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Audit Quality Maturity Model- A Tool for Audit Firms to self-evaluate their Current Audit Maturity Level

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The Audit Quality Maturity Model -Version 1.0 (AQMM v1.0) is a capacity-building measure initiated by ICAI.

The objective of this Evaluation Matrix is for sole proprietors and Audit firms to be able to self-evaluate their current level of Audit Maturity, identify areas where competencies are good or lacking and then develop a road map for up[1]grading to a higher level of maturity.

It is a cross-functional model and covers operations, HR and functional setup of the firm.

It also covers engagement teams, firm leadership, IT helpdesk, audit tools, human resources team, administration department, legal cell, networking, and the management information systems desk of the firm.



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