BearingPoint aids Afghanistan

BearingPoint Inc. of McLean, Va., has installed and is helping to operate a financial management information system for the government of Afghanistan.

The work is part of a nearly $4 million contract the company, formerly known as KPMG Consulting Inc., won to help the government upgrade its accounting system.

The two-year project, financed by the World Bank, is viewed as a critical step to ensuring accountability for processing and reporting the government's operating budget, which is largely financed by international contributions.

An estimated $4 billion in international aid is expected to flow to the government, called the Islamic Transitional State of Afghanistan. The financial management system will help track some of the money as the system's coverage grows to include grants for donor-funded projects, company officials said.

FreeBalance Inc., an Ottawa-based financial software developer, is BearingPoint's teammate on the project.


Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.