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The treasury of a country is the department responsible for the country's economy, finance and revenue.The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer.
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".
In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer. New York abolished the office of New York State Treasurer in 1926, in which the duties were transferred to the New York State Comptroller .
A company's treasury operation, typically, is under control of the CFO or Vice-president / Director of Finance; and in larger entities is under a dedicated Treasurer. Operations are handled on a day-to-day basis by the organization's treasury staff, controller, or comptroller. [4]
Financial controller General accountant, claims auditor, and payroll officer of state government Prescribes standards for auditing local governments and reviews localities' annual financial reports Ex officio state treasurer and state fire marshal; also administers unclaimed property and regulates deathcare and insurance industries
The state controller is the chief fiscal officer for the state of Nevada. In practice, this means the state controller is responsible for administering the state’s accounting system and regulating the disbursement of public funds. These disparate activities serve two objectives: foremost, to provide citizens, state agencies, local governments ...
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