State financial officers of the island area undergo training | News


WASHINGTON (Press release) — The US Department of the Interior’s Office of Insular Affairs is pleased to note that the Insular Government Finance Officers Association, or IGFOA, has reconvened for its first in-person meeting in over two years, following their summer 2022 meeting.

Twenty-eight finance officers and government finance officers from American Samoa, the Commonwealth of the Northern Mariana Islands, the Federated States of Micronesia, the Republic of Palau and the US Virgin Islands gathered June 4-9, 2022 in Austin, Texas for the biennial IGFOA including the Association’s Affiliate Conference of Government Financial Officers or GFOA of the United States and Canada.

“We are pleased to see finance officers across the islands re-convene and reconnect to train and network on financial management issues,” said Keone Nakoa, Deputy Assistant Secretary of the Interior for Insular and International Affairs. “These officers serve their island territories as important stewards of public funds, and we at OIA are pleased to help support you as you work to manage public funds efficiently, correctly and fairly for the diverse communities you serve.

Funded through the Office of Insular Affairs’ Technical Assistance Program, IGFOA is a community of practice made up of insular government finance officers who work to build local capacity through biannual meetings that provide technical training and strategic support in public finance and accounting.

At the Summer 2022 meeting, government delegations met to share island government finance developments, coordinate attendance at GFOA conference sessions, and discuss individual island audits, enterprise resource planning, employee engagement, and GASB 87 lease accounting implementation plans.

Island financial officers then joined approximately 6,400 conference attendees for the GFOA with speakers, sponsors, exhibitors and guests from the United States, Canada and around the world. Conference participants were offered over 73 courses aimed at improving their technical and leadership competencies.

Additional information about IGFOA and the Pacific and Virgin Islands training initiatives organized by IGFOA can be found online at: https://pitiviti.org

More information about the US Department of the Interior’s Office of Insular Affairs can be found at www.doi.gov/oia



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