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State Auditor
State auditors (also known as state comptrollers, state controllers, or state examiners, among others) are fiscal officers lodged in the executive or legislative branches of U.S. state governments who serve as external auditors, program evaluators, financial controllers, bookkeepers, or inspectors general of public funds. The office of state auditor may be a creature of the state constitution or one created by statutory law. Selection Method The mode of selecting the state auditor varies among the many states and territories. In 24 states, the state auditor is a constitutional officer elected by the voters or the state legislature for specified terms of office. For example, state auditors in California, Idaho, Illinois, Minnesota, Nebraska, Nevada, Pennsylvania, Texas, Utah, and Washington are elected by the voters. Maine and Tennessee are the only states where the state auditor is elected by the legislature. In the remaining states, the state auditor is appointed by and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utah State Auditor
The state auditor of Utah is a constitutional officer in the executive branch of the U.S. state of Utah. Twenty-five individuals have held the office of state auditor since statehood. The incumbent is Tina Cannon, a Utah Republican Party, Republican. Powers and duties The state auditor is charged by Utah's constitution "to perform financial post audits of public accounts" and is designated by statute as "auditor of public accounts". The state auditor exercises this power, duty, and authority by conducting financial, compliance, and performance audits of state agencies, performing desk reviews of local governments' audit reports to ensure compliance with the law and Government Auditing Standards, and investigating allegations of waste, fraud, or abuse of public funds and resources at both the state and local level. The state auditor also enforces Utah's data privacy law, prescribes uniform accounting, budgeting, and financial reporting systems for local governments, provides local ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Party Affiliation Of United States Auditors
A party is a gathering of people who have been invited by a host for the purposes of socializing, conversation, recreation, or as part of a festival or other commemoration or celebration of a special occasion. A party will often feature food and beverages, and often conversation, music, dancing, or other forms of entertainment. Some parties are held in honor of a specific person, day, or event, such as a birthday party, a Super Bowl party, or a St. Patrick's Day party. Parties of this kind are often called celebrations. A party is not necessarily a private occasion. Public parties are sometimes held in restaurants, pubs, beer gardens, nightclubs, or bars, and people attending such parties may be charged an admission fee by the host. Large parties in public streets may celebrate events such as Mardi Gras or the signing of a peace treaty ending a long war. Types Balls Banquets Birthday party A birthday party is a celebration of the anniversary of the birth of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Election
Direct election is a system of choosing political officeholders in which the voters directly cast ballots for the persons or political party that they want to see elected. The method by which the winner or winners of a direct election are chosen depends upon the electoral system used. The most commonly used systems are the plurality system and the two-round system for single-winner elections, such as a presidential election, and proportional representation for the election of a legislature or executive. By contrast, in an indirect election, the voters elect a body which in turn elects the officeholder in question. In a double direct election, the elected representative serves on two councils, typically a lower-tier municipality and an upper-tier regional district or municipality. Examples Legislatures * The European Parliament has been directly elected every five years since 1979. Member states determine how to elect their representatives, but, among other requirement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Auditing Standards
The Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the "Yellow Book", are produced in the United States by the Government Accountability Office (GAO). The standards apply to both financial and performance audits of government agencies. Five general standards are included: * Independence * Due care * Continuing professional education (CPE) 80 hours every 2 years, 24 hours directly related to government auditing * Supervision * Quality control Quality control (QC) is a process by which entities review the quality of all factors involved in production. ISO 9000 defines quality control as "a part of quality management focused on fulfilling quality requirements". This approach plac ... The Yellow Book standards are used by auditors who examine the federal government, including the Government Accountability Office, various offices of inspectors general, and others. Many local government performance auditors also use the yellow book sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Performance Auditing
Government performance auditing focuses on improving how governments provide programs and services. While there is no one universally agreed upon definition, there are key definitions which capture the scope of government performance auditing. According to the US Government Auditing Standards, "Performance audits are defined as audits that provide findings or conclusions based on an evaluation of sufficient, appropriate evidence against criteria." Additionally, the International Organization of Supreme Audit Institutions defines performance auditing as "an independent examination of the efficiency and effectiveness of government undertakings, programs or organizations, with due regard to economy, and the aim of leading to improvements.'' History Government performance auditing was developed in the late 1960s and shepherded by the United States Government Accountability Office, (the chief audit arm of the US federal government). Government performance auditing has since spread to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Controls
Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization. It is a means by which an organization's resources are directed, monitored, and measured. It plays an important role in detecting and preventing fraud and protecting the organization's resources, both physical (e.g., machinery and property) and intangible (e.g., reputation or intellectual property such as trademarks). At the organizational level, internal control objectives relate to the reliability of financial reporting, timely feedback on the achievement of operational or strategic goals, and compliance with laws and regulations. At the specific transaction level, internal controls refers to the actions taken to achieve a specific objective (e.g., h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulatory Compliance
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory, according to which punishing a behavior will decrease the violations both by the wrongdoer (specific deterrence) and by others (general deterrence). This view has been supported by economic theory, which has framed punishment in terms of costs and has explained compliance in terms of a cost-benefit equilibrium (Becker 1968). However, psychological research on motivation provides an alternative view: granting rewards (Deci, Koestner and Ryan, 1999) or imposing fines (Gneezy Rustichini 2000) for a certain behavior is a form of extrinsic motivation that weakens intrinsic motivation and ultimately undermines compliance. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Audit
A financial audit is conducted to provide an opinion whether "financial statements" (the information is verified to the extent of reasonable assurance granted) are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared using the cash basis or some other basis of accounting appropriate for the organization. In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements.Arens, Elder, Beasley; Auditing and Assurance Services; 14th Edition; Prentice Hall; 2012 Overview The audit opinion is intended to provide reasonable assurance, but not absolute assurance, that the financial statements are presented fairly, in all material respects, and/or give a true and fair view in accordance with the financial rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Administration
Public administration, or public policy and administration refers to "the management of public programs", or the "translation of politics into the reality that citizens see every day",Kettl, Donald and James Fessler. 2009. ''The Politics of the Administrative Process''. Washington D.C.: CQ Press and also to the academic discipline which studies how public policy is created and implemented. In an academic context, public administration has been described as the study of government decision-making; the analysis of policies and the various inputs that have produced them; and the inputs necessary to produce alternative policies. It is also a subfield of political science where studies of policy processes and the structures, functions, and behavior of public institutions and their relationships with broader society take place. The study and application of public administration is founded on the principle that the proper functioning of an organization or institution relies on effectiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Finance
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: # The efficient allocation of available resources; # The distribution of income among citizens; and # The stability of the economy. American public policy advisor and economist Jonathan Gruber put forth a framework to assess the broad field of public finance in 2010:Gruber, J. (2010) Public Finance and Public Policy (Third Edition), Worth Publishers, Pg. 3, Part 1 # When shoul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacksonian Democracy
Jacksonian democracy, also known as Jacksonianism, was a 19th-century political ideology in the United States that restructured a number of federal institutions. Originating with the seventh U.S. president, Andrew Jackson and his supporters, it became the nation's dominant political worldview for a generation. The term itself was in active use by the 1830s. This era, called the Jacksonian Era or Second Party System by List of historians, historians and List of political scientists, political scientists, lasted roughly from 1828 United States presidential election, Jackson's 1828 presidential election until the Slavery in the United States, practice of slavery became the dominant issue with the passage of the Kansas–Nebraska Act in 1854 and the political repercussions of the American Civil War dramatically reshaped American politics. It emerged when the long-dominant Democratic-Republican Party became factionalized around the 1824 United States presidential election, 1824 pres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advice And Consent
Advice and consent is an English phrase frequently used in List of enacting formulae, enacting formulae of bill (proposed law), bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enactment of a bill, enacts something previously approved of by the legislative branch or where the legislative branch concurs and approves something previously enacted by a strong executive branch. General The concept serves to moderate the power of one branch of government by requiring the concurrence of another branch for selected actions. The expression is frequently used in weak executive systems where the head of state has little practical power, and in practice the important part of the passage of a law is in its adoption by the legislature. United Kingdom In the United Kingdom, a constitutional monarchy, bills are headed: BE IT ENACTED by the Queen of the United Kingdom, King's most Excellent Majesty, by an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
