Government Contract Accounting & Virtual CFO Packages

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INTRODUCING

Custom-built accounting leadership and financial infrastructure for federally funded businesses.

Managing your federal contracts is complex. From DCAA compliance and indirect rate strategies to cash flow forecasting, invoicing, and payroll, your team needs more than just a bookkeeper. You need a specialized accounting partner who understands government contracts, NIH/DOE grants, and federal audit expectations.



At Peter Witts CPA PC, we offer tiered Virtual CFO service packages designed specifically for companies working with the Department of Defense (DoD), NIH, DoE, SBIR/STTR, and other U.S. government agencies. Each plan is structured to grow with your business and provide the strategic, operational, and transactional accounting support you need to stay compliant and profitable.

Key Features

Advisory & Audit Support

Financial strategy, indirect rate development, and audit prep for DCAA, NIH, and DOE.

Controller-Level Services

High-level visibility into your financials, KPI tracking, forecasting, and margin analysis.

Day-to-Day Accounting Execution

We handle the transactions so your team can focus on delivering your contracts.

The General

$3,500/month | Onboarding: 2 Weeks

For startups or early-stage contractors who need oversight and strategic accounting input without full controllership.

Includes:

  • Monthly financial statements
  • Indirect rate calculations
  • 1 strategic financial meeting per month
  • Online support
  • Optional DCAA compliance review
  • Optional project performance tracking

Best for: New SBIR recipients, first-time contractors, or organizations under $500K in contract value.

The Squadron

$4,750/month | Onboarding: 4 Weeks

Designed for growing teams who need regular financial guidance and light operational support.

Includes:

  • All features from The General
  • Month-end closing procedures
  • Indirect rate monitoring
  • Twice-monthly financial meetings
  • Optional invoicing support
  • Optional proposal prep and forecasting

Best for: Scaling contractors looking to optimize indirect rates and improve audit readiness.

The Platoon

$6,500/month | Onboarding: 6 Weeks

A robust solution for government contractors who need consistent advisory, forecasting, and hands-on financial execution.

Includes:

  • All features from The General
  • Month-end closing procedures
  • Indirect rate monitoring
  • Twice-monthly financial meetings
  • Optional invoicing support
  • Optional proposal prep and forecasting

Best for: Companies managing multiple awards or with growing back-office complexity.

The Battalion

$8,750/month | Onboarding: 8 Weeks

Our most comprehensive engagement—built for mature federal contractors or firms with advanced oversight needs.

Includes:

  • Weekly financial advisory meetings
  • Full controllership
  • KPI dashboards
  • Monthly cash flow management
  • Revenue recognition strategy
  • Custom financial reporting
  • DCAA, NIH, and DOE audit support
  • Optional support for ICE submissions, provisional billing, and complex rate structures

Best for: Established contractors with layered accounting needs and six- or seven-figure government funding.