The Island Government Finance Officers’ Association 2006 Spring Conference Report is now available. The IGFOA met in Montreal, Canada, in May, 2006.
The Island Government Finance Officers’ Association (IGFOA) was established in 1999 to promote improved financial management in the insular governments. IGFOA has met twice a year since 2000 to discuss public sector accounting and financial management requirements and to discuss best practices for implementing those requirements in the insular areas. Through funding provided by the U.S. Department of Interior’s Office of Insular Affairs (DOI/OIA), the IGFOA spring conference is generally held immediately following the annual Government Finance Officers’ Association (GFOA) conference.
IGFOA held its 2006 spring conference inMontreal,Canadafrom May 10 – 11, 2006. Representatives of the finance offices from all the insular governments except theMarshall Islandsparticipated in the conference and work sessions. Due to a meeting of the Asian Development Bank held inIndiathe same week as the Montreal IGFOA conference, RMI officials and other key financial managers from several of the freely associated governments were unable to attend theMontrealmeeting.
IGFOA’s spring 2006 conference had three major goals. The first goal was to report and document the progress the insular governments have made in improving audit results. The second conference goal was to identify what additional steps insular government finance offices can take to further improve audit results and financial operations. The third conference goal was to introduce to the insular government finance officers several key public sector tools and competencies for better managing their resources.