Auditors have reported issuing 224 disclaimed or qualified opinions due to the backstop of 28 February 2025 for the 2023/24 audits of accounts covered by PSAA’s appointing person scheme. There were 7 modified opinions that auditors have not attributed to the backstop, including 2 disclaimed opinions. There are a further 48 opinions that remain outstanding. […]
MHCLG has today published two lists in relation to compliance with the 13 December 2024 backstop. The list includes bodies yet to publish all audited accounts for financial years up to and including 2022/23 as of 19 February 2025, and bodies that had not published one or more audited accounts by 13 December 2024 but […]
CIPFA has issued its new Advisory Note Five: Statement of Responsibilities. The advisory notes offer guidance for local government Chief Finance Officers to declare their annual accounts are true and fair.
We have published updates to our auditor appointment directories following our January 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.
On 12 February the local audit system leadership responsibilities transferred from the FRC back to MHCLG. This transfer follows the launch in December 2024 of the Government’s strategy for overhauling the local audit system in England, including a commitment to establish a Local Audit Office.
We wrote to all firms on 18 December 2024 to explain our approach to audit fees for issuing a disclaimed audit opinion arising from the Government’s backlog solution, as we expected to receive their proposals from January 2025 onwards for this work. Our research showed that the firms’ approaches to the work to produce a […]
PSAA has published its Contract Monitoring Data Pack: Quarter 3 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 December 2024. 69 audit opinions are outstanding for audits up to 2022/23, which […]
We have recently published the number of audit opinions delivered up to 31 January 2025 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
This edition of our quarterly e-bulletin includes an update on the local audit backlog situation, details of our new Board and Audit Committee appointments, 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 topics that you would […]
PSAA is pleased to announce the appointment from 1 February of Alan Edwards, Irene Asare and Liz Murrall as Directors on the PSAA Board and of Adrian Lythgo as independent member on the Audit Committee. Current directors Fraser McKinlay and Marta Phillips are stepping down from the Board on 28 February and 31 March respectively. […]