Tag: AQMM

ICAI Audit Quality Maturity Model (AQMM) review shall be applicable to Practice Units which are subject to Peer Review and auditing specified entities ICAI widens the scope of mandatory applicability of Audit Quality Maturity Model (AQMM) The ICAI’s Audit Quality Maturity Model (AQMM) is a mandatory self-assessment framework for …

ICAI launches Audit Quality Maturity Model version 2.0 (AQMM v 2.0) ICAI launches Audit Quality Maturity Model version 2.0 (AQMM v 2.0). The AQMM v 1.0 has been made mandatory w. e. f. April 1, 2023, to the firms auditing the following entities: (a) a listed entity; or …

Mandatory evaluation of the Audit Quality Maturity of the firms using Revised Audit Quality Maturity Model (AQMM Rev v1.0) – ICAI Announcement According to latest ICAI Announcement, w.e.f. 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation …