Financial Oversight: What's a Comptroller?
Day 2,812, 09:00
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Published in Canada 
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by
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by Hotelier
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There has been a general lack of financial oversight in eCanada, mostly because the Comptroller has gone missing in action. Now, with money moving over between orgs and no real tracking of funds, Congress has seen fit to kick Brian Alexander fom the position and find us a new Comptroller.
I thought it important to inform eCanadians on the Comptroller, given that, I’m assuming, none of us have any idea what that is. I didn't either before I did the research.
Question: What is a Comptroller and why do we need one?
Google: a person in charge of an organization's finances. "The regional controller for the Department of Education"
In eCanada, the Comptroller is the person basically in charge of the country's finances. That person distributes currency out according to the budget put forward by Congress, provided that there actually is one. Failing the existence of a budget, he release funds in accordance to Congressional or Presidential order, though that is technically not supposed to happen.
Top Facts you Need to Know About the Comptroller
1. They control Canada’s main financial organisation, and keep public record of eCanada’s financial transactions.
2. They are in power for life, or until they resign.
3. They are elected by Congress.
4. They can hold office, but cannot be the CP.
For the actually Comptroller General Act, please follow this link: Comptroller General Act.
In general, the Comptroller is just an extra layer of security over eCanada’s money. He/she exists so that theft is either impossible, or extremely difficult. With the added dictatorship mod, the threat of international coup is a distinct possibility. By keeping money in a separate org, foreign powers who may take over eCanada cannot empty the treasury.
With Congress now discussing the possibility of a Nest Egg, (a certain amount of cash on hand to be used in case of coup, war or emergency. Portion size yet to be determined, though from the looks of things on the forum, it could be anywhere between 200,000cc to 500,000cc), the money would (assumedly) be kept in the org and be financially managed by the Comptroller. For a link to the discussion on the Nest Egg size, please click HERE
EDIT: Congress has just put forward the vote to finalize the Nest Egg. It has been clarified at 500,000cc
Additionally, the Nest Egg discussion is only valid because the current tax rate is doing wonders for the treasury. Congress even rejected a tax change down the 8%.
Canadian treasury
Canadian Ministry ofMagic Finance
Conclusively, the position of a Comptroller is a fairly important one, and so I believe that eCanadians need to have some kind of oversight to the actual selection of this person. On the forums, there hasn’t been a whole lot of interest in the position. At the time of writing, the candidates were (in order of application):
- Foxfire
- Rylde
- Hotelier (my good self)
- Aries Prime
I would ask Rylde to clarify whether or not he was being sarcastic in his application.
And so eCanadians, I give you the information of what’s happening behind the massively annoying and complicated mess that is the forum.
There has been a general lack of financial oversight in eCanada, mostly because the Comptroller has gone missing in action. Now, with money moving over between orgs and no real tracking of funds, Congress has seen fit to kick Brian Alexander fom the position and find us a new Comptroller.
I thought it important to inform eCanadians on the Comptroller, given that, I’m assuming, none of us have any idea what that is. I didn't either before I did the research.
Question: What is a Comptroller and why do we need one?
Google: a person in charge of an organization's finances. "The regional controller for the Department of Education"
In eCanada, the Comptroller is the person basically in charge of the country's finances. That person distributes currency out according to the budget put forward by Congress, provided that there actually is one. Failing the existence of a budget, he release funds in accordance to Congressional or Presidential order, though that is technically not supposed to happen.
Top Facts you Need to Know About the Comptroller
1. They control Canada’s main financial organisation, and keep public record of eCanada’s financial transactions.
2. They are in power for life, or until they resign.
3. They are elected by Congress.
4. They can hold office, but cannot be the CP.
For the actually Comptroller General Act, please follow this link: Comptroller General Act.
In general, the Comptroller is just an extra layer of security over eCanada’s money. He/she exists so that theft is either impossible, or extremely difficult. With the added dictatorship mod, the threat of international coup is a distinct possibility. By keeping money in a separate org, foreign powers who may take over eCanada cannot empty the treasury.
With Congress now discussing the possibility of a Nest Egg, (a certain amount of cash on hand to be used in case of coup, war or emergency. Portion size yet to be determined, though from the looks of things on the forum, it could be anywhere between 200,000cc to 500,000cc), the money would (assumedly) be kept in the org and be financially managed by the Comptroller. For a link to the discussion on the Nest Egg size, please click HERE
EDIT: Congress has just put forward the vote to finalize the Nest Egg. It has been clarified at 500,000cc
Additionally, the Nest Egg discussion is only valid because the current tax rate is doing wonders for the treasury. Congress even rejected a tax change down the 8%.
Canadian treasury
Canadian Ministry of
Conclusively, the position of a Comptroller is a fairly important one, and so I believe that eCanadians need to have some kind of oversight to the actual selection of this person. On the forums, there hasn’t been a whole lot of interest in the position. At the time of writing, the candidates were (in order of application):
- Foxfire
- Rylde
- Hotelier (my good self)
- Aries Prime
I would ask Rylde to clarify whether or not he was being sarcastic in his application.
And so eCanadians, I give you the information of what’s happening behind the massively annoying and complicated mess that is the forum.
