The court was established by a law of 1864, signed by Alexandru Ioan Cuza. In December 1948, under the nascent communist regime, it was disbanded. Revived in 1973 as the Higher Court of Financial Control ("Curtea Superioară de Control Financiar"), this too was abolished in early 1990, following the Romanian Revolution. The Court of Audit was re-established by a law of 1992, and began functioning the following year.