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A comptroller (pronounced either the same as controller or as / kəmpˈtroʊlər /) is a management -level position responsible for supervising the quality of accounting and financial reporting of an organization. A financial comptroller is a senior-level executive who acts as the head of accounting, and oversees the preparation of financial ...
A chief financial officer ( CFO ), also known as a treasurer, is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances ( financial planning, management of financial risks, record-keeping, and financial reporting, and often the analysis of data ).
Similar to an accounting manager, they are usually subordinate to the manager, or report directly to the controller or CFO. In addition to their supervisory role, they will be responsible for monitoring and approving the financial processes and reporting of their department. [3] [4]
In 24 states, the state auditor is a constitutional officer elected by the voters or the state legislature for specified terms of office. For example, state auditors in California, Idaho, Illinois, Minnesota, Nebraska, Nevada, Pennsylvania, Texas, Utah, and Washington are elected by the voters. Maine and Tennessee are the only states where the ...
The Master Financial Controller (MFC) - a certification mark for financial professionals engaged at the senior level of corporate finance, such as in the role of a CFO, Financial Controller or Financial Director. Candidates must sit an executive conversion program, have at least 7 years working experience and pass a rigorous exam to qualify. [48]
The OCC's role shifted to bank examination and regulation, though it retained "currency" as part of its name. [ 12 ] [ 2 ] The OCC was involved in the response during and after the financial crisis of 2007–08 , including work with the Troubled Asset Relief Program (TARP), designing stress tests for major banks, and collecting and analyzing ...
Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders. The discipline is then tasked with the "efficient acquisition and deployment" of both short- and long-term financial resources, to ensure ...
The comptroller general has the responsibility to audit the financial statements that the treasury secretary and the Office of Management and Budget director present to the Congress and the president. For every fiscal year since 1996, when consolidated financial statements began, the comptroller general has refused to endorse the accuracy of ...
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