2023/24 annual report and accounts
PSAA has published its 2023/24 annual report and accounts which cover the company’s eighth full year of operation. The company’s auditor, MacIntyre Hudson LLP, issued an unqualified opinion on 11 August 2024.
-
Read more of: 2023/24 annual report and accounts
-
Contract Monitoring Data Pack: Quarter 1 for 2024/25
Read more of: Contract Monitoring Data Pack: Quarter 1 for 2024/25PSAA has published its Contract Monitoring Data Pack: Quarter 1 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 as of 30 June 2024. A further 83 audit opinions were completed this quarter, resulting in […]
-
Contract Monitoring Data Pack: Quarter 4 for 2023/24
Read more of: Contract Monitoring Data Pack: Quarter 4 for 2023/24PSAA has published its Contract Monitoring Data Pack: Quarter 4 for 2023/24. 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 2024. The timeliness of audit delivery remains a matter of major concern […]
-
PSAA response to NAO consultation on changes to the Code of Audit Practice
Read more of: PSAA response to NAO consultation on changes to the Code of Audit PracticePSAA has responded to the NAO’s consultation on changes to the Code of Audit Practice. The focus of this consultation was to support auditors to meet backstop dates and promote more timely reporting of their work on value for money arrangements.
-
PSAA response to DLUHC consultation to address the Local Audit Backlog in England
Read more of: PSAA response to DLUHC consultation to address the Local Audit Backlog in EnglandPSAA has responded to DLUHC’s consultation on addressing the Local Audit Backlog in England. This consultation sought views on amending the Accounts and Audit Regulations 2015 as part of a package of cross-system measures to clear the backlog and put the system on a sustainable footing.
-
Audit Quality Monitoring Report for 2023
Read more of: Audit Quality Monitoring Report for 2023PSAA has published its Audit Quality Monitoring Report for 2023. Given the issues related to the local audit and reporting backlog, our report covers the work of local auditors appointed by PSAA for the 2021/22 and 2022/23 financial years and provides relevant related information. This report brings together the information from our client survey, the results […]
-
Independent review of PSAA’s preparations for the second appointing period
Read more of: Independent review of PSAA’s preparations for the second appointing periodIn May 2023 we appointed independent consultants Touchstone Renard to review our work to develop the national auditor appointment scheme for the audits from 2023/24, with a specific focus to: The final report and a standalone Executive Summary are complete. The report makes recommendations for PSAA including some relating to the next procurement, and contains […]
-
Contract Monitoring Data Pack: Quarter 3 for 2023/24
Read more of: Contract Monitoring Data Pack: Quarter 3 for 2023/24PSAA has published its Contract Monitoring Data Pack: Quarter 3 for 2023/24. 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 December 2023. The audit backlog is at an unacceptable level. This quarter a […]
-
2023/24 scale of fees
Read more of: 2023/24 scale of feesFollowing consultation, PSAA has published the 2023/24 scale of audit fees for bodies that have opted into its national auditor appointment scheme. The scale fees for individual opted-in bodies can be viewed on the 2023/24 scale of fees page with a summary of the consultation responses. The 2023/24 fee scale is the first in the five-year appointing period […]
-
Corporate Governance Framework – 2023 update
Read more of: Corporate Governance Framework – 2023 updatePSAA has updated its Corporate Governance Framework. These arrangements help us to achieve our core objectives as set out in our Articles of Association. This update includes a revision to our Procurement Committee terms of reference.