PSAA consultation on the fee scale for 2018/19 audits of opted-in bodies
The consultation sets out the proposed scale of fees for the work to be undertaken by appointed auditors in respect of the 2018/19 financial statement at bodies that have opted into PSAA’s national auditor appointment scheme.
We propose that scale audit fees for 2018/19 should reduce by 23 per cent, compared to the fees applicable for 2017/18. This reduction is possible as a result of the favourable prices secured from audit firms in the recent audit services procurement. It follows a period from 2012/13 to 2017/18 in which scale fees reduced significantly by an aggregate of 55 per cent.
Proposed scale fees for individual audited bodies 2018-19 are available.
Responding to the consultation
We hope you find this information useful and welcome your comments on our proposals. Please send comments by email to: email@example.com
The consultation closed on Monday 15 January 2018.