ÐÓ°ÉÂÛ̳

BRIEF

Delivering on the Need for Accounting Talent in Micronesia

Accounting Talent in the Federated States of Micronesia Coming Up to Global Standards

Local accounting talent is in short supply in the Federated States of Micronesia (FSM). The government typically resorts to hiring foreign consultants to fill many accounting needs. With FMUP¡¯s support, the country is now moving toward increasing the homegrown talent pipeline for business and government ¨C and creating great career opportunities in the process.

Drawing on experience in Africa with FMUP¡¯s FASE program, the FMUP team developed a competency-based curriculum framework for FSM, with three country-specific modules: business law, taxation, and public sector. The team also developed a syllabus, learning materials, and guides for instructors. Work was done in close partnership with the College of Micronesia-FSM (COM-FSM), which is offering the program. Graduates earn a certificate from COM-FSM. 

College of Micronesia - FSM president and CEO
As the only community college in a Big Ocean State, COM-FSM partnerships are critical to mission-driven success,¡± said Theresa Koroivulaono, Ph.D, President and Chief Executive Officer of COM-FSM. ¡°Partnering with the ÐÓ°ÉÂÛ̳ to develop and deliver a globally competitive accounting technician program that directly provides quality graduates for FSM's workforce is a milestone achievement."    

The first class of accounting technicians started in January 2025. The class includes 30 students from the government sector, 20 women and 10 men. The accounting program is being delivered by COM-FSM on its main campus in Palikir, Pohnpei, with an online option to reach students from other FSM islands.