NASACT was founded in 1915 to allow principal state officials concerned with state financial management to gather annually and discuss problems and issues of mutual interest. Over the years, state financial management has become increasingly complex, and in response NASACT has grown to address new needs by offering increased levels of service, training and networking.
NASACT's mission is to assist state leaders in enhancing and promoting effective and efficient management of government resources. The Association accomplishes this mission by:
- Providing information regarding financial issues affecting the states.
- Uniting efforts to improve financial management practices at all levels of government.
- Sharing expertise and ideas that promote effective financial management.
- Advancing financial management through research and the use of technology.
- Developing and promoting an exchange of industry best practices.
- Working cooperatively with other organizations.
As a national advocate for financial industry excellence, NASACT addresses issues of education, training, technology, best practices and collaboration in a variety of ways.
NASACT works to identify, monitor, compile and distribute information for members, keeping them informed on emerging federal legislation and agency developments impacting state fiscal activities. The Association's Washington office acts as a liaison with Congressional committees, federal agencies and other national associations on issues of interest to NASACT.
Through monthly newsletters and weekly Washington updates, NASACT keeps members informed about developments inside and outside state government, providing valuable insight on topics affecting their work and their states.
Various technical training and technical assistance programs are available through NASACT's headquarter office in Lexington, Kentucky. Programs are held across the country and throughout the year, as requested by interested members. In addition to providing the latest information on industry standards and innovations, these sessions are a forum for discussion about issues affecting both government and the private sector.
Annual conferences give NASACT members a variety of training options - workshops, roundtable discussions and presentations, all facilitated by leading state, federal government and private sector experts. Conference highlights include programs designed to explore pertinent administrative and technological aspects of state financial management and networking opportunities that give members valuable peer-to-peer interaction time. NASACT is a member of the National Association of State Boards of Accountancy and offers credit for continuing professional education at all of its conferences.