If your organisation meets the requirements to be treated as a smaller authority, it will automatically fall under the SAAA regime unless it opts to be treated as a ‘full audit authority.’
PSAA contracts with supplier firms to deliver audits for organisations that require an audit under the Local Audit and Accountability Act 2014.
Your organisation is covered by PSAA’s contractual arrangements for any financial years where an audit under the Code of Audit Practice is required. If your organisation has previously chosen to be a ‘full audit authority’ then it can decide to prepare accounts and change to being treated as a smaller authority through SAAA’s regime at any time.