A method and apparatus for limiting the absolute magnitude of an audio signal. The method may include firstly variable-gain reducing the gain of an audio signal, and then secondly variable-gain reducing the gain of the audio signal faster than the first variable-gain reduction, thereby limiting the absolute magnitude of the audio signal to a threshold. The first variable-gain reduction may include variable-gain reducing the gain of the audio signal in a first stage, and the second variable-gain reduction may include variable-gain reducing the gain of the audio signal in a second stage that reduces the gain faster than the first stage. The second variable-gain reduction may include delaying the audio signal, finding a peak among the delayed audio signal, calculating a fast gain from a found peak, and modifying the delayed audio signal with the calculated fast gain.