CIPFA issues statement on financial reporting deadline
On 31 May CIPFA issued a statement on the statutory financial reporting deadline for local government.
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Read more of: CIPFA issues statement on financial reporting deadline
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NAO publishes guidance note for auditors on pension valuation issue
Read more of: NAO publishes guidance note for auditors on pension valuation issueThe NAO published a supplementary guidance note for auditors on 18 May – Considering the impact of the Local Government Pension Scheme 2022 Triennial Valuation. This is in relation to the pension valuation issue.
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The NAO issues guidance to Audit Committees on quality assurance of models
Read more of: The NAO issues guidance to Audit Committees on quality assurance of modelsOn 16 May the NAO issued the following guidance for audit committees – Quality assurance of models: a guide for audit committees..
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CIPFA publishes report on sustainability reporting in the public sector
Read more of: CIPFA publishes report on sustainability reporting in the public sectorOn 24 April CIPFA published a major report on sustainability reporting in the public sector providing guidance, best practice and advice to help public sector bodies prepare sustainability reports – Public sector sustainability reporting: time to step it up.
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Timeliness of local auditor reporting
Read more of: Timeliness of local auditor reportingOn 23 June the Public Accounts Committee published a report on the Timeliness of local auditor reporting. The Committee asked DLUHC to explain how it is tackling the longstanding problems facing the sector.
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Local Audit Quality Forum: Interview and Q&A with Neil Harris – 3 July 2023
Read more of: Local Audit Quality Forum: Interview and Q&A with Neil Harris – 3 July 2023PSAA’s next Local Audit Quality Forum event is on 3 July. Neil Harris, the FRC’s Director of Local Audit, will be discussing the recent system-wide work to find a solution to the local audit backlog, with PSAA Chair Steve Freer. The event is aimed at s151 Officers and Audit Committee (and equivalent) Chairs. It will […]
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Contract Monitoring Data Pack: Quarter 4 for 2022/23
Read more of: Contract Monitoring Data Pack: Quarter 4 for 2022/23PSAA has published its Contract Monitoring Data Pack: Quarter 4 for 2022/23. 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 as of 31 March 2023. The backlog of unfinished audits continues to be concerning, with 545 audit […]
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Latest update to auditor appointment directories
Read more of: Latest update to auditor appointment directoriesWe have published updates to our auditor appointment directories following our April updates from our audit suppliers: You can also visit our page that lists all directories for 2018/19 to 2022/23.
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April 2023 update
Read more of: April 2023 updateThis edition of our quarterly e-bulletin includes last month’s Public Accounts Committee evidence session on audit timeliness, our Business Plan, our Audit Quality Monitoring Report for 2022, and a summary of local audit news from elsewhere, including an important opportunity for you to have a say on how the Whole of Government Accounts process could […]
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PSAA publishes its report on 2020/21 audits
Read more of: PSAA publishes its report on 2020/21 auditsWe are pleased to present our Annual Quality Monitoring Report for 2022. This covers the work of local auditors appointed by PSAA for the 2020/21 financial year, and is the third consecutive report undertaken during challenging times for all local audit stakeholders. We provide information from our quality monitoring arrangements on a quarterly basis throughout the […]