PWCPA Blog

A successful business strategy hinges on robust financial planning. Virtual CFOs provide the financial expertise necessary to align your business goals with financial realities. They bring a wealth of experience in financial management, ensuring that your business...

In today's rapidly evolving business landscape, financial reporting tailored to your specific needs is more crucial than ever. With the rise of Virtual CFO services, businesses of all sizes can now access the sophisticated financial management once reserved for large...

Blockchain technology, renowned for its secure and transparent nature, has gained significant traction across diverse industries. In the realm of government contract accounting, blockchain offers a promising avenue for revolutionizing operations. However, with great...

Navigating the world of government contracts involves understanding and complying with a complex set of regulations, primarily the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation Supplement (DFARS). These regulations are crucial for...

Led by a dedicated team, Peter Witts CPA seeks to ensure your financial planning is both robust and sustainable. Long-term financial planning is not just about forecasting future revenue and expenses; it's about creating a strategic vision that aligns with your...

Blockchain technology is revolutionizing government contract accounting by enhancing transparency and security. Here’s how: Transparency and Trust: Blockchain's decentralized ledger ensures all transactions are transparent and tamper-proof, boosting trust between...

Professional timekeeping and payroll management are paramount for ensuring operational efficiency within businesses. Accurately tracking employee hours not only ensures compliance with labor laws but also facilitates fair compensation and optimizes workforce...

The team at Peter Witts CPA is dedicated to delivering work that is timely, accurate, and professional. With the level of experience throughout our firm, we commit to further bettering ourselves to be able to give you knowledgeable and up-to-date advice that works...

Government contracts often involve complex financial requirements, especially when it comes to allocating indirect costs. Understanding how to properly allocate these costs is crucial for maintaining compliance, maximizing reimbursement, and ensuring profitability....