Circular 32 of 2024: Analysis of industry responses to the AQI publication

The Council for Medical Schemes (CMS) issued Circular 10 of 2023 which invited medical schemes, audit committees and auditors to comment on the proposed CMS Audit Quality Indicators.

The purpose of this circular is to summarise and provide an analysis of the feedback received from the industry regarding the use of audit quality indicators (AQIs) as a replacement of the current CMS auditor accreditation model.

Feedback was received from the following entities:

• IRBA
• Discovery Health Medical Scheme
• Libcare Medical Scheme
• PricewaterhouseCoopers Inc
• BDO Inc

Download the Circular here.