Firms’ project cost fee variations: How has PSAA supported transparency and assessed whether the costs are reasonable and fair?

We reviewed the work claimed, the number of affected audits, the number of audit years outstanding, average costs per body, staff time and rates, and differences between firms. We challenged significant differences and included only costs linked to the backlog solution that we assessed as reasonable. We have published the total cost, the work covered, the allocation method and each body’s calculation. Detailed firm returns contain commercially sensitive staffing, rate and operational information and have not been published.