What is the Full Form of IAAS?

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IAAS full form

The Full Form of IAAS is Indian Audit and Accounts Service. The Indian Audit and Accounts Service (IA&AS) is a Union of India formalized civil service (Group A). In the service, the officers are in charge of accounting and audit matters involving the Union government and state governments, as well as those working at the department’s headquarters. In this blog, we will learn more about the full form of IAAS and everything about it.

Who is an IAAS Officer?

An IAAS Officer supervises state government accounts and evaluates the accounts of public sector companies, as well as the Union and state governments. Its role is similar to that of the US National Audit Office and the GAO (United Kingdom). After being engaged by the IA&AS, directly recruited IAAS Officers are largely trained at the National Academy of Audit and Accounts in Shimla, Himachal Pradesh, India.

Must Read: What is the CAG Full Form?

Objectives of IAAS

IAAS is well-known for achieving key objectives such as:

  • Central government accounting and auditing.
  • Accounting and auditing of State Governments
  • Public Sector Undertakings (PSUs)
  • They have headquarters in three countries: the United States, the United Kingdom, and Malaysia.
  • The primary goal of keeping a presence in foreign countries is to conduct an auditing for Global Multilateral Organisations.

IAAS Exam Pattern and Syllabus

A set number of UPSC Exam tries are given. As a result, applicants must adhere to their preparation for each attempt. 

CategoryAttempts
General Category6 attempts
OBC Category9 attempts
SC/STUnlimited Attempts

To become an IAAS Officer, a candidate must pass all three stages of the exam.

  • UPSC Prelims
  • UPSC Mains
  • Interview/Personality Test

Following the UPSC Syllabus for the Indian Audit and Accounts Service should be your priority as a candidate.

It is critical to be conversant with the UPSC Prelims Syllabus and UPSC Mains Syllabus to devise the best strategies and manage your time properly.

Eligibility Criteria

To apply for work in the IAAS department, an applicant must meet a few conditions which are given below:

  • The candidate should be an Indian citizen.
  • People from Nepal and Bhutan are also eligible to apply for positions in the IAS and other departments. 
  • He/She must be a graduate of a well-known university recognized by the government of India in terms of education.
  • Candidates with professional experience may also apply. 
  • The lowest age requirement for IAAS officer qualification is 21 years, while the maximum age requirement is 32 years. 
  • The compensation of an Indian Audit and Accounts Service employee is determined by the position to which the candidate is assigned. 

Also Read – What is the Full Form of ADM?

Roles and Responsibilities

  • The responsibility of IAAS officers is highly valued, and it necessitates accountability and reverence. 
  • The selected officer must be mentally and physically fit, and the nature of the employment must not impair him in any manner.
  • An IAAS officer is in charge of auditing the accounts of both the Union and state governments.
  • The officer must be involved in the upkeep of all Indian government accounts.
  • The IAAS officer’s duty is substantially similar to that of the UK’s National Audit Officer.

Advantages of IAAS

The Indian Audit and Accounts Service is known for being private rather than public; there are a few benefits of IAAS that we shall examine below:

  • People who wish to keep a low profile at work may be interested in this sector.
  • IAAS is a fantastic department for people who are passionate about accounting.
  • There is an opportunity to investigate because positions are available even in foreign countries.
  • When compared to other fields of All India Civil Services, IAAS has higher work satisfaction.
  • When it comes to job advertisements within the country, all postings are restricted to major cities and state capitals.

FAQ

Which is better, IAS or IAAS?

There is no comparison between the two. However, if someone wishes to be in public more, then IAAS is the right option to go for.

What is the salary of an IAAS officer?

Usually, the salary of an IAAS ranges between ₹56,100 to ₹2,25,000 per month.

What is the power of an IAAS officer?

The Indian Audit and Accounts Service (IA&AS) functions much like the US Government Accountability Office (GAO) and the UK’s National Audit Office (NAO), serving as an independent auditor for government entities.

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We hope this blog has helped you understand the full form of IAAS and everything related to it. If you want to know more, find the important full form list on our blog. In the world of short forms, you can rely on the Leverage edu page to know about more full forms like this! Connect with us study abroad experts to achieve your international dream today!

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