Government Finance Officers Association
The Government Finance Officers Association (or GFOA) is a professional association of approximately 18,500 state, provincial, and local government finance officers in the United States and Canada. GFOA is headquartered in downtown Chicago.
The original predecessor of GFOA was the National Association of Comptrollers and Accounting Officers which was formed in February 1906. Its name was changed in December 1931 to the International Association of Municipal Finance Officers. In June 1932, the name became the Municipal Finance Officers Association (MFOA). In 1973, the GFOA (then MFOA) was instrumental in the creation of the National Council on Governmental Accounting (NCGA). By the late 1970s, it was apparent that the NCGA couldn't fully do its job, due to part-time members and limited resources. Several public interest groups, including the GFOA and the National Association of State Auditors Comptrollers and Treasurers (NASACT), held public hearings to build consensus to create and fund a full-time standards-setting body. In 1984, the GFOA, NASACT, and others signed an agreement with the Financial Accounting Foundation that gave them a voice and appointments in the creation of the Governmental Accounting Standards Board(GASB). The name Government Finance Officers Association was adopted in April 1984. [1]
The Research and Consulting Center also is nationally recognized for its objective and practitioner focused consulting services for state and local governments. GFOA consulting services focus on business process improvement, organizational assessments, long‐term financial planning, budgeting, and planning and procurement assistance for technology projects.
GFOA's technology consulting practice was formed in 1998 to respond to GFOA members need for objective, independent guidance on procurement and implementation of enterprise resource planning (ERP) systems in advance of Y2K. As a non-profit membership organization, GFOA has no affiliation with any software or hardware vendors, and serves as an independent source of information for local governments.
Over the past 15 years, GFOA's technology consulting practice has become the market leader in assisting local governments through the process of assessing current systems, understanding the vendor marketplace, facilitating procurement of new systems, and providing detailed analysis and contract negotiation assistance to protect the best interests of governments with the purpose of reducing implementation risk. GFOA has assisted over 450 cities, counties, school districts, and special district governments with system selection, contract negotiation, and implementation readiness for ERP and other administrative systems.
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