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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".
By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights, [1] and financial gifts to the Library of Congress. [2] The treasurer also directly oversees the Bureau of Engraving and Printing (BEP) and the United States Mint, which respectively print and mint U.S. currency and coinage.
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 .
Comptroller of Public Accounts: Elected by voters Financial controller General accountant, claims auditor, and payroll officer of state government Not applicable Collects state and local taxes, procures goods and services for state agencies, and serves as state treasurer Office of the Texas Comptroller of Public Accounts: Tina Cannon: Utah ...
His staff included a comptroller, a treasurer, a register, and auditors, who managed the country's finances through 1784, when Morris resigned because of ill health. The treasury board, consisting of three commissioners, continued to oversee the finances of the confederation of former colonies until September 1789.
In Illinois, for example, the treasurer invests the public funds, while the comptroller writes the checks to cover the state's expenses. [ 10 ] 47 of the 50 states have a secretary of state . 35 of those states popularly elect the secretary of the state, while in the other states either the governor appoints or the legislature elects the ...
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]
The Comptroller of the Treasury was an official of the United States Department of the Treasury from 1789 to 1817. According to section III of the Act of Congress establishing the Treasury Department, it is the comptroller 's duty to