Jeff Steinhoff
Executive Consultant, KPMG
Resourcing and Financial Management, Risk Management
Contact Information
Jeff Steinhoff
Executive Consultant, KPMG
Resourcing and Financial Management, Risk Management
Contact Information
Jeff Steinhoff has over 54 years of professional experience in government financial management and auditing, over 44 years in senior leadership positions. He served as Assistant Comptroller General of the United States for Accounting and Information Management at the U.S. Government Accountability Office (GAO) and as Managing Director of the KPMG Government Institute before retiring from full-time employment in May 2020. He is now an executive consultant to KPMG.
KPMG
Joining KPMG after his retirement from GAO in 2008, Jeff helped establish the KPMG Government Institute and served as its Managing Director. The Institute is a strategic resource for government at all levels as well as higher education and non-profit entities seeking to achieve high standards for accountability, transparency, and performance. It is a forum for ideas, a place to share leading practices, and a source of thought leadership to help governments address difficult challenges. Jeff was also a Managing Director in KPMG’s Federal Consulting practice, providing subject matter expertise to a range of clients, and serving as the KPMG Executive Fellow to the Federal CFO Academy at the National Defense University.
He is a charter/past member of the Department of Defense Audit Advisory Committee and a past member of the NASA Audit, Finance and Analysis Advisory Committee. In 2008, he chaired a Defense Business Board Review Panel, making recommendations to the Secretary of Defense regarding the Defense Contract Audit Agency.
GAO
In 2008, Jeff retired from GAO after a 40-year federal career, with over 21 years in the Senior Executive Service and over 30 years in senior leadership positions. He served as Assistant Comptroller General of the United States for Accounting and Information Management and Managing Director for Financial Management and Assurance. He headed GAO’s largest audit unit, with responsibility for oversight of federal financial management and auditing issues. He led the development of “Government Auditing Standards and the Standards for Internal Control in the Federal Government” as well as the “Financial Audit Manual” and the “Federal Information System Controls Audit Manual” used across the federal government and by public accounting firms performing federal financial statements audits.
Jeff served on the staff of the Senate Governmental Affairs Committee and was a principal architect of the landmark Chief Financial Officers (CFO) Act of 1990. He was involved with government-wide implementation of the CFO Act and a range of other financial management improvement legislation for which he was also a principal architect, such as the Federal Managers’ Financial Integrity Act, the Federal Financial Management Improvement Act, the Debt Collection Act and the Prompt Pay Act.
He served as Chair and was a longstanding member of the former Joint Financial Management Improvement Program’s (JFMIP) Steering Committee, which developed the federal core financial management standards and provided leadership and guidance across a range of federal financial management issues. He also represented GAO on the Public Company Accounting Oversight Board Standing Advisory Group.
Professional Associations and Recognition
A Past National President of the 14,000-member Association of Government Accountants (AGA), Jeff founded AGA’s Certified Government Financial Manager (CGFM) program, chairing and serving on the Professional Certification Board from 1994 to 2015. He is the current Chair of AGA’s Professional Ethics Board and serves on the Past National Presidents’ Council.
A 48-year member of the American Institute of Certified Public Accountants (AICPA), Jeff has served on its Members in Government and Strategic Planning Advisory Committees. He is also a member of the American Society of Military Comptrollers (ASMC), and the Association of Certified Fraud Examiners (ACFE).
Elected a NAPA Fellow in 2010, he chaired/served on the Audit Committee for seven years, chaired the 2014 Annual Meeting, and served on a NASA IG and the DHS IG study panels.
Jeff is the recipient of 45 professional awards, including:
Publications and Speaking Engagements
Jeff is one of the authors of the May 2012 book, “Governing to Win: Enhancing National Competitiveness Through New Policy and Operating Approaches.” He is one of the authors of the “Fraud Risk Management Guide,” published in 2016 by COSO and ACFE, and “Managing the Business Risk of Fraud: A Practical Guide,” published in 2008 by the AICPA, Institute of Internal Auditors, and ACFE. He has also authored/ co-authored over 100 published professional journal articles, essays, research reports, white papers and executive guides and hundreds of audit reports and testimonies.
Jeff is a widely recognized national spokesperson on government auditing, internal controls, financial management and information management issues, having spoken at hundreds of professional conferences and events across the nation. He has testified extensively before the U.S. Congress on a wide range of financial management and auditing issues and legislation and before the Securities and Exchange Commission and the State of New York on internal control issues.
Education and Professional Certifications
Jeff graduated from the College of William and Mary, majoring in business administration/accounting. He completed the Information Systems Program at the Wharton School of the University of Pennsylvania and the Senior Executives in Government Program at Harvard’s Kennedy School of Government. He is a CGFM, CPA, CFE, and Chartered Global Management Accountant.