Areas of Expertise:
- Governance, risk, and compliance (GRC)
- Enterprise risk management
- Internal controls
- CFO Act audit support
- Business process improvement
- GAO Green Book
Bill Hughes serves as Managing Director and Public Sector Market Lead at MorganFranklin Consulting, where he has been instrumental in creating, leading, and shaping the strategic direction of the company's government sector activities. In addition to leading a number of key projects, Bill is responsible for client service, business development, practice development, the creation of new service offerings, and all other aspects of practice operations.
Bill possesses more than 22 years of professional services experience conducting external audit, audit readiness, internal control, financial management, and consulting engagements. He has successfully led large project teams comprised of staff, subcontractors, subject matter experts, and specialists on high-profile, complex multinational federal and commercial projects. Bill is deeply experienced with federal (CFO Act) and commercial audits, Sarbanes-Oxley (SOX)/Office of Management and Budget (OMB) No. A-123, COSO/GAO Internal Control Framework (Green Book), GAO FAM/FISCAM, GAO Yellow Book (GAGAS), FFMIA, FMFIA, and other OMB, GAO, Federal Accounting Standards Advisory Board (FASAB), and American Institute of Certified Public Accountants (AICPA) regulations. His service offering specialties include: CFO Act audit and audit readiness; governance, risk, and compliance (GRC); risk management; performance improvement; security and data management; CFO compliance/federal financial management; and OMB A-123.
"I get a lot of my energy from working hand in hand with government clients. I feel like it’s my way of contributing to public service by helping them do more with less while getting closer to meeting their missions’ goals."
Effective May 20, 2013, Bill was appointed to the U.S. Government Accountability Office (GAO) Green Book Advisory Council (GBAC) for a two-year term. He was nominated by the GAO to share his expertise and insight as the GBAC works to revise and update GAO's Standards for Internal Control in the Federal Government, also known as the "Green Book."
Prior to joining MorganFranklin, Bill served for more than 10 years with PricewaterhouseCoopers LLP, focusing on U.S. federal agency and public and private commercial clients in the technology, software, government contractor, and information communication industries. He was also a director in PwC's Washington federal practice, where he led various CFO Act audit, audit readiness, and A-123 projects. Additionally, he served as the lead program director for PwC's DoD Office of Inspector General (OIG) audit readiness program and was responsible for helping to shape the firm's federal CFO Act audit readiness and A-123 methodologies. Most recently, Bill served as PwC's lead program director for the U.S. Department of Agriculture's (USDA) OMB A-123 SOX engagement.
Bill is a member of the American Society of Military Comptrollers (ASMC), New York State Society of Certified Public Accountants (NYSSCPA), and AICPA, where he serves on the 2013 AICPA National Governmental Accounting and Auditing Update Conference (GAAC) Planning Committee. He is also a past member of the FASAB Accounting and Audit Policy Committee (AAPC) and General Property, Plant, and Equipment Task Force, as well as a current member and past president of the Association of Government Accountants (AGA) Northern Virginia Chapter. In addition, Bill serves on the executive committees for the Leukemia & Lymphoma Society's metro Washington, D.C., Light the Night and Leukemia Ball events.
Bill earned a Bachelor of Science degree in accounting from Canisius College in Buffalo, N.Y. He is licensed as a Certified Public Accountant (CPA) in New York, Virginia, and Washington, D.C., and is a Certified Government Financial Manager (CGFM) and Certified Internal Controls Auditor (CICA).