 | The examples and perspective in this article deal primarily with the United Kingdom and do not represent a worldwide view of the subject.(July 2012) |
Accountant general or accountant-general is, or was, the name of a government post in several countries.
The office provides financial information, accounting and procurement services. [1]
The accountant-general was formerly an officer in the English Court of Chancery who received all moneys lodged in court, deposited them in a bank, and disbursed them. The office was abolished by the Court of Chancery (Funds) Act 1872, with the duties transferred to the Paymaster General. [2] The accountant-general can also be head or superintending accountant in certain public offices for example Department of the Accountant-General of the Navy. [3]
The accountant general is appointed by the governor-general on advice of the Public Services Commission under section 15 of the Financial Administration and Audit Act (FAA Act). The Accountant General's Department (AGD) is an operational department within the Ministry of Finance and Planning and is charged with facilitating and reporting of the flow of funds within the public sector. [4]
In India, the accountant general is the head of audit team.[ citation needed ]
The accountant general is the administrative Head of the Treasury of the Republic of Mauritius. He or she has to ensure that a proper system of account exists in every department of the Treasury and to exercise general supervision over the receipts of public revenue and over the expenditure of the Government. He has to submit to the Director of Audit within six months of the close of every financial year financial statements showing the financial position on the last day of such financial year. [5]
The Office of Accountant-General of the Federation was established under Civil Services re-organization Decree No. 43 in 1988. The incumbent is responsible for the overall management of all receipt and payments of the Republic of Nigeria. [6]
The accountant-general is in effect the chief financial officer of the Government and heads a department within the Ministry of Finance. The incumbent has to fulfil statutory duties under the constitution, the Financial Procedure Act and other legislative statutes. [7]
The responsibility of the accountant general is to promote and enforce effective management in respect of revenue expenditure, assets and liabilities of institutions in all three spheres of Government. This includes the administration of the National Revenue Fund and the Reconstruction and Development Programme Fund, as well as Banking Services for national departments. [8]
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position.
In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund, and general spending is paid out of the consolidated fund.
The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies. The NAO also carries out value for money (VFM) audits into the administration of public policy.
The Treasurer of Australia is a high ranking official and senior minister of the Crown in the Government of Australia who is the head of the Ministry of the Treasury which is responsible for government expenditure and for collecting revenue. The Treasurer plays a key role in the economic policy of the government. The current Australian Treasurer is Jim Chalmers whose term began on 23 May 2022.
The Treasury Board Secretariat is the ministry of the Government of Ontario that is charged with supporting the work of the Treasury Board/Management Board of Cabinet, a joint sub-committee of cabinet that manages the fiscal plan of the government including controlling all government spending, approving labour agreements and workforce planning, manage the provincial contingency fund and oversee the procedures and directives that guide the operation of the Ontario Public Service.
The Finance Secretary is the administrative head of the Ministry of Finance. This post is held by senior IAS officer of the rank of Secretary to Government of India. T. V. Somanathan is the incumbent Finance Secretary.
International Public Sector Accounting Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements. These standards are based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).
The Department of Finance is a department of the Government of Ireland. It is led by the Minister for Finance and is assisted by two Minister of State.
The Ministry of Finance is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore.
The Department of Finance is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public sector debt, and the rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
The Arkansas State Auditor is a constitutional officer within the executive branch of the U.S. state of Arkansas. Thirty-five individuals have occupied the office of state auditor since statehood. The incumbent is Dennis Milligan, a Republican who took office in 2023.
Rajasthan Accounts Service (R.Ac.S.) formed in 1954, is a premier state civil service of Rajasthan. Accounts/Finance officers of the Service posted in all Government departments, government undertakings, autonomous bodies, Urban Local Bodies and Panchayati Raj institutions etc. manage their financial administration.
The Ministry of Finance of Ukraine is the ministry of the Ukrainian government charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial policies promote economic growth.
The Controller General of Accounts (CGA) is the premier accounting office of the Government of Pakistan. The Office is entrusted with the task of producing accurate and timely financial statements for the federation. It was formed under an ordinance issued in 2001. The Office achieves task through dedicated human resources, immense investment in infrastructure and strict quality control checks by the Senior Officers. It is also responsible for disbursing government money in form of payments of salaries and allowances to government servants and payments to contractors. All these transactions and any other transactions by Government of Pakistan, are captured in the SAP ERP and then the information is used to generate monthly, quarterly and yearly financials. The Controller General of Accounts is appointed by the President from amongst the officers of the Accounts Group and shall hold a civil service rank of BPS 22.
The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament.
The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Somalia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Somali federal budget to the Parliament.
The National Treasury Administration is the agency of the Ministry of Finance of Taiwan (ROC) in charge of relevant matters in the revenues, expenditures and management of the Treasury as well as responsible for the management of government debt, fiscal planning, public welfare lottery, and the management of public-owned enterprises.
Finance Department is a department of Government of Punjab, Pakistan. The Finance Department is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of Financial Rules, management of public debt.
The Ministry of Finance or Ministry of Treasury (MH) is the department of the Government of Spain responsible for planning and carrying out the government policy on public finance and budget. It applies and manages the regional and local financing systems and the provision of information on the economic-financial activity of the different Public Administrations.
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