Office Of The Comptroller General Of Colombia
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Office Of The Comptroller General Of Colombia
The Office of the Comptroller General of the Republic of Colombia ( es, Contraloría General de la República de Colombia) is a Colombian independent government institution that acts as the highest form of fiscal control in the country. As such, it has a mission to seek the proper allocation of resources and public funds and contribute to the modernization of the state, by means of continuous improvement in the various public entities. It is one of the Colombian Control Institutions along with the Office of the Inspector General of Colombia. History In 1923, after several years of financial crisis, President Pedro Nel Ospina requested an expert committee to study Colombian economic conditions. This committee, led by American economist Edwin Walter Kemmerer (known as ''The Money Doctor'') was called the Kemmerer Mission. Kemmerer had already worked with Latin American governments; that of Mexico in 1917 and of Guatemala in 1919. Up until then the Court of Auditors ( es, Corte de C ...
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Bogotá
Bogotá (, also , , ), officially Bogotá, Distrito Capital, abbreviated Bogotá, D.C., and formerly known as Santa Fe de Bogotá (; ) during the Spanish period and between 1991 and 2000, is the capital city of Colombia, and one of the largest cities in the world. The city is administered as the Capital District, as well as the capital of, though not part of, the surrounding department of Cundinamarca. Bogotá is a territorial entity of the first order, with the same administrative status as the departments of Colombia. It is the political, economic, administrative, and industrial center of the country. Bogotá was founded as the capital of the New Kingdom of Granada on 6 August 1538 by Spanish conquistador Gonzalo Jiménez de Quesada after a harsh expedition into the Andes conquering the Muisca, the indigenous inhabitants of the Altiplano. Santafé (its name after 1540) became the seat of the government of the Spanish Royal Audiencia of the New Kingdom of Granada (creat ...
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Judicial
The judiciary (also known as the judicial system, judicature, judicial branch, judiciative branch, and court or judiciary system) is the system of courts that adjudicates legal disputes/disagreements and interprets, defends, and applies the law in legal cases. Definition The judiciary is the system of courts that interprets, defends, and applies the law in the name of the state. The judiciary can also be thought of as the mechanism for the resolution of disputes. Under the doctrine of the separation of powers, the judiciary generally does not make statutory law (which is the responsibility of the legislature) or enforce law (which is the responsibility of the executive), but rather interprets, defends, and applies the law to the facts of each case. However, in some countries the judiciary does make common law. In many jurisdictions the judicial branch has the power to change laws through the process of judicial review. Courts with judicial review power may annul the laws an ...
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Government Agencies Established In 1923
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ...
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Comptrollers General Of Colombia
A comptroller (pronounced either the same as ''controller'' or as ) is a management-level position responsible for supervising the quality of accounting and financial reporting of an organization. A financial comptroller is a senior-level executive who acts as the head of accounting, and oversees the preparation of financial reports, such as balance sheets and income statements. In most Commonwealth countries, the comptroller general, auditor general, or comptroller and auditor general is the external auditor of the budget execution of the government and of government-owned companies. Typically, the independent institution headed by the comptroller general is a member of the International Organization of Supreme Audit Institutions. In American government, the comptroller is effectively the chief financial officer of a public body. In business management, the comptroller is closer to a chief audit executive, holding a senior role in internal audit functions. Generally, the tit ...
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President Of The Congress Of Colombia
The president of the congress of Colombia ( es, Presidente del Congreso de la República de Colombia) is the leader of the Congress of the Republic of Colombia. The Presidency of Congress is assumed by the person elected as President of the Senate of Colombia by members of the Senate in an election held every year on July 20. The President of the Senate serves a term of one year without a chance for reelection in which s/he also assumes the presidency of Congress. The current President of Congress is Roy Barreras Roy Leonardo Barreras Montealegre (born 27 November 1963) is a Colombian politician and 2018 presidential candidate, currently serving as senator since 2010 and President of the Senate of Colombia since 2022. In addition to senator, Barreras se ... since July 20, 2022. Functions The President of Congress presides over general debates and also delegates duties to other members of Congress of the same political party. Aside from duties relating to heading Congress a ...
