Randall Loughlin is Division Chief of the Auditor-Controller's Accounting Division. He oversees the operations of the County’s central accounting systems and the accounting systems governance. The Accounting Division areas of responsibilities are: Budgetary Accounting, Cost Accounting, Capital Assets Accounting, Property Tax Accounting, Special Funds Accounting, Warrant Reconciliations, General Ledger Accounting, eCAPS Controls, Franchise and Concessions Accounting, Bond Accounting, Cash Flow Analysis and Single Audit Grant Accounting. This Division also publishes the annual the Taxpayers’ Guide, Final Budget Book, and the Comprehensive Financial Annual Report.
Mr. Loughlin joined the Auditor-Controller Department in 2018. He has over 30 years of accounting experience, including leadership roles in a Fortune 500 company in the areas of Corporate Accounting, Financial Planning & Analysis/Corporate Budgets, Financial Reporting and Technical Accounting. Mr. Loughlin holds an M.B.A. in Finance and Accounting from the Drucker School of the Claremont Graduate University and a B.A. in Economics from Long Beach State University. He is a Certified Public Accountant and a Certified Management Accountant.
The Accounting Division exercises accounting control over all financial transactions of the County, school districts, and special districts including bond payments. The Division is responsible for preparing legally required financial reports, such as the Comprehensive Annual Financial Report. The Division also monitors the County's cash position and acts as Controller for various County governed entities such as the Joint Powers Authorities and non-profit corporations. Additionally, the Division prepares cost rate studies and the Countywide Cost Allocation Plan to recover overhead from Federal and State programs; accounts for franchise and royalty receipts; and, maintains control over personal and real property owned by the County.