PwC’s hard-won reputation under threat after Oscars mistake
The accounting firm’s colossal mistake at the end of Sunday night’s Academy Awards threatens to undo decades of goodwill.
Accounting firms
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Acquisition bug bites two Indy accounting firms
Two Indianapolis-area accounting firms are fusing with Cincinnati-based firms in the coming weeks, deals that participants said are just a sampling of the sizzling merger-and-acquisition activity across the industry.
Katz Sapper to add Fort Wayne accounting firm
Fort Wayne-based Krouse Kern & Co. will merge with Indianapolis-based Katz Sapper & Miller LLP on Dec. 1, the companies announced Monday.
BKD gets bigger with Chicago, Dallas acquisitions
National accounting powerhouse BKD LLP, which has major operations in Indianapolis, is expanding its territory with two acquisitions announced this week.
Accounting firm adding 100 jobs in South Bend
Chicago-based Crowe Horwath said the additional jobs stem from growth in its audit and tax practices.
Hauke accounting firm to pay $1.8M in fraud settlement
DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.
Former CEO sentenced for federal tax evasion
Joseph C. Scott, 54, the former CEO at KSM Profit Advisors LLC, was convicted of underreporting his income taxes from 2005 to 2009, resulting in unpaid taxes of nearly $600,000.
Dunbar Cook deal an omen of more accounting mergers
Accountants point to aging partners at firms who are looking to retire, more complex regulations and an attractive local business climate as reasons out-of-town accounting firms are looking this way.
Former Deloitte leader joins Krieg DeVault firm
Michael Becher, a longtime managing partner of Deloitte LLP’s Indianapolis office, has joined the Krieg DeVault LLP law firm as an adviser.
Indianapolis accounting firm settles with Fair Finance trustee
Somerset CPAs PC will pay $500,000 to settle litigation brought by the bankruptcy trustee of Fair Finance Co., the Ohio-based firm that convicted financier Tim Durham used to conduct a major Ponzi scheme.
Answers on $526M in tax mistakes expected in December
Auditors reviewing $526 million in tax errors made by Indiana's tax collection agency said Monday they will investigate whether state employees are knowledgeable enough to track tax collections and whether the state has adequate internal controls to guard against future errors.
Three local accounting firms crack national top-100 list
Blue & Co. LLC, Katz Sapper & Miller LLP and Kemper CPA Group LLP are the only three locally based accounting firms to make Inside Public Accounting’s latest annual top-100 list.
Meridian CPAs folding into larger Somerset firm
Four principals and about a dozen other staff accountants and support staff at Meridian will join Somerset in August. Somerset is Indianapolis’ seventh-largest accounting firm, based on the number of local full-time employees.
Hauke receiver files suit against his former accounting firm
The lawsuit accuses convicted money manager Keenan Hauke’s former accounting firm of negligence for failing to monitor Hauke’s bank accounts, enabling him to use investor funds for his personal use. Hauke was sentenced in March to 10 years in prison.
Indiana hires Deloitte to assess $500M in mistakes
Indiana's state budget leaders picked international accounting firm Deloitte on Monday to determine the scope of an external audit looking at how the state lost track of more than $500 million in tax revenues.
BKD selects Dickman as managing partner
The head of the national accounting firm’s Indianapolis office will lead the entire company effective June 1.
Veteran Deloitte managing partner retiring
Michael Becher will leave the local office of the accounting firm after a 36-year career, including 20 years as its leader. He’ll be succeeded by Mary Boelke, who’ll becomes just one of two female managing partners among the city’s top 20 accounting firms.
Military accounting firm closing; 84 jobs lost
Virginia-based Kearney & Co., an accounting firm that provides financial services for the federal government, will close its office at the Defense Finance and Accounting Services Center on the east side, resulting in the loss of 84 jobs.
Accountants lose court battle with former firm
A Marion County judge ruled against three former partners in a local accounting firm who were trying to collect the full amount of their stock ownership after they left the company to start a rival firm.
LEADING QUESTIONS: CPA Sponsel takes calculated risk
With a family history rich with entrepreneurs, Tom Sponsel decided late in his accounting career to strike out on his own.