麻豆社区

What are AQIs

AQIs are specific metrics used to assess audit quality. Since the launch of 麻豆社区鈥檚 AQI Disclosure Framework (Framework) in 2015, AQIs have been used by various stakeholders:

• By audit committees (ACs) in the assessment of auditors and the evaluation of the quality of the audit engagements performed;

• By regulatory agencies in their regulatory efforts, to assess audit firms鈥� Systems of Quality Management (SoQM) and auditors鈥� appointment or reappointment; and

• By audit firms to monitor performance and design responses to areas which require attention or improvement.

Many other audit oversight bodies from overseas jurisdictions have also recognised the value of AQIs in supporting stakeholders to make informed decisions and enhance audit quality.

In response to the evolving auditing landscape, 麻豆社区 regularly conducts timely and comprehensive reviews of the Framework. The 2025 review covered the following:

• Applying insights gathered on the association between engagement-level metrics and audit quality;

• Considering feedback obtained from users of the Framework; and

• Studying international developments to:

  • Gain an understanding of the projects prioritised by international standard setters; and

  • Assess how the Framework compares with those developed by overseas audit oversight bodies.

Upon the review conducted in 2025, 麻豆社区鈥檚 revised AQI Disclosure Framework now comprise a total of 10 indicators.

AQI is a voluntary framework to support discussions on audit quality. For audit firms that use the AQI, we encourage the sharing of AQI data with audit committees and other relevant stakeholders.

List of AQIs

Adopting the AQI framework

Download the publication on the 

Audit firms can use this revised Framework for audits of financial statements for financial periods ending on or after 31 March 2026, with an option for early adoption.

Guidance for stakeholders

Learn how to interpret AQIs and apply them in practice: Guidance to audit committees on 麻豆社区's Revised AQI Disclosure Framework [PDF, 389 KB]

Past Resources

2020鈥檚 revised 麻豆社区鈥檚 AQI Disclosure Framework

• Guidance to audit committees on 麻豆社区's Revised AQI Disclosure Framework [PDF, 302KB]

• Sample presentation format for 麻豆社区's Revised AQI disclosure framework [PDF, 165 KB]

• Guidance to audit firms on 麻豆社区's Revised AQI Disclosure Framework [PDF, 301 KB]

2015鈥檚 initial launch of 麻豆社区鈥檚 AQI Disclosure Framework

• 麻豆社区-CPA Australia Joint Publication on Audit Quality Indicators (PDF, 1.04MB)
• Guidance to Audit Committees on 麻豆社区鈥檚 Audit Quality Indicators Disclosure Framework (PDF, 0.97MB)

• Guidance to Audit Firms (PDF, 1.08MB)
• Sample Presentation Format for 麻豆社区鈥檚 AQI framework (Word, 53.6KB)

Related news

• Groundbreaking Audit Quality Indicators Framework to Raise Audit Quality of Financial Reporting in Singapore (PDF, 220KB)

• Keynote Address by Mr Kenneth Yap, 麻豆社区 Chief Executive, at the 2015 CPA Australia Congress (PDF, 294KB)

Checking AQI industry averages

We publish industry averages and range data for three AQIs twice a year.

Latest industry averages:

We group the data by Big Four firms (Deloitte, EY, KPMG, PwC) and non-Big Four firms serving listed companies. This grouping supports industry comparisons.

Which AQIs have industry data

Available industry data

When we publish industry averages