Fifty-seven individuals have occupied the office of auditor of state since statehood.

[a] The auditor of state is elected to a four-year term of office.

The occupant of the office is term limited and cannot serve more than eight years out of any twelve-year period.

In terms of financial accounting, the auditor of state creates and operates the statewide accounting system, maintains a record of revenues, expenditures and balances by state fund, collects debts owed the state, and prepares various financial reports, including the state of Indiana's annual comprehensive financial report.

The auditor of state is also responsible for supervising county finances and distributing property tax revenue to counties, cities, towns, schools, and other local units of government.