Conversion of spectral components for encoding and low-complexity transcoding

Disclosed is a method of transcoding encoded audio information comprising: receiving a first encoded signal conveying quantized spectral information and coded spectral information, wherein the quantized spectral information comprises first quantized scaled values and first scale factors representing spectral components of an audio signal, wherein each first scale factor is associated with one or more first quantized scaled values, each first quantized scaled value is scaled according to its associated first scale factor, and each first quantized scaled value and associated first scale factor represent a respective spectral component; deriving second scale factors; allocating bits according to a first bit allocation process in response to one or more first control parameters and obtaining dequantized scaled values from the first quantized scaled values by dequantizing according to quantizing resolutions based on numbers of bits allocated by the first bit allocation process; allocating bits according to a secon