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In business, the comptroller is the person who, independently from the chief financial officer in some countries, oversees accounting, and the implementation and monitoring of internal controls. In countries such as the United States, the United Kingdom, Australia, New Zealand, Israel, and Canada, a comptroller or financial comptroller reports ...
The predecessor to the current comptroller's office started in 1846. The longest-serving Comptrollers in Texas history were Robert S. Calvert, who held the post for 26 consecutive years for an unprecedented twelve terms; George H. Sheppard, who served for 18 years over nine two-year terms; and Bob Bullock, who served for 16 years for four four-year terms and later was notable as one of the ...
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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During his tenure, the Office of the Comptroller of the Currency took the lead in regulators’ 1993 initiatives to alleviate a lingering credit crunch by encouraging banks to increase lending. [ 8 ] [ clarification needed ] As Comptroller, Ludwig was a member of the Basel Committee on Bank Supervision, a director of the Federal Deposit ...
The comptroller's office was established by the second Maryland Constitution of 1851 due to concern for potential fraud and corruption in the administration of the public treasury. [6] Pursuant to this mandate, the comptroller effectively functions as Maryland's chief financial officer .
The duties of the Comptroller of New Hampshire are defined in New Hampshire state law as follows: "The comptroller shall direct the state's accounting functions... to the end that the fiscal affairs of all state agencies and departments will be adequately and uniformly serviced and that periodic financial and management reports will be available to serve the various needs of all state agencies ...