Dan Peters Tuesday, October 22, 2024

LGA warning over audit fees

The Local Government Association (LGA) has warned it is ‘very likely' there will be ‘significant' audit fee variations for 2024-25 as the accounts backlog is eliminated.

Public Sector Audit Appointments (PSAA) has proposed a 9.5% increase on the 2023-24 scale fees to cover the ‘additional audit work required under revised standards and a contractual inflationary increase payable to audit firms for 2024-25'.

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#LGA #Audit #Fees

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