MHCLG amendment to the Major Local Audit threshold
MHCLG has amended the Regulations on the Major Local Audit threshold as part of their wider local audit reform strategy – The Local Audit (Major Local Audit) (Amendment) Regulations 2025.
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Read more of: MHCLG amendment to the Major Local Audit threshold
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July 2025 update
Read more of: July 2025 updateThis edition of our quarterly e-bulletin includes an update on local audit reform, details of our consultation on the 2025/26 fees, and a summary of local audit news from elsewhere. We would like to thank all the Directors of Finance and Audit Committee Chairs (over 325) who took the time to complete our client survey […]
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An update from FRC following the local audit system reset
Read more of: An update from FRC following the local audit system resetThe FRC provided an update on how they will support the local audit system following the government’s local audit reform announcement last year. The FRC will not perform routine inspections of local government major local audits (MLAs) for audits up to 31 March 2025, unless there is a clear case in the public interest to […]
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MHCLG publication of the non-compliance list for audits up to 2023/24
Read more of: MHCLG publication of the non-compliance list for audits up to 2023/24MHCLG has published a list in relation to compliance with the 28 February 2023/24 backstop. The list includes bodies yet to publish all audited accounts for financial years up to and including 2023/24 as of 20 May 2025. The government has contacted all bodies and their auditors included on the list to inform them of […]
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June 2025: audit opinion data
Read more of: June 2025: audit opinion dataWe have published the number of audit opinions delivered up to 30 June 2025 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
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NAO issues LARRIG 06
Read more of: NAO issues LARRIG 06The NAO has published its Local Audit Reset and Recovery Implementation Guidance (LARRIG) 06. This relates to special considerations for rebuilding assurance for specified balances following backstop-related disclaimed audit opinions. The LARRIGs are intended to support the reset and recovery of local audit in England and will be in place for a limited period.
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May 2025: audit opinion data
Read more of: May 2025: audit opinion dataWe have published the number of audit opinions delivered up to 31 May 2025 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
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May 2025 update
Read more of: May 2025 updateThis 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 […]
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Contract Monitoring Data Pack: Quarter 4 for 2024/25
Read more of: Contract Monitoring Data Pack: Quarter 4 for 2024/25PSAA 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 […]
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FRC publishes its insights into the NHS audit market
Read more of: FRC publishes its insights into the NHS audit marketThe 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.