The New York State Comptroller is the State’s chief fiscal officer who ensures that State and local governments use taxpayer money effectively and efficiently to promote the common good. The Comptroller’s responsibilities include serving as sole trustee of the New York State Common Retirement Fund, administering the New York State and Local Retirement System for public employees, retirees and beneficiaries, maintaining the State's accounting system and administering the State’s payroll, reporting on State finances, managing and issuing State debt, reviewing State contracts and auditing payments, conducting audits of State agencies and public benefit corporations, overseeing the fiscal affairs of local governments, overseeing the Justice Court Fund and the Oil Spill Fund, serving as custodian of unclaimed funds and conducting training and providing technical assistance to improve government operations at all levels.
The Governmental Accounting Standards Board (GASB) is the independent, private-sector organization that establishes accounting and financial reporting standards for U.S. state and local governments that follow Generally Accepted Accounting Principles (GAAP). The GASB standards are recognized as authoritative by state and local governments, state Boards of Accountancy, and the American Institute of CPAs (AICPA). The GASB develops and issues accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to taxpayers, public officials, investors, and others who use financial reports.
The Government Finance Officers Association (GFOA) represents public finance officials throughout the United States and Canada. The association's members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA's mission is to advance excellence in public finance.
The mission of the New York Government Finance Officers' Association (NYGFOA) is to strengthen the capacity of government finance professionals to manage public finances effectively and responsibly and to use the collective knowledge and expertise of its members for the public benefit by enhancing government efficiency and accountability throughout New York State.
