Finance

Insular space authorities finance officers bear coaching | Information

WASHINGTON (Press Launch) —  The U.S. Division of the Inside’s Workplace of Insular Affairs is happy to notice that the Island Authorities Finance Officers Affiliation or IGFOA has reconvened their first in-person assembly in over two years, as they ended their summer time 2022 assembly.

Twenty-eight finance officers and authorities monetary officers from American Samoa, the Commonwealth of the Northern Mariana Islands, the Federated States of Micronesia, the Republic of Palau, and the U.S. Virgin Islands convened from June 4 to 9, 2022, in Austin, Texas for the biannual IGFOA together with the related convention of the Authorities Finance Officers Affiliation or GFOA of the US and Canada.

“We’re happy to see that the finance officers throughout the insular areas are reconvening and reconnecting to coach and community on issues associated to monetary administration,” stated Keone Nakoa, Inside’s deputy assistant secretary for insular and worldwide affairs. “These officers serve their respective island areas as necessary stewards of public funds, and we at OIA are happy to assist present assist as you’re employed to handle public funds effectively, accurately, and pretty for the assorted communities you serve.” 

Funded by way of the Workplace of Insular Affairs’ Technical Help Program, the IGFOA is a neighborhood of observe comprised of insular authorities finance officers who work to construct the native capability by way of biannual conferences that present technical coaching and strategic assist in public finance and accounting.

On the Summer time 2022 assembly, the federal government delegations met to share insular authorities finance developments, coordinate attendance at GFOA convention periods, and focus on their respective islands’ single audits, enterprise useful resource planning, worker engagement, and plans to implement GASB 87 lease accounting.

The islands finance officers then joined roughly 6,400 convention attendees for the GFOA with audio system, sponsors, exhibitors, and visitors from throughout the US, Canada, and worldwide. Convention attendees had been supplied over 73 programs targeted on bettering their technical and management competencies.  

Extra data on the IGFOA and the Pacific & Virgin Islands Coaching Initiatives that organizes the IGFOA might be discovered on-line at: https://pitiviti.org

Extra details about the U.S. Division of the Inside’s Workplace of Insular Affairs might be discovered at www.doi.gov/oia

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