Army Accounts Inspectorate was established in 1971 to realize the noble objective of the Corps and eradicate or reduce to the bearest minimum, the numerous Federal Audit queries with a view to enhancing a better and correct presentation of the Nigerian Army Accounts.
The major role of the Army Accounts Inspectorate is to inspect expenditures made on the Nigerian Army Accounts and to also ensure compliance with Financial Regulations and guidelines. The aim is to prevent irregularities and facilitate early detection and prevention of fraud and errors at all levels. It plays the role of monitoring as related to the Ministry of Defence ... and other financial department of other ministries. In other words, Army Accounts Inspectorate is to ensure preparation of accurate accounts for the Ministry of Defence Internal Auditors, Federal Auditors, Unit Cash Account Section of the Nigerian Army Finance Corps (NAFC). It is the financial watch dog of the Nigerian Army (NA). The result of these checks is manifesting in the decrease of the Federal Audit queries on Nigerian Army accounts of various formations and units in recent times. This department of the Corps is headed by the Director of Army Account Inspection (DAAI) of the rank of Brigadier General by establishment. The DAAI reports directly to the Chief of Accounts and Budget (Army) – CAB (A).