Originally established as the 1030th USAF Auditor General group on 1 July 1948, the AFAA was redesignated a separate operating agency under the Comptroller of the Air Force on 31 December 1971.
The AFAA began its existence as the 1030th USAF Auditor General unit in 1948. Subsequently, it became an independent operational entity within the Air Force's comptroller office by the end of 1971.