comptroller

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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 ?
Stay tuned for information about the third annual Award of Excellence for Comptrollership in the Public Sector to be held in spring 2011.
Modern Comptrollership and the Management Accountability Framework.
According to its official Internet site, "The Treasury Board is responsible for accountability and ethics, financial, personnel and administrative management, comptrollership, approving regulations and most Orders-in-Council.
In three years at the Department of National Defence, as director of managerial accounting and comptrollership, Manion was involved with the introduction of accrual accounting and the implementation of modern comptrollership concepts in Canada's defence force--the largest implementation of accrual accounting in the federal public service of Canada.
An audience of over 350 people heard four prominent members of the Air Force and industry financial management team discuss the state of Comptrollership today and in the future.
Candidates~ attention is drawn to the following information In accordance with Article R 4532-19 of the Labour Code a natural person holding the coordinator, on its own behalf or on behalf of the organization that employment can not be responsible for the technical comptrollership scheduled in Article L.
PNP spokesperson, Chief Superintendent Wilben Mayor said Espina has approved the recommendation of the PNP Director for Comptrollership to place Supt.
In light of these various developments, the addition of audit committees can be traced to two major management reform initiatives: the Modern Comptrollership Initiative, in 1998, which led to Results for Canadians (Canada, Treasury Board Secretariat 2000), enhanced results-based management while improving performance information; and the Federal Accountability Act, 2006 (S.
CMA Canada applauds the federal government's efforts to improve comptrollership, and we are pleased to offer this outstanding program as a way of contributing to furthering the government's objectives in this area.
PMCS offers a world-class faculty devoted to educating tomorrow's leaders in the demanding world of comptrollership.
Those executing the study focused on in-place training and education programs for financial managers supporting comptrollership functions.