although this is slightly higher than last year’s 9%, this year’s publishing date is two months […]
PSAA has published the 2022/23 audit fee scale following consultation. Information on the fee scale and consultation is available. Most audit work under this fee scale will be undertaken from April 2023 onwards. The 2022/23 fee scale is the last in the current appointing period which is under the 2017 audit contracts. New contracts will apply […]
We have published updates to our auditor appointment directories for 2020/21, 2021/22 and 2022/23 following our October updates from our audit suppliers. List of auditor appointments and scale fees – PSAA
PSAA’s recent procurement of local audit services was a tense and testing experience. From its outset it was a huge challenge to secure sufficient capacity for all the opted-in bodies. Steve Freer, PSAA’s Chair, in a recent article discusses the importance of strengthening and developing the local audit system, in readiness for the next main […]
PSAA has published its Contract Monitoring Data Pack: Quarter 2 for 2022/23. The pack provides updated information regarding audit opinions as of 30 September 2022. The main headline for this quarter remains the backlog of unfinished audits for 2020/21. A year after the publishing date 35% of opted in bodies do not have a financial […]
Steve Freer, PSAA’s Chair, shares his thoughts in an article that considers the wider local audit landscape. This follows our announcement of the outcome of our recent audit services procurement. The article provides a behind the scenes look at the procurement. It gives a flavour of the nature of the actions which need to be […]
On 17 October we commenced our consultation on the proposed auditor appointments for all opted-in bodies for audits from 2023/24 to 2027/28. We sent the email to s151 Officers and copied in the Audit Committee Chair and Chief Executive. If you have not received your email please contact us at generalenquiries@psaa.co.uk. Under regulation 13 of […]
Today Public Sector Audit Appointments Ltd (PSAA) announces the outcome of its procurement of audit services for the 470 local government, police and fire bodies (99% of eligible local bodies) that have opted into its national scheme for the next appointing period spanning the audits from 2023/24 to 2027/28. The procurement has taken place against […]
PSAA has responded to the Public Audit Forum consultation on Practice Note 10 – Audit of Financial Statements of Public Sector Bodies in the UK (revised). Practice Note 10 is an important document as it sets out how auditors of public sector bodies in England, Scotland, Northern Ireland and Wales apply auditing standards to their work […]
Following the passing of Her Majesty The Queen, PSAA offers its condolences to her family and all who are impacted by the loss of our monarch after an incredible lifetime of devoted service. We also commemorate her leadership and her unwavering dignity throughout her life.