News release: PSAA consultation on a new approach to fee variations

We consulted in November 2020 on changes to fee variations arrangements, to introduce a new approach for national variations where changes in audit requirements relate to the conduct of all or most audits and where a standard cost can reasonably be estimated across groupings of bodies. The consultation also set out a proposed increase in the fee rates for additional work.

On the basis of the positive response to the consultation, PSAA has resolved to implement the proposed changes and published its response to the consultation.