William J. Keating has over 35 years of consulting experience, and is a government contracts expert with a strong background in accounting, business systems and compliance advisory for aerospace and defense clients, and other government contractors.
Bill’s areas of expertise include Federal Acquisition Regulation (FAR), Federal Agency FAR Supplements, Office of Management and Budget (OMB) Super Circular, Cost Accounting Standards (CAS), and Federal Supply Schedules. He has advised organizations on government audits, business systems compliance, claims preparation, contract disputes and investigations.
Bill serves various business sectors, including aerospace and defense, information technology, construction and engineering services, nonprofit organizations, and other industrial and service industries. Bill provides support for U.S. government contract and grant issues, as well as accounting and auditing matters. Bill has experience with international clientele in Europe and Asia. He has led several, large-scale compliance and operational process improvement projects focused on the special requirements of government contracting, such as: contract cost accounting and reporting, billing, procurement, pricing and estimating.
Earlier in his career, Bill was the Managing Partner of the Government Contractor Advisory Services practice at KPMG. He also served as a senior executive of Government Contracts practices at other international accounting firms including PricewaterhouseCoopers (PwC). He has worked in industry at a major defense systems integrator. Bill began his career in the Federal government in the Defense Contract Audit Agency and the Inspector General’s Office of the General Services Administration.
to ensure each organization can successfully meet its compliance requirements, while minimizing impacts to operational efficiencies.
Bill has been on the Board of Advisors to the National Contract Management Association, and a long-time member of the Professional Services Council, the National Defense Industrial Association and the American Bar Association, Section of Public Contract Law. Bill regularly presents seminars on government contracting topics and is a frequent speaker at professional and industry associations. He is also published in the Journal of Accountancy and Bloomberg’s Federal Contracts Report. Bill is a Certified Public Accountant in Virginia and a member of the Virginia Society of Certified Public Accountants.
Specific areas of government contract consulting expertise include:
- Federal Acquisition Regulations (FAR)
- Cost Accounting Standards (CAS)
- Truth in Negotiations Act (TINA)
- Defense Contract Audit Agency (DCAA) audit support and audit defense
- Government Contracts Training (Accounting & Compliance related)
- Incurred Cost Submissions
- Accounting Systems
- Purchasing Systems
- Estimating Systems
- Forward Pricing Rates
- Cost Impact Statements
- CAS Disclosure Statements
- Defense Federal Acquisition Regulation Supplement (DFARS)
- Contract and Subcontract Negotiations, Administration and Management
- Price Analysis & Single/Sole Source Justifications
- Contract and Subcontract Risk Analysis
- Defense Contract Audit Agency /DCMA Interface & Audit Management
- CPSR Readiness and Risk Management
- GSA Schedule Contracting
B.A. Business Economics and M.B.A.
Bill graduated with a Bachelor of Arts degree and an MBA in Business and Economics from Lehigh University.