Federal Funding Accounting,
Compliance, and Advisory
From Proposal to Audit
With 35+ years of government contract accounting experience and first-hand DCAA knowledge, Peter Witts CPA PC guides government contractors and federally funded organizations through the financial side of federal funding, from cost proposals and compliance to award management and growth.
Built for Government Contractors
Guidance for businesses pursuing, managing, and growing through federal funding.
Federal funding brings opportunity, but it also brings complexity. Before a proposal is submitted, before an award is accepted, and before an audit ever happens, businesses need to understand how pricing, cost structure, accounting systems, documentation, and compliance will shape their success.
Peter Witts CPA PC works with companies at every stage of the federal funding lifecycle. Whether you are preparing a cost proposal, pursuing SBIR/STTR funding, managing a DoD, DOE, NIH, or other federal award, or strengthening your accounting system for future growth, we help bring clarity to the financial requirements behind government-funded work.
Our role is to help you build the structure, discipline, and confidence needed to compete for federal opportunities, manage awards responsibly, and grow without being held back by accounting or compliance uncertainty.
Whether you're new to government awards or scaling your back office to meet growth, our firm delivers the clarity, strategy, and support needed to thrive.
What We Do Best
Specialized financial support for the full federal funding lifecycle.
Government-funded businesses face a different level of financial scrutiny. Standard bookkeeping is not enough when your organization must support cost proposals, track direct and indirect costs, manage federal invoicing, document allowability, prepare for audits, and make strategic decisions around growth.
Peter Witts CPA PC provides the accounting, compliance, and advisory support needed to help businesses pursue federal opportunities, manage awarded funds, and build a stronger financial foundation for long-term success.
DCAA Compliance Consulting
We help clients achieve and maintain full compliance with Defense Contract Audit Agency (DCAA) standards.
Government Contract Accounting
Government contract accounting requires accurate cost tracking, labor reporting, and documentation that standard bookkeeping does not provide. We help build and manage accounting systems that support compliance, visibility, and confident decision-making.
Outsourced Accounting Services
Your accounting should do more than keep the books current, it should support federal funding requirements and business growth. We provide outsourced accounting support designed for contractors, grant recipients, and federally funded organizations.
CFO-Level Advisory for Government-Funded Businesses
As federal funding grows, leadership teams need clearer insight into cash flow, pricing, indirect rates, and contract profitability. We provide CFO-level guidance to help you make informed decisions and prepare for larger opportunities.
Federal Contract Accounting & Invoicing
Accurate invoicing is essential to protecting cash flow and reducing compliance risk. We help ensure contract billing is supported by the right records, cost structure, and documentation.
Cost Proposal Development & Support
A strong proposal needs a financial structure that is realistic, defensible, and aligned with federal expectations. We help develop cost proposals, budgets, indirect rate models, and supporting documentation that strengthen your submission.
NIH, DOE, and DoD Grant Accounting Services
Federal research grants come with strict requirements for cost tracking, reporting, drawdowns, and documentation. We help organizations manage NIH, DOE, DoD, and other federal awards with clarity and compliance.
SBIR & STTR Program Financial Management
SBIR and STTR funding can help innovative companies move from research to commercialization, but the financial requirements can be complex. We help awardees manage budgeting, accounting, reporting, indirect rates, and audit readiness with confidence.
A Legacy of Protection
Built from DCAA experience. Focused on helping clients succeed in federal funding.
Peter Witts CPA PC was built from real-world experience with the challenges businesses face in government contracting. After working inside the Defense Contract Audit Agency, Peter Witts saw how many capable companies struggled not because they lacked strong technology, valuable services, or growth potential, but because they did not have the financial structure needed to meet federal expectations.
That insight shaped the firm’s purpose.
Since 2000, Peter Witts CPA PC has helped government contractors and federally funded organizations build stronger accounting systems, prepare cost proposals, manage award funds, support audits, and make better financial decisions as they grow. Our work spans first-time SBIR/STTR awardees, research and technology companies, defense contractors, and businesses managing multiple federal awards.
We help clients move through the federal funding lifecycle with confidence, from preparing for opportunities to managing active contracts and grants, staying audit-ready, and building the financial infrastructure needed for long-term growth.
Our Promise to Every Client:
- We help you prepare before funding creates pressure. trong cost structures, budgets, and accounting systems are easier to build before an agency or auditor asks for them.
- We bring specialized federal funding insight. Our team understands the accounting, compliance, invoicing, and audit expectations tied to government contracts and grants.
- We tailor our support to your award environment. A first-time SBIR recipient, a growing DoD contractor, and a multi-award research company do not need the same accounting solution.
- We help you grow with control.
As your awards, contracts, cost pools, and reporting requirements become more complex, our strategies evolve with you.
Why Business Leaders Trust Peter Witts CPA
Real feedback from real institutions we proudly serve.
Dr. Steven Wein, CEO and Founder, EO Vista LLC (Acquired September 2023)
“Peter Witts, CPA has been the lead accounting firm for our small business, a defense contracting company, for over a decade. Peter Witts, CPA has provided broad-based, expert service throughout.”
Benjamin Merewitz, CEO and Co-Founder, Agile Devices, Inc.
“Peter Witts CPA is a reliable, capable thought partner with expertise in both general accounting and government contract accounting. We’ve been very pleased with their diligence, support, and client service over the last six years.”
Bobby Shah, Chief Executive Officer, DOCBOX, Inc.
“Working with you and your team as our CPA partner over the past decade has been a transformative experience for DOCBOX, Inc. Your expertise, strategic guidance, and unwavering support have been pivotal to our growth and success.”
Dr. Steven Wein, EO Vista LLC
“From the start, Peter Witts, CPA implemented our accounting systems to be fully Defense Contract Audit Agency (DCAA) compliant. The DCAA and DFAR regulations are complex, but Peter’s expertise as a former DCAA auditor ensured we navigated them successfully.”
Dr. Steven Wein, EO Vista LLC
“Peter successfully led us through each of our annual DCAA audits, resulting in zero material non-compliances in all audits. Under his leadership, we maintained a well-managed financial system with monthly P&L, Balance Sheet, and Cash Flow statements.”
Dr. Steven Wein, EO Vista LLC
“At the sale of our business, Peter’s immense expertise and dedication ensured all tax matters and financial disclosures were handled properly and thoroughly. He’s highly dedicated, broad-based, and extremely pleasant to work with.”
Bobby Shah, Chief Executive Officer, DOCBOX, Inc.
“Your commitment to understanding our unique needs and delivering tailored solutions has consistently exceeded our expectations. The professionalism and dedication of your team have made a significant impact on our operations and financial health.”
