PWCPA Blog

Government contractors face a unique set of financial challenges, especially when it comes to managing indirect costs. Indirect costs—such as utilities, administrative support, and rent—can easily eat away at your profits if not properly allocated and monitored. For...

Government contract audits are a critical aspect of working with federal agencies, ensuring that contractors comply with the stringent requirements set forth in their contracts. These audits are designed to verify that contractors are accurately reporting costs,...

For government contractors, managing cash flow effectively is a critical aspect of maintaining financial stability and ensuring the successful completion of contracts. However, cash flow management in this sector comes with unique challenges. Unlike other industries,...

For government contractors, maintaining effective internal controls is not just a best practice; it's a critical requirement for ensuring compliance with federal regulations and safeguarding the integrity of financial operations. Internal controls are the policies,...

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are vital initiatives by the federal government aimed at fostering innovation and technological advancement in small businesses. These programs provide crucial funding...

In today’s fast-paced business environment, effective cash flow management is critical to the success and sustainability of any enterprise. While many businesses focus on increasing revenue, managing cash flow can be the difference between thriving and merely...

In the ever-evolving world of government accounting, leveraging technology has become essential for efficiency, accuracy, and compliance. Peter Witts CPA understands the critical role that advanced technology plays in helping government contractors and agencies manage...