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KembaraXtra – Legal Terms – Public Sector Audit Appointments Ltd (PSAA)
Public Sector Audit Appointments Ltd is an independent company limited by guarantee established in 2014 by the Local Government Association. It was created to perform certain functions that had previously been carried out by the Audit Commission. The Secretary of State delegated transitional statutory functions to PSAA under powers provided by the Local Audit and Accountability Act 2014. The company operates independently in overseeing audit arrangements within local public bodies.
PSAA is responsible for appointing auditors to local government bodies, police authorities, and local NHS organizations. It also sets audit fees and arranges certification of housing benefit subsidy claims. These functions help ensure accountability, transparency, and proper financial management in the public sector. By supervising audit arrangements, PSAA supports public confidence in the financial administration of local authorities and related bodies. The organization therefore forms an important part of modern public financial oversight in the United Kingdom.
Public Sector Audit Appointments Ltd is an independent company limited by guarantee established in 2014 by the Local Government Association. It was created to perform certain functions that had previously been carried out by the Audit Commission. The Secretary of State delegated transitional statutory functions to PSAA under powers provided by the Local Audit and Accountability Act 2014. The company operates independently in overseeing audit arrangements within local public bodies.
PSAA is responsible for appointing auditors to local government bodies, police authorities, and local NHS organizations. It also sets audit fees and arranges certification of housing benefit subsidy claims. These functions help ensure accountability, transparency, and proper financial management in the public sector. By supervising audit arrangements, PSAA supports public confidence in the financial administration of local authorities and related bodies. The organization therefore forms an important part of modern public financial oversight in the United Kingdom.
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