Students will learn about auditors, regulators, examiners, and the inspector general. They will learn about the roles of each of these individuals in government programs that use public funds. Auditors are the persons responsible for finding any inaccurate information that may appear in the financial records and reporting them to the Comptroller. Regulators oversee the activities of banks, corporations, and nonprofit organizations that receive funds from the public. Finally, inspectors general control the spending of public funds.
Throughout the United States, there are a number of different comptroller general agencies. Some of these are the Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, Federal Reserve, Office of the Comptroller of the Currency, Federal Tax Commission, Office of the Superintendent of the Currency, and the Federal Reserve Board. Among these agencies are the following, the Comptroller of the Currency, the Federal Reserve, the Office of the Secretary of the Treasury, the Internal Revenue Service, and the Federal Tax Commission. These comptroller’s have specific areas of responsibility, such as the management and operation of the public funds that they administer.
In order to become a part of the United States executive branch, students must take both 31.A and the examination. It is important to note that there are currently a number of vacancies for comptroller general openings across the nation. Students interested in entering the field should ensure that they meet all qualification criteria before applying to any specific agency. This includes completing a complete academic curriculum, as well as a background and analytical study. Students should also consider the requirements of each agency, as well as their own personal preferences.
Generally, those who wish to work at the United States government’s internal controls should be interested in analyzing and implementing the related requirements of the executive agencies. As a general rule, all federal agencies require a strong educational background in accounting. Completion of an accredited bachelor’s degree program or an equivalent thereof, as well as related requirements such as professional experience and work experience in a related field will help to achieve success within the program-related employment.
Graduates of accredited bachelor’s degree programs can expect to begin employment with the Comptroller General, or its predecessor agencies. However, entry-level positions often do not occur until more highly qualified individuals have been hired from other firms or from within the public funds department. Candidates must be able to demonstrate both broad and specific accounting experience, as well as interpersonal skills and ability to coordinate interdepartmental and governmental functions. Successful candidates will be able to contribute to the design and development of auditing work, as well as other work related to auditing, management reporting, and regulatory policy development.
Within the United States Congress, the role of the Comptroller General impacts the oversight of governmental programs and agencies. Auditors determine whether these programs are efficient and economical for the taxpayers. They also provide the necessary independent oversight to ensure that these programs are operating in an effective and profitable manner. The Comptroller General is directly responsible for the management of the budget of the U.S. Department of the Treasury, the U.S. Office of Management and Budget, the General Accounting Services, the Internal Revenue Service, the Federal Reserve, and the National Institute on Debt Counseling. In addition, the Comptroller General is also responsible for overseeing the activities of the Government Printing Office, the Patent Office, the U.S. Commercial Service, the General Services Administration, and the Information Technology Management Program.
All auditors are required to complete a certification course and obtain an additional degree in Auditing. Candidates wishing to become general auditors must first obtain a four-year degree in business, accounting, or a related field, and pass a test covering those subjects. Upon graduation, you must be appointed as a Certified Public Accountant by the American Society of Accountants, which is also the only institution that holds this certification. The American Board of Accountants is not currently accredited by the American Academy of Professional Accountants. After certification, you will need to attend and pass the AICPA’s examination to become certified in this field.
