Derek Boyd

CPA

Partner

+1 (703) 923 8273

Derek Boyd is a partner in the government contractor advisory services practice of Baker Tilly.

Derek has more than 15 years of experience working with and for government contractors in a variety of industries, including technology, professional services, aerospace and healthcare. Derek assists government contractors on a wide range of business issues and regulatory compliance matters. Prior to joining Baker Tilly, Derek was the director of government compliance for a major government contractor.

Experience

Supports clients to design and implement compliance programs to meet regulatory requirements throughout the life cycle of a government contract from proposal preparation to contract closeout
Aids clients in government audits and negotiations, including responding to Defense Contract Audit Agency (DCAA), Centers for Medicare and Medicaid (CMS) audit reports and Defense Contract Management Agency (DCMA) final determinations
Analyzes complex accounting system data from various software platforms (including Deltek Costpoint and SAP) for multiple government contractors, using this data to analyze overall financial health of contractors, complete required regulatory findings such as incurred cost submissions, and conduct statistical unallowable cost testing pursuant to Federal Acquisition Regulations (FAR) Part 31 cost principles
Supports clients to develop indirect cost rate structures, cost accounting systems and contract pricing which comply with FAR, Cost Accounting Standards (CAS) and other applicable requirements
Assesses clients’ compliance with CAS, including negotiating cost accounting practice changes, resolving CAS noncompliances and preparing cost impact analyses and CASB disclosure statements
Conducts reviews of contractor business systems for compliance with DFARS requirements, helping to prepare contractors for system demonstrations and walkthroughs support government audits, including documenting detailed corrective action plans to address audit findings
Documents effective policies, procedures and manuals around a variety of operational functions and business systems in order to meet both internal stakeholder needs and external compliance requirements
Develops termination settlement proposals to support government contractor’s recovery of all reasonable costs resulting from terminations for convenience or default
Supports attorneys on bid protest matters as a compliance expert
Performs financial and compliance related due diligence engagements for both buy- and sell-side M&A transactions
Manages large-scale system implementations impacting key contractor business systems, including requirements gathering, business process flows and acceptance testing
Develops and executes to internal audit plans unique to the needs of government contractors

Involvement

American Institute of CPAs
American Bar Association
National Contract Management Association
Professional Services Council

Thought leadership

Host, “Fed Talks: A Baker Tilly Podcast”
Adjunct Professor, George Mason University (government contract accounting)
Developed and instructed numerous trainings and webinars over the last 10 years for several associations, including GWSCPA, VSCPA, NCMA, IIA, Federal Publications, PCI, other industry-specific conferences and more