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 the market and confirmed our approach to support the drive towards a more sustainable market for local public audit services. We summarised the outcome of the market engagement in a report that we published in autumn 2021.