More than 900 local authority audit opinions are outstanding and the government must take urgent action to clear the swelling backlog, Public Sector Audit Appointments has said.
Almost all eligible public bodies in England have registered for the national auditor procurement scheme run by Public Sector Audit Appointments from 2023, the oversight body has announced.
More than 90% of local authority audit opinions for 2020-21 missed the extended September deadline, according to oversight body Public Sector Audit Appointments.
Local authority procurement body Public Sector Audit Appointments will reassess its proposal to increase the number of audit lots following a mixed response from the sector.
Proposed reforms by local audit administrator Public Sector Audit Appointments will fail to bring smaller companies into the sector, according to a senior partner at a 60-strong accountancy firm.
Proposals released today putting a greater emphasis on quality in the awarding of local government audit contracts would see fees rise if adopted, according to an expert.
Government proposals on local audit have gained a qualified welcome from the sector – but questions still remain, say experts – PF rounds up the reaction.
The government has proposed making the replacement to the Financial Reporting Council the new system leader for local audit, following the Redmond Review.
More than half of local authority audit opinions for 2019-20 missed the extended 30 November deadline, according to oversight body Public Sector Audit Appointments.
The body created by the Local Government Association to oversee council audits following the abolition of the Audit Commission is considering plans to jointly procure contacts across the sector from...
