This document is an exposure draft of the Audit Quality Maturity Model (AQMM) version 1.0, developed by ICAI. It's an evaluation matrix designed for audit firms to self-assess their current audit maturity, identify areas for improvement, and create a roadmap for enhancement. The draft is open for public comments for 15 days before its final release. This model is particularly relevant for firms auditing listed entities, banks (excluding co-operative banks), and insurance companies.