Frequently Asked Questions

Fees for new recurring audit requirements are only consolidated into the scale fee once we have sufficiently reliable information on the level of ongoing audit work needed. The audit work for ISA (UK) 315 (risks of material misstatement) and linked work on ISA (UK) 240 (fraud) has been included in the 2024/25 scale fees, but we process it as fee variations for 2022/23 and 2023/24 because the Regulations do not allow us to update those scale fees once set, i.e. after 30 November 2022 and 2023 respectively. 

The independence requirements for all auditors in the local public audit regime are the same, whether locally appointed or part of the appointing person regime. These requirements are specified by the Financial Reporting Council in the Ethical Standard and applied to local public audit as determined by the NAO.

The services that an auditor can provide are the same whether appointed by PSAA or through local arrangements.

As the Appointing Person, PSAA performs the role otherwise required of an Independent Auditor Panel to advise the body on ensuring the independence of the auditor (Local Audit and Accountability Act 2014 section 10(1)).