Alexandria, VA – May 17, 2022 – Kearney & Company, the premier Certified Public Accounting firm focused on the government, has been selected as a prime contractor under the Department of the Navy’s newest iteration of the Financial Improvement Program IV contract. The total value of this indefinite-delivery/indefinite-quantity, multiple-award vehicle is estimated at $999.6 million over five years. Kearney’s FIP IV award demonstrates the firm’s outstanding capability to support broad-based financial improvement at the largest and most complex government entities.
Kearney has provided the financial improvement and audit readiness services available under FIP IV across the Department of Defense for more than 15 years. The firm also brings Navy- and Marine Corps-specific audit experience to the program. The combination of extensive experience and deep capabilities equips Kearney with a unique ability to successfully support the DON on this important work.
The DON has worked for years to build a Financial Improvement and Audit Remediation Program that comprises all DON Major Commands. A 2020 full financial statement audit provided the foundation for a reform effort to have financial data more closely inform decision-making. The support provided under FIP IV is intended to assist DON in achieving a clean audit opinion by 2027 as part of larger efforts around audit remediation and systems consolidation and modernization.
Kearney anticipates providing support across budgeting, information technology, financial reporting, and process improvement.
“Kearney never forgets that the work we do must first help our customers achieve their mission,” said Kearney’s Chief Operating Officer, Brian Kearney. “Our approach to supporting the Financial Improvement Program includes modernizing, optimizing, and increasing the efficiency of combat support functions across the Navy and Marine Corps. We are most proud of this DON award that recognizes our legacy as a cutting-edge firm and a leading employer.”
About Kearney & Company, P.C.
Established in 1985, Kearney & Company is a CPA firm specializing in providing audit, consulting and technology services to the government. Narrowing our market focus allows us to deepen our understanding of government agencies and provide industry-leading insight to our customers. Our bench of more than 900 personnel – operating from our Alexandria, Va., headquarters and satellite offices across the U.S. – have provided services to every Cabinet-level department and most other agencies and commissions. The support we provide helps make government better.