To develop the Framework for Audit and Assurance Quality.
To develop the Audit Quality Maturity Model on the basis of Audit Quality Indicators.
To conduct Certificate courses to provide contemporary Education and Training in the area of audit and allied areas for continuous improvement of audit and assurance quality.
To conduct awareness programmes in physical / virtual mode for members to enable them to perform audit in compliance with auditing principles to enhance audit quality.
To develop new publications for the guidance of members which would enable them to improve their quality and also establish systems and processes within their practice.
To conduct and / or support Research and Innovation projects related to audit and assurance quality, best practices and emerging issues in the auditing profession.
To provide guidance to Board of Directors / Audit Committees to enhance their effectiveness in overseeing the financial reporting process and for improving Audit Quality.
To develop and enable access to cost-effective Digital and online Resources for accountants / accounting firms to facilitate smooth conduct of quality audit and assurance.
To deal with such other matters as the Council or the President may consider appropriate.
