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Titles I through IX of the law are known as the Congressional Budget Act of 1974. Title II created the Congressional Budget Office.Title III governs the procedures by which Congress annually adopts a budget resolution, a concurrent resolution that is not signed by the President, which sets fiscal policy for the Congress.
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 ...
The Office of the Under Secretary of Defense (Comptroller)/CFO is the principal staff office for the Defense Department on all budgetary and fiscal matters, including the development and execution of the Defense Department's annual budget of more than $850 billion. As chief financial officer, the Under Secretary's Office also oversees the ...
The agency is headed by the Comptroller General of the United States. The comptroller general is appointed by the president with the advice and consent of the Senate. When a vacancy occurs in the office of the comptroller general, Congress establishes a commission to recommend individuals to the president. [5] The commission consists of the ...
In the case of the Illinois comptroller and West Virginia state auditor, these elected state auditors also serve as financial controllers of state agencies. To the contrary, New Jersey's state comptroller functions as an inspector general for the executive branch of state government and is a member of the governor's cabinet.
The word is a variant of "controller". The "cont-" or "count-" part in that word was associated with "compt-", a variant of the verb "count". The term, though criticized by lexicographers such as Henry Watson Fowler, [1] is probably retained in part because in official titles it was deemed useful to have the title dissociated from the word and concept "control".
Signed into law by President George W. Bush on September 26, 2006 The Federal Funding Accountability and Transparency Act of 2006 (S. 2590) [ 2 ] is an Act of Congress that requires the full disclosure to the public of all entities or organizations receiving federal funds beginning in fiscal year (FY) 2007.
The comptroller serves as a check on the mayor, and is arguably the second most important elected official in New York City after the mayor. [2] In order to carry out the myriad duties and functions assigned to the office by law, the comptroller employs a staff of 800 people and maintains an operating budget of over $100 million. [2] [5]