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The consultation has now closed. The Local Audit and Accountability Act 2014 provides the Comptroller and Auditor General with the power to issue guidance to auditors which may explain or supplement the provisions of the Code of Audit Practice. The Act requires auditors to have regard to such guidance. The new Code of Audit Practice […]

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June 10, 2020

The consultation has now closed.

The Local Audit and Accountability Act 2014 provides the Comptroller and Auditor General with the power to issue guidance to auditors which may explain or supplement the provisions of the Code of Audit Practice. The Act requires auditors to have regard to such guidance.

The new Code of Audit Practice came into force on 1 April 2020, after being approved by Parliament.  It was developed following a consultation process in 2019. The most significant changes to the new Code are in relation to auditors’ work on value for money arrangements. We have decided to consult on the detailed statutory guidance that will support auditors to deliver work under the new Code.

The consultation

This consultation sought views on the guidance to support auditors’ work on value for money arrangements.

The guidance will apply to audits of 2020-21 accounts onwards.