Institute of Public Auditors of India (IPAI), set up as a Society in 1996, is a 'not for profit' organization comprising of specialists in public finance with focus on public accounting and auditing. The Institute has over 2300 members on its roll spread all over India. Its members are serving and former officers of the foremost financial services of te Government of India, largely drawn from the Indian Audit & Accounts Service (IA&AS) and other Central Accounts Services as also the senior accounts and audit professionals with diverse experience in public oversight and financial management functions. The Comptroller & Auditor General of India is the Patron of the Society.
Mr. Ajit Patnaik, former Dy. Comptroller & Auditor General is the President and Mr. M. Naveen Kumar, former Director General of Audit is the Vice President.
The Institute admits members only after they meet stringent eligibility criteria. These members have wide experience in public sector financial management, accounting and auditing functions and related activities. Members of the Institute are professionally qualified in these fields and many of them have held senior positions in Government and Public Sector Enterprises. The prime expertise of the resource persons of the Institute is in the realm of financial management, external and internal audit, procurement and performance audit of Socio-economic and infrastructure programmes of the Central and State Governments and Local Self Governments up to PR level. IPAI also has experts who are experienced in monitoring and evaluation of projects and schemes in other sectors. In addition, the Institute has assisted several reputed organizations in Capacity building through training, developing working manuals and providing guidance in audit and accounting matters. The Institute provides consultancy and advisory services and also conducts Research & Publication in public finance and audit and publish journal and newsletter.
ETHICS AND DISCIPLINARY COMMITTEE
IPAI has evolved a set of guidelines for ethics for mandatory compliance of its members in the exercise of its functions or while in practice as consultants/ advisors. A disciplinary committee appointed by the Central Council oversees the adherence to ethics by the members of the Institute.