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.

Mission Statement: To undertake research and developmental activities in the field of Public Auditing, Accounting and Public Finance, disseminate information and knowledge to professionals, practitioners and public servants through diversified training programmes and continuing education and to provide value added financial and management consultancy services to clients as would maximize their organizational efficiency and effectiveness.

Vision Statement: To be the premier institution and the Centre of Excellence in the field of Public Auditing, Accountability and Public Finance.

Core Values: Professionalism, Objectivity, Integrity, Reliability