Frequently Asked Questions

What arrangements are in place to ensure GDPR compliance in the audit contracts?

The contracts that provide for PSAA to appoint the auditor to an opted-in authority are between PSAA and the audit firms, and authorities are not party to the contracts. Once appointed, an audit firm has a statutory relationship with the authority. Our contracts require audit firms to comply with the requirements of all relevant legislation, […]

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What can I expect from PSAA once an auditor appointment has been made?

PSAA will provide effective management of the contracts with appointed audit firms. Details of our contract management arrangements can be found in these FAQs under the topic Contract Management. We will meet regularly with the public sector leads at each contracted firm and ensure that matters concerning opted-in bodies are brought to their attention. In […]

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What has the market told you about what is needed to deliver sustainability especially new entrants and will existing firms work with potential new competitors?

In 2020 PSAA commissioned independent research from Touchstone Renard to review the sustainability of the local government audit market.  The proposals outlined in our market engagement were informed by the outcome of this research alongside other research and our day-to-day communications with audit suppliers. During the summer of 2021, we considered the feedback provided by […]

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What is an appointing person and which bodies are eligible to opt in?

Public Sector Audit Appointments Limited (PSAA) has been specified as an appointing person under the Local Audit and Accountability Act 2014 and the Local Audit (Appointing Person) Regulations 2015, and has had the power to make auditor appointments for audits of the accounts from 2018/19 onwards on behalf of eligible principal local government bodies that […]

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What is built into the proposed approach to drive the timely delivery of audits?

The local audit system working together as a whole is the most effective way to drive the timely delivery of audits. However, it is important to recognise that any improvements will take time to materialise given the nature of retrospective audits and the significant number of delayed audits. DLUHC has stated in its Spring statement […]

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What is PSAA doing alongside other local audit stakeholders to help design and implement a system which is more stable, more resilient, and more sustainable?

Since 2018 PSAA has taken a number of initiatives to improve the operation of the scheme for the benefit of all parties including: proactively and constructively engaging with the numerous high-profile industry reviews, including the significant Redmond Review into Local Authority Financial Reporting and External Audit; commissioning an independent review undertaken by Cardiff Business School […]

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What is the process for making auditor appointments for the appointing period?

PSAA has made appointments to all bodies that decided to opt into the scheme for the five-year appointing period from 2018/19 to 2022/23. We have published our approach to auditor appointments 2017. If you have a specific enquiry about the scheme for this period, please contact us at [email protected] We are currently developing our approach […]

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