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Comments
Good information to edumacate the players that don't real constitutions and other bills on the forum. You're right that the Comptroller position is a very important one and so we should hope the issue is handled with careful deliberation to find the right person. I'm a little surprised a couple other people haven't not stepped forward, since they are reliable stalwarts with an above-average interest in finance/budgets. oh well
The conservative would say that a comptroller ONLY disburses money in accordance with a budget. No budget, no money gets disbursed. No use having a comptroller who considers its okay to be practical about the absence of a budget. But, that is the conservative mind set which gazes back upon the old culture, now gone. What needs to be done now, by new open-minded players, is to re-invent our government structures and to find a consensus about basic philosophy including the respective authority or congress and the presidency.
It is obvious that many congressmen/women elected to congress by their PP have no actual intrest in playing a congressperson. Factions have run the eNation when everyone thinks that everyone else is wrong. The system is broken. There are no new ideas that work because you can not implement them, unless you have a loyal consensus. Like what the Whorehouse is doing. Is it wrong, no, they are positioning themselves to actually take some action. Why? Cause congress has't taken action in a long time, at least nothing serious. Many congressmen/women are in it for the 5G and the title. Are there congressmen/women who try to do their job everyday, yes. Are there enough of them...NO. We need to elect Political Parties that place congressmen/women to stop placing trolls or players who just want the gold. Stop supporting old obsolete Political Parties. With too many dead citizens.
I'd like to see a budget this month. Some semblance of a financial plan at least implies there is a direction and an attempt at national property.
The high work tax has done wonders to remove players from eCanada. I have heard estimates of upwards of 40 players or more have immigrated to other eNations. And many company owners are paying employees a lower wage and giving them things in trade to avoid paying said high work taxes. Also that wonderful number you claim has dropped steadily since the first week on the 10% theivery. And a lot of players have sold back companies that can not make enough to break even from the work tax, making them leaner and meaner companies, but how long till they too move away due to the extortion congress is milking them for? Balance guys, congress' job is to find balance so everyone thrives. The 10% work tax is a HUGE fail! Sure it brought in a lot of money, but it is not sustainable! It will be the end of eCanada if someone doesn't fix it soon. Get back to work congress and be more economic driven and less ignorant. You all have heard my proposal and it has a lot of off forum and off comment support. Talk to the people! They are getting angry!
When a guy with the surname "Canuck" moves elsewhere, you have to wonder what's up...though I cannot say if he left over the taxes:
http://www.erepublik.com/en/article/hello-enl--2541499/1/20
Given the current trend in finances and player retention, I'm frankly surprised that DMV3 is poised to win the election in a few days. A CPF endorsement combined with a fractured opposition (seriously guys, no parties are combining efforts to rally behind a contender!?!) will ensure more to come next month. Maybe not such huge fail on DMV's part after all : /
Being completely honest here, this article wasn't a discussion on tax rates.
Your right, but because the situation in eCanada is getting so bad, we are not really open to voluntiers these days. Nor are many interested in learning something about the game. When and if you become a congressmen/women you will be disappointed in the inactivity and there is no legal counter to having deadbeat congressmen/women. I salute the congressmen/women who are making a strong effort. But lets face it we need to get rid of the trash Party Presidents that break congress.
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[removed]
http://ecan.forumotion.com/t789-work-tax-change
Here it is, plain and clear who voted no. I'm pretty sure the entire congress of Rylde's Whorehouse voted no to change the tax rate to 8%.
So change their mind...They apparently have fixed the problem with inactive congressmen. Fix your delegation. Then maybe congress can have a reasonable discussion about eCanada.
Dude, I have two congressmen. My party's not big enough to have a list. My party has a 100% activity rate both in game and on forums. "My delegation" is quite reasonable.
I have absolutely no control over what Rylde, Aries Prime, Molly Jo, T.E. Lwrence or Quentin Carlson tell their congressmen.
And like I said Hotelier, I salute those congressmen/women who are active. Its the overall inactivity in discussions that breaks the system allowing factions to rule. Work with other Parties to get their member active and form a coalition. That's how successful congress' ran in the days gone by. I am wagging my finger disappointingly at those inactive schmucks who take the title of congressmen/women and take the gold and then do NOTHING!
OLloyd you're welcome to join congress and do something instead of throwing stones at us from the outside.
I was surprised to learn that the Minister of Finance doesn't perform the duties that are allocated to the Comptroller.
Also seems to be a little silly to have the Comptroller position for life, due to the risk that the player becomes inactive, such as seems to have happened recently. Might be a good idea to revisit the Act and instate a deputy at least..It's always a good idea to have some redundancy in place.
The redundancy is that if the Comptroller become inactive we can replace him or her as well as have the President reset the password to the org containing our money.
I doubled as MoF and Comptroller in most terms; they are generally lumped together.
o7
Oh, I am certainly still here and never actually went anywhere.
The irony is not lost on me that a vote to remove me based on "inactivity" happened without anyone actually saying a word to me.
Well that just sucks. Someone needs to amend the Act to ensure that there is better communication in future.
yay! you're still around! 😃D
Stuck with me for a bit longer it would seem!
Kind of some cart before the horse logic there. If people are wondering where you are, then haven't you already gone inactive? With weeks of financial conversations why would the Comptroller not willingly want to participate in those conversations?
Comptroller 😕= MoF in the current cabinet.
I hold the keys, doesn't mean I call the shots.
~hyuu~