ICAI has launched the Audit Quality Maturity Model (AQMM) version 1.0 which is recommendatory in nature, initially for 1 year and then it shall be made mandatory.
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The author, CA Jayprakash Pandey is a practicing Chartered Accountant (Founder of Jayprakash P & Company) having Office at Mumbai, with more than 5 years of professional cum practical experience, Direct Tax, International Taxation, Indirect Tax & FEMA related advisory, litigation & compliance matters.