Consultation on proposed new system for fee variations (November 2020)

Responding to the consultation

We welcome comments on the proposals contained in this document. Please send feedback using this link: The link is to is to an online survey, using the questions set out below (there is an option to make additional comments on each question). The consultation will close on Tuesday 1 December 2020.

Consultation response questions

  1. Do you agree that fee variation arrangements should be changed to improve the efficiency of the process and to help manage the pressures on senior finance staff and auditors?
  2. Do you agree that a system based on two distinct categories – national variations and local variations – would be a logical approach?
  3. Do you agree that PSAA should lead on national variations, carrying out research to enable it to assess appropriate additional fees for groups of bodies with similar characteristics, with appropriate consultation?
  4. Do you agree that local discussions between the auditor and the audited body should continue to be a requirement in relation to additional audit work arising from factors which are specific to a particular audited body?
  5. Do you agree that the fee rates applicable to fee variations should be increased in recognition of the importance of maintaining a sustainable local audit market?
  6. Any other comments.

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