We were appointed to review, analyse, report and present on the options and factors for structuring a future procurement approach to maximise a sustainable supply of external audit services to local authorities (from 2023). This was an in depth review of the market for local audit work and included:
- Capturing the views of the current cohort of actual and potential audit providers concerning this objective.
- Carrying out further review and analysis of the specification in terms of procurement and possible options for achieving sustainability.
- Identifying and analysing other possible options for procurement and / or sustainability together with relevant issues and factors for PSAA to consider in securing a sustainable audit supply market and maximum opt-ins from eligible bodies.
Our report was published on the Public Sector Audits Appointments (PSAA) website and in June 2020 we delivered a webinar on the review in partnership with the Institute of Chartered Accountants in England and Wales (ICAEW).