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Congress Of Colombia
The Congress of the Republic of Colombia ( es, Congreso de la República de Colombia) is the name given to Colombia's bicameral national legislature. The Congress of Colombia consists of the 108-seat Senate, and the 188-seat Chamber of Representatives, Members of both houses are elected by popular vote to serve four-year terms. The composition, organization and powers of Congress and the legislative procedure are established by the fourth title of the Colombian Constitution. According to article 114 of the Constitution, the Congress amends the constitution, makes the law and exercises political control over the government and the public administration. In addition, the Constitution and the law grant other powers to Congress, including certain judicial powers and electing senior judges and other senior public officials.ng Both houses of Congress meet at the
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Bank Of The Republic (Colombia)
The Bank of the Republic ( es, Banco de la República) is the central bank of Colombia. It was initially established under the regeneration era in 1880. Its main modern functions, under the new Colombian constitution were detailed by Congress according tLey 31 de 1992 One of them is the issuance of the Colombian currency, the peso. The bank is also active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion History There are at least three predecessors to the current bank. The first national bank was created in 1880, named the ''Banco Nacional'', and its functions included handling the state funds, issuing currency and making loans to the state. In 1894 the Congress closed the bank due to registered excesses in the issuance of currency and bonds. In 1905 the president Rafael Reyes created the ''Banco Central de Colombia'' but it was closed in 1910 by Reyes opponents. In 1923, after several years of financial crisis, President ...
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Executive Branch Of Colombia
The Executive Branch of Government in Colombia is one of the three branches of the government of Colombia under the Constitutional provision of separation of powers. The executive branch is led by the President of Colombia (elected by popular vote for a 4-year term) and its collaborating institutions; mainly the Council of Ministers (including Military and law enforcement agencies) and administrative departments supporting the executive branch (appointed by the president). Each department (province) is led by a "department governor" with derogatory functions from the President of Colombia to govern in its respective department. Governors are elected representative of the municipalities that form a department. Each governor also appoints a local cabinet; the "department secretaries" to support its governing duties. Furthermore, each municipality in Colombia is governed by a mayor (alcalde), which in turn derogates for the president of Colombia and the department governor within ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabil ...
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Guatemala
Guatemala ( ; ), officially the Republic of Guatemala ( es, República de Guatemala, links=no), is a country in Central America. It is bordered to the north and west by Mexico; to the northeast by Belize and the Caribbean; to the east by Honduras; to the southeast by El Salvador and to the south by the Pacific Ocean. With an estimated population of around million, Guatemala is the most populous country in Central America and the 11th most populous country in the Americas. It is a representative democracy with its capital and largest city being Nueva Guatemala de la Asunción, also known as Guatemala City, the most populous city in Central America. The territory of modern Guatemala hosted the core of the Maya civilization, which extended across Mesoamerica. In the 16th century, most of this area was conquered by the Spanish and claimed as part of the viceroyalty of New Spain. Guatemala attained independence in 1821 from Spain and Mexico. In 1823, it became part of the Fe ...
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Colombia
Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuela to the east and northeast, Brazil to the southeast, Ecuador and Peru to the south and southwest, the Pacific Ocean to the west, and Panama to the northwest. Colombia is divided into 32 departments and the Capital District of Bogotá, the country's largest city. It covers an area of 1,141,748 square kilometers (440,831 sq mi), and has a population of 52 million. Colombia's cultural heritage—including language, religion, cuisine, and art—reflects its history as a Spanish colony, fusing cultural elements brought by immigration from Europe and the Middle East, with those brought by enslaved Africans, as well as with those of the various Amerindian civilizations that predate colonization. S ...
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