Russell Forbes is a director with Baker Tilly’s digital solutions practice. He has advised clients on matters related to Cost Accounting Standards (CAS), Defense Federal Acquisition Supplement (DFARS), contractor business system requirements and accounting system implementations. His industry experience also includes supervision of accounts receivable departments and contract closeout administration.

Russell Forbes is a director with Baker Tilly’s digital solutions practice.

Managed and executed data conversion into Costpoint data tables, including mapping data sources to targets, cleansing data sources and validating conversion output with process stakeholders

Reconciled government contract unbilled revenue balances by fiscal year and funding source to facilitate final invoicing and contract closeout

Developed CAS compliant indirect rate structure for a large federal contractor, including design of indirect cost pools and preparation of disclosure statements

Helped a premier consulting services company with an ongoing incurred cost submission preparing required cost schedules

Supported a nuclear energy contractor through a restructuring of cost accounting structure. Modeled proposed indirect cost rates using incurred actual cost data and quarterly budget estimates

Assessed contractor accounting system for compliance with DFARS accounting system criteria, including business process documentation and internal control testing

Performed due diligence for private equity investment group on the federal compliance concerns faced by an acquisition target

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