2019/20 annual report and accounts
PSAA has published its 2019/20 annual report and accounts which cover the company’s fifth full year of operation. The company’s auditor, UHY Hacker Young LLP, issued an unqualified opinion on 24 July 2020.
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Read more of: 2019/20 annual report and accounts
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Market Engagement Summary of Responses
Read more of: Market Engagement Summary of ResponsesFollowing the conclusion of the market engagement exercise undertaken during June 2020, PSAA has published its summary of responses. The exercise sought views from all registered firms to inform PSAA’s consideration of whether a further procurement would be appropriate in order to try to attract additional, good quality capacity into the market, and if so, […]
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Client feedback on their audits of 2018/19 accounts
Read more of: Client feedback on their audits of 2018/19 accountsPSAA has published its findings of the survey of audited bodies feedback on their audits of 2018/19 accounts. A new approach to the survey has been introduced which incorporates a number of changes compared to previous years. To assure independence and confidentiality, PSAA has commissioned the LGA’s Research & Information team to administer the survey […]
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Independent analysis of the outcomes of electors’ objections
Read more of: Independent analysis of the outcomes of electors’ objectionsA unique element of the local government accountability framework is the long-held rights of local electors to inspect accounts and related documents, and to object to auditors about issues of concern. In recent times electors have been able to access far more data and information than when the right to object was originally enacted, because […]
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2020/21 scale of fees
Read more of: 2020/21 scale of feesPSAA has published the scale of audit fees for 2020/21 audits for bodies that have opted into its national auditor appointment scheme. This includes the consultation response summary. The scale fees for individual opted-in bodies are now available to view on the 2020/21 scale of fees page.
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Independent review of the sustainability of the local government audit market
Read more of: Independent review of the sustainability of the local government audit marketPSAA has commissioned the independent review Future Procurement and Market Supply Options. The review was undertaken by an independent consultancy, Touchstone Renard (TR) and looks at the sustainability of the local government audit market. PSAA commissioned this work in its role as the ‘appointing person’ for the national scheme for the appointment of external auditors […]
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Response to Sir Tony Redmond review
Read more of: Response to Sir Tony Redmond reviewSir Tony Redmond is leading an independent review into the arrangements in place to support the transparency and quality of local authority financial reporting and external audit in England. PSAA has responded to the call for evidence along with an introductory note that sets out the key issues. PSAA’s response to the NAO’s proposed Code […]
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2018/19 annual report and accounts
Read more of: 2018/19 annual report and accountsPSAA has published its 2018/19 annual report and accounts which cover the company’s forth full year of operation. The company’s auditor, UHY Hacker Young LLP, issued an unqualified opinion on 18 July 2019.
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Response to NAO Consultation on Revised Code of Audit Practice
Read more of: Response to NAO Consultation on Revised Code of Audit PracticeThe NAO are revising the Code of Audit Practice which will determine the scope of local audits from 2020/21. PSAA has published its response to the first stage of the consultation.
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2019/20 scale of fees
Read more of: 2019/20 scale of feesPSAA has published the scale of audit fees for 2019/20 audits for bodies that have opted into its national auditor appointment scheme. The scale fees for individual opted-in bodies are now available to view on the 2019/20 scale of fees page with a summary of the consultation responses.