Kearney & Company has supported every major Executive Branch agency and multiple independent federal entities within civilian government. With our diverse team of experts, we deliver innovative solutions that promote transparency and strong financial governance across a range of public missions.
Federal Civilian
Improving service to citizens through sound financial management
Healthcare
Serving the federal healthcare sector for over a decade, Kearney brings applied expertise in the rules and regulations that govern healthcare programs. This knowledge stems from our team’s specialized training in industry-specific workshops, as well as extensive work on major healthcare projects. Our professionals help healthcare clients accelerate service delivery; address risk; monitor funding properly and expeditiously; achieve strategic goals; and respond to ever-evolving federal requirements and rapid-response requests.
By pairing progressive technology with cross-functional capability, our team supports the leadership, communications, data analytics, reporting, grants, project management, internal controls, and financial operations that drive America’s healthcare mission.
Security & Justice
Kearney has over 15 years of experience helping national security and law enforcement organizations responsibly finance their missions. Our risk management and systems experts provide trusted, strategic guidance to help high-profile clients strengthen their processes, internal controls, and cybersecurity postures. As a result, Kearney’s clients can better manage risk across their enterprise, while remaining fully transparent and accountable to Congress and taxpayers.
Financial Institutions
Kearney provides best-in-class audit, IT, cybersecurity, and advisory support to financial institutions. Our team has deep experience in the financial services environment, and we’re fluent in the laws, regulations, standards, and systems that govern its practices. We pair our industry knowledge with deep technical expertise—helping clients manage risk, develop policies, improve processes, strengthen compliance, and secure their IT enterprise. We have a strong record of meeting project milestones and budgets, while positioning high-profile financial institutions for future success.
Case Studies
Kearney supported the National Credit Union Administration (NCUA) with its implementation of ASC 326 Current Expected Credit Losses (CECL) across three separate funds. CECL is an accounting standard that was introduced by the Financial Accounting Standards Board in 2016 and requires financial institutions to estimate and recognize expected credit losses over the lifetime of loans and other financial assets on their balance sheets. Kearney assisted the NCUA by researching and developing new accounting policies, testing and validating new credit loss models, and drafting disclosures for the annual financial statements.
Kearney performed the valuation of a sample of securities within a state’s Pooled Money Investment Account administered by the State Treasurer, as well as a sample of securities held as collateral for the state’s demand deposits and time deposits. Kearney evaluated the reasonableness of the market values reported by the State Treasurer for the sampled securities and provided a detailed analysis for each sampled security, comparing the independently determined value to the State Treasurer’s value. To perform the work, Kearney utilized Bloomberg’s Evaluated Pricing service, BVAL, which supplies independent and transparent evaluated pricing daily for over 2.5 million securities across all asset classes, including thinly traded and hard-to-price fixed income securities.
For one healthcare client, Kearney developed data pipelines in legacy and newly developed systems and applications to establish repeatable and automated processes that efficiently ingest, prepare, and analyze datasets. We managed over 1.3 billion pandemic-related data points, which allowed Kearney to rapidly develop and deploy interactive dashboards that synced to curated datasets and provided actionable insights.
We’ve conducted hundreds of reviews of health plans and providers nationwide, including more than 350 audits of Centers for Medicare and Medicaid Services providers that led to the identification of $150 million in recoverable costs.