Today, I witnessed the launching of AQuR system, a research carried out by a group of ARI members under the sponsorship of MAREF. The system which was developed allows SME audit firms who are members of MIA to self-assess their own audit quality. AQuR is premised on the dimensions proposed under the International Standard Quality Control (ISQC) of which all SME firms must comply. It was heartfelf to see so many practitioners participating in the seminar. I have no hesitation in believing that AQuR could be commercialised in the near future.
