The Island Government Finance Officers’ Association (IGFOA) has met at least annually every year since 1999 to participate in professional development and networking activities and to establish an agenda for financial management improvement. The conferences also provide a forum for participants to discuss common issues and strategies, and to develop a shared agenda for training, organizational development, and technical assistance.
During recent conferences, the IGFOA has focused on improving financial, accounting and budgeting practices and has provided workshops on topics such as ethics and political transitions. This year’s winter conference presented trainings on: strengthening finance office performance measures; creating better understanding among different generations at work; and getting and staying healthy. In addition, participants were updated on new GASB accounting standards as well as changes in uniform grant guidance relating to procurement. Finally, the forum provided the opportunity to develop government-specific action plans, which addressed many issues, including audit performance, federal grants and review processes, new accounting standards, cash management, staff training, communication, and personnel evaluations.
The IGFOA Executive Committee built the agenda for the conference based on input solicited from IGFOA members, feedback from previous conferences, and current issues in government accounting. The goals of the December 2015 IGFOA conference were to:
- Share the status of each government’s single audits, finance office operations and performance measures, and other initiatives completed since the June 2015 IGFOA conference.
- Present and discuss best practices in federal program coordination, finance office performance measures, single audit improvement, and cash management.
- Exchange information on the latest Performeter analysis.
- Build government-specific plans to implement new GASB standards, improve communication and fiscal capabilities with federal program managers, enhance finance office performance measures, and improve management skills and capabilities.
The 30 IGFOA participants represented nearly all of the US-affiliated insular areas.