For many government contractors, working with an accountant is about one thing: staying compliant. And while compliance is critical especially when it comes to DCAA, FAR, and CAS it’s only part of the picture. The truth is, financial strategy and compliance go hand...
The New Year marks a fresh start and an opportunity to set your government contracting business up for success. As you step into 2025, it’s crucial to take a proactive approach to your financial management and compliance. At PWCPA PC, we specialize in helping...
When it comes to running a business, the constant tug-of-war between profitability and growth can leave even the most seasoned entrepreneurs scratching their heads. Should you focus on maximizing profits now, or should you reinvest those profits into expansion to...
In today’s digital age, cloud computing for government contract accounting has emerged as a game-changer in this industry. The integration of cloud technology offers substantial benefits, including enhanced efficiency, accuracy, and scalability. This blog delves...
As government contracts increasingly emphasize sustainability and ethical practices, integrating ESG (Environmental, Social, Governance) criteria into accounting practices has become essential. ESG criteria not only align with regulatory expectations but also enhance...
Managing compliance for multi-year government contract can be a complex endeavor. These long-term agreements involve multiple regulatory requirements and evolving guidelines, making it essential for contractors to stay vigilant and adaptable. This blog delves into key...