The Indian Audit and Accounts service is under the Control of the CAG. The Controller and Auditor General of India (CAG) is one of the many Constitutional authorities, like the Chairman of Union Public Service Commission. He/she is responsible for maintenance of accounts in the states as well as Audit of Accounts of the Union as well as the State Governments. In the discharge of his duties, the Comptroller & Auditor General of India conducts both regularity audit and efficiency-cum-performance audit of all units and formations of the Union and State Governments Companies, Autonomous bodies and those organisations that are financed by the Union and State Governments. In addition to this Comptroller & Auditor General of India is responsible for the compilation of accounts of the State Governments and in many states, regulation and authorisation of entitlements such as provident fund and pensionary benefits of State Government employees. Besides these function the officers of Indian Audit and Accounts Services are also responsible for the scrutiny of intricate contracts, understanding of tax and revenue laws, assessing the financial health of commercial corporations and comprehensively reviewing the effectiveness of implementation of country-wise schemes for rural development, health services, education etc. IA&AS officers also go abroad to conduct audit of Embassies and High Commissions of India situated all over the world. Given the nature of the job and responsibility held by these officers they are held in high esteem as far as their position in the society is concerned.
The services of officers of the IAAS are lent to State Government for functioning as Financial Advisers Chief Accounts Officers, Chief Internal Audit Officers and so on.
The hierarchy:
- Assistant Accountant General.
- Deputy Accountant General
- Senior Deputy Accountant General
- Accountant General
- Director of Audits
- Additional CAG
- Dy. CAG (equivalent in rank to a secretary to the Government of India).
