comptroller


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Related to comptroller: Comptroller General, Comptroller of the Currency

Comptroller

An officer who conducts the fiscal affairs of a state or Municipal Corporation.

A comptroller, which is often synonymous with auditor, generally has specific duties including the supervision of revenue, the examination and certification of accounts, and the inspection, examination, or control of the accounts of other public officials.

A state comptroller's major function is the final auditing and settling of all claims arising against the state.

The chief financial officer of any private organization, such as a university or a corporation, is also called a comptroller.

Within the federal government, the office of the comptroller of the currency exists as part of the national banking system. The function of this office is to promulgate and execute rules and regulations that govern the national banks. The approval of the comptroller of currency is essential to the organization of new national banks, as well as the transformation of state-chartered banks into national banks and the consolidation and merger of banks.

The comptroller general of the United States is the leading official of the General Accounting Office whose primary duty is to audit various governmental agencies.

comptroller

noun accountant, auditor, banker, bookkeeper, bookkeeping expert, bursar, business mannger, cashier, chartered accountant, chief accounting officer, depositary, examiner of business accounts, financial officer, inspector of accounts, inventory expert, manager, purser, reckoner, registrar, supervisor of accounts, treasurer, trustee
Associated concepts: city comptroller, state comptroller
References in periodicals archive ?
Critics say that, when similar situations have arisen in the past, the comptroller general has usually left his or her position even when a successor has yet to be appointed.
Oladiti is a financial analyst assigned to the 50th Comptroller Squadron located at Schriever AFB.
The Financial Managers in the Comptroller office work diligently to budget, account and monitor every aspect of the financial resources we are given.
The New York State Common Retirement Fund was created in 1967 to hold and distribute the assets of the Police and Fire Retirement System (PFRS) and the Employees' Retirement System (ERS), with the State Comptroller acting as sole trustee.
In 1849, New York enacted the first general law allowing for the incorporation, without a special act of the Legislature, of marine, fire, and life insurance companies, and requiring them to file annual statements of their financial condition, similar to those required under the 1827 statute, with the Comptroller.
In separate, coordinated actions, the Office of the Comptroller of the Currency announced the execution of a formal agreement with Bank of America, N.
Similarly, the insurance activities of banks okayed by the Comptroller in recent years were not subject to regulation by the state insurance commissioners.
The comptroller is also responsible for collection of the tourist development tax--essentially a bed tax imposed on tourists and collected by hotels--that raises nearly $100 million a year.
In 1981, the National Housing Institute was supposed to have financed the construction of 100,716 low-cost housing units, according to a report by the Venezuelan comptroller general.
What the Supreme Court did strike down was the task the law assigned to the Comptroller General, who heads the General Accounting Office.
Investors and security holders are urged to carefully review and consider 1st Pacific Bancorp's public filings with the SEC, 1st Pacific Bank of California's public filings with the Federal Reserve Board, and Landmark National Bank's public filings with the Office of the Comptroller of the Currency, including but not limited to the appropriate Annual Reports on Form 10-KSB for the year ended December 31, 2005 and Quarterly Reports on Form 10-Q or 10-QSB for the reporting periods of 2006.
Glenn Hegar, a Katy Republican who will be sworn in as comptroller in January, plans to replace much of the office's top management with people from his campaign and Senate office, as well as through promoting longtime comptroller staffers.