Fee variations consultation

The consultation set out our proposals to introduce new fee variation arrangements for audits from 2020/21 accounts, based on PSAA specifying national fee variations where appropriate changes in audit requirements occur. The consultation also proposed an increase in the fee rates for variations. These changes are to address concerns raised by auditors and audited bodies, many of whom have asked PSAA to take a national lead in relation to additional fees for changes in audit requirements.

The consultation proposal

Summary of the response to PSAA’s consultation on a proposed new system for fee variations

Outcome of PSAA research to consider options for national fee determinations