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. […]
On 18 December MHCLG launched a consultation on Local audit reform: a strategy for overhauling the local audit system in England. We welcomed the strategy to develop a more cohesive system geared to the sector’s needs that provides assurance over the use of public money. The strategy commits to a series of measures to fix […]
We have recently published the number of audit opinions delivered up to 31 December 2024 on our website. Data for previous months can be viewed on our monthly audit opinion data page.
CIPFA LASAAC has issued its annual consultation on the 2025/26 Code of Practice on Local Authority Accounting in the UK (the Code). This will apply to accounting periods starting on or after 1 April 2025. The deadline for responses is 14 February 2025.
Auditors have reported issuing 361 disclaimed opinions due to the backstop as of 13 December 2024 for the years up to 2022/23. The 40 non-standard opinions in the table below include 8 disclaimed opinions that auditors have not attributed to the backstop. There are a further 77 opinions that remain outstanding for the years 2018/19 […]
PSAA welcomes MHCLG’s local audit reform strategy, which follows on from Monday’s announcement of the intention to create a new local audit body. We are strong advocates of overhauling the local audit system. Despite sustained and determined effort by system partners the current arrangements have not enabled resolution of the issues. This has resulted in […]