Business

The Importance of Public Accountability

The Importance of Public Accountability

November 30
00:00 -0001

The Importance of Public Accountability

One of the main responsibilities of any public agency or civil servant is to be accountable to the people whom they serve, the American citizen. While this should be inherently achieved, as it is a responsibility that comes with the territory, there are also administrative laws that enforce public accountability.
Public accountability manifests itself in two primary forms: fiscal and social accountability. Each form of public accountability conveys certain rules that are different from each other and are regulated differently through administrative laws. There is no exception when it comes to public accountability in the public service sphere. Whether the agency or elected official is at the Federal, state or local level, they are accountable to the public.
Fiscal accountability to the American citizen involves several steps. The first being to operate within the agency’s allocated budget. This involves careful tracking of dimes and nickels in order to make sure the taxpayers’ money is spent properly. Although a government agency can spend more money than they are allotted, in many cases this happens with emergency management agencies since no government legislative body can foresee the problems that will occur over the course of the year when formulating a budget.
However, if mismanagement of funds occurs or not all the funds are used, then the Federal Government, through oversight committees regulating governmental agencies, can take legal action to punish the officials within the agency who mismanaged the American taxpayers’ money. Fiscal accountability involves the careful accounting of all expenses that at year end will be resubmitted to the legislature ensuring that the agency did in fact do their job.
Social accountability can manifest in many different ways. Many agency laws guide the conduct of their employees ensuring that they not only perform the job correctly, but do so in a morally acceptable fashion. Many times this focuses on eliminating practices to deceive the American public, or in other cases, making sure government contracts are awarded fairly. Contract abuses are some of the most common problems within government, as it is sometimes hard to alleviate the natural interconnectivity between oversight agencies and their industries.
When infractions occur within the realm of social accountability, similar legal recourse by the Government can be taken by against those who violated their social contract with the American public. This is true for both elected officials and agencies. At times agencies may go too far in trying to accomplish their mandate, and in doing such they end up breaking certain laws. This would be considered a violation in the sphere of social accountability.
By being entrusted with public resources, mainly the revenue collected through taxation, public officials and agencies need to hold themselves to higher standards than found in the private sector. While the private sector focuses on creating monetary gain for their employees, the public sector is required to make sure laws are carried out. Moreover, they are to make sure that social services are administered and the Government runs properly, and not succumbing to fraud.
Share

About Author

admin

admin

Related Articles

Business News

Google and IBM Discover Massive New Market Opportunity Mamadou Ndiaye grew up in the impoverished nation of Senegal.
Deep Fried: Burger King Twitter Hacked Deep Fried: Burger King Twitter Hacked Just two weeks after traces of horse meat were found in beef patties at a Burger King supply center in Europe, the fast-food chain’s Twitter was hacked.
Berkshire and 3G Capital Purchase Heinz for $23 Billion Berkshire and 3G Capital Purchase Heinz for $23 Billion Buffet, the CEO of Berkshire Hathaway, announced on Thursday that it plans to purchase the food giant for roughly $23 billion, adding Heinz Ketchup to the conglomerate’s stable of respected brands.
Martha Stewart Back in Court Again Martha Stewart Back in Court Again On Tuesday, the home decorating and banking icon appeared before the New York State Supreme court to defend her choice to sign a contract with J.
Young Adults are Too Broke for Loans Young Adults are Too Broke for Loans Young adults are facing less debt than they were 10 years ago, but that is not necessarily a good thing.
Lawsuit Alleges Budweiser Waters-down its Beer Lawsuit Alleges Budweiser Waters-down its Beer Beer drinkers across the United States have accused Anheuser-Busch of watering down its Michelob, Budweiser and other beer brands, in class-action suits that seek tens of millions in damages.
CNBC to Purchase “Nightly Business Report” CNBC to Purchase “Nightly Business Report” “Nightly Business Report,” the inventive public television series that has come into financial troubles in recent years, attracted a new deep-pocketed commercial owner, the 24-hour news and business cable channel CNBC, an element of Comcast’s NBC Universal.
Google Launches Touchscreen Chromebook Google Launches Touchscreen Chromebook Google on Thursday introduced a high-resolution Chrome OS portable computer equipped with a touchscreen.
Investigations Continue Into Plywood from China Investigations Continue Into Plywood from China On November 9, 2012, the International Trade Commission (USITC) announced that continuing investigations allege that hardwood plywood from China was subsidized and sold for less than fair value in the United States.
Department of Justice and Federal Trade Commission Sign Memorandum with Two Indian Authorities Department of Justice and Federal Trade Commission Sign Memorandum with Two Indian Authorities On September 27, 2012, the US Department of Justice and the Federal Trade Commission signed a memorandum of understanding with the Government of India Ministry of Corporate Affairs as well as the Competition Commission of India.
Another Taiwan Manufacturer Pleads Guilty to Price-Fixing Another Taiwan Manufacturer Pleads Guilty to Price-Fixing On September 25, 2012, the Department of Justice announced that the vice chairman of a Taiwan aftermarket auto lights manufacturer pled guilty to an international price-fixing conspiracy.
CME Group Software Engineer Guilty of Stealing Trade Secrets CME Group Software Engineer Guilty of Stealing Trade Secrets On September 19, 2012, the US Attorney’s Office in the Northern District of Illinois reported that Chunlai Yang pleaded guilty of two counts theft of trade secrets after working for CME Group for 11 years.
Economists Predict Meager Growth in 2011 Economists Predict Meager Growth in 2011 A number of businesses and financial analysts predict that the United States’ economy will grow only slightly in 2011, a bleaker forecast that was offered in July, when most entity’s called for a stronger improvement.
End of the Road for Steuben Crystal End of the Road for Steuben Crystal Steuben Glass, a name that once evoked images of prestige and sophistication, appears to be vanishing for good.

Guide To: Business Lawyers

Guide to Finding Business Lawyer Guide to Finding Business Lawyer How do I find a Business Lawyer?Business lawyers are essential for commercial enterprises to ensure that they remain knowledgeable of the laws regulating their business and protecting their assets from liability.
Guide to Finding Tax Lawyer Guide to Finding Tax Lawyer How do I find a Tax Lawyer?Tax lawyers specialize in helping clients who need guidance in navigating the complex tax codes of the United States and local state taxes.
Guide to Finding Bankruptcy Lawyer Guide to Finding Bankruptcy Lawyer Questions to ask, Fees, Preparing for appointment.