Annual Audit Quality Monitoring report
We produce an Annual Audit Quality Monitoring report under the Appointing Person arrangements. It covers three headline indicators of compliance with professional regulation, client satisfaction, and contractual compliance, with relevant supporting information.
For 2021/22 and 2022/23, given the issues related to the local audit and reporting backlog, our published report covers the work of local auditors appointed by PSAA for both financial years and provides relevant related information.
Our annual report for 2023 was published in February 2024.
Annual client survey
We decided not to run an annual client survey on the 2022/23 audits due to the developments regarding proposals to tackle the local audit backlog in England.
The Minister of State for Housing, Communities and Local Government (MHCLG), laid a written ministerial statement in Parliament on 30 July 2024. This proposed setting a statutory backstop date of 13 December 2024 to clear the backlog of unaudited accounts up to and including the financial year 2022/23.
On 9 September 2024, the Government laid in Parliament two pieces of legislation which would give effect to these proposals: the Accounts and Audit (Amendment) Regulations 2024, which came into force on 30 September 2024.