Audit Quality Monitoring Report for the 2018/19 audits
PSAA has published its Audit Quality Monitoring Report for the 2018/19 audits. It covers the work of local auditors appointed by PSAA for the first time under the appointing person arrangements.
-
Read more of: Audit Quality Monitoring Report for the 2018/19 audits
-
Response to PSAA’s consultation on a proposed new system for fee variations
Read more of: Response to PSAA’s consultation on a proposed new system for fee variationsPSAA has published a response to its consultation on a proposed new system for fee variations and increased rate card.
-
Response to the NAO’s consultation on VFM arrangements guidance and Public Audit Forum exposure draft of Practice Note 10
Read more of: Response to the NAO’s consultation on VFM arrangements guidance and Public Audit Forum exposure draft of Practice Note 10PSAA has published its response to the NAO’s consultation on its Auditor Guidance Note (AGN 03) that provides guidance to auditors to support their work on value for money (VFM) arrangements. PSAA has also responded to the Public Audit Forum’s exposure draft of Practice Note 10, which sets out how UK public sector auditors apply […]
-
2019/20 annual report and accounts
Read more of: 2019/20 annual report and accountsPSAA 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.
-
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, […]
-
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 […]
-
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 […]
-
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.
-
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 […]
-
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 […]