This edition of our quarterly e-bulletin covers news from MHCLG including its response to the submissions to its reform consultation, a reminder about the payment of audit fees, and a summary of local audit news from elsewhere. We hope that you continue to find our e-bulletin to be useful. We welcome your thoughts on future […]
PSAA has published its Contract Monitoring Data Pack: Quarter 4 for 2024/25. We produce quarterly reports on our contracted firms, building up information as the year progresses. The data pack covers audit opinions, approved fee variations and electors’ objections up to 31 March 2025. 42 audit opinions are outstanding for audits up to 2023/24, which […]
The FRC has published its study into the audit market for NHS providers and Integrated Care Boards. The report supports the government’s reform of the wider local audit system.
We have recently published the number of audit opinions delivered up to 30 April 2025 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
We have published updates to our auditor appointment directories following our April updates from our audit suppliers: You can also visit our pages that list all directories for 2018/19 to 2022/23 and 2023/24 to 2027/28.
MHCLG issued a press release on 9 April announcing 16 new commitments for local audit reform following its open consultation, including simplifying financial reporting requirements and increasing capacity to avoid reliance on a small number of auditors. The reforms are backed by £49 million to help bodies clear their backlogs and restore audit assurance. The […]
We have recently published the number of audit opinions delivered up to 31 March 2025 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
We are pleased to present our Audit Quality Monitoring Report covering the work of local auditors appointed by PSAA for audits from 2018/19 to 2022/23, including those audits completed by 13 December 2024 backstop date. This is the final report under the first appointing period contracts. This report is shorter than in previous years as […]
The FRC has published its Strategy for 2025-28 and its Annual Business Plan and Budget for 2025-26. This is the first three-year strategy delivered by the regulator since 2023.
We have recently published the number of audit opinions delivered up to 28 February 2025 on our website. Please note we have introduced data for Pension Fund audits across all years for completeness. As 28 February 2025 was also the backstop date for the 2023/24 audits, we issued a press release earlier today on the […]