Next steps
We hope the information in this briefing is helpful to opted-in bodies and auditors to support discussion of fee variations for additional audit work requirements for 2022/23.
Once the ongoing impact of changes in requirements is clear following the relevant implementation period, we consider appropriate adjustments to scale fees where there is a substantial change in the work required. PSAA’s objective is to ensure that fee variations for ongoing audit requirements are included in the fee scale, so that individual scale fees reflect current audit needs.
We welcome questions or feedback on this document – please contact us at workandfeesconsultation@psaa.co.uk.