If we decide to make local arrangements, can we specify what the audit covers?

Whether an auditor is appointed by PSAA or by local arrangements, the specification of a local audit is fixed. It is determined by the requirements of the:

  • NAO’s Code of Audit Practice which sets the scope of the audit;
  • the Code of Practice on Local Authority Accounting published by CIPFA/LASSAC which sets the format of the financial statements;
  • HM Treasury in respect of the arrangements for Whole of Government Accounts; and
  • FRC who regulate the work of auditor in the application of International Auditing Standards.