Accounting firms

Hauke accounting firm to pay $1.8M in fraud settlement

July 22, 2014
Jeff Newman
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.
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Former CEO sentenced for federal tax evasion

June 10, 2014
 IBJ Staff
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.
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Dunbar Cook deal an omen of more accounting mergers

July 11, 2013
Chris O'Malley
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.
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Former Deloitte leader joins Krieg DeVault firmRestricted Content

April 27, 2013
Michael Becher, a longtime managing partner of Deloitte LLP’s Indianapolis office, has joined the Krieg DeVault LLP law firm as an adviser.
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Indianapolis accounting firm settles with Fair Finance trustee

November 1, 2012
Kathleen McLaughlin
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.
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Answers on $526M in tax mistakes expected in December

September 10, 2012
Associated Press
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.
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Three local accounting firms crack national top-100 listRestricted Content

August 11, 2012
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.
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Meridian CPAs folding into larger Somerset firm

July 13, 2012
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.
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Hauke receiver files suit against his former accounting firm

July 9, 2012
Scott Olson
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.
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Indiana hires Deloitte to assess $500M in mistakes

June 4, 2012
Associated Press
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.
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BKD selects Dickman as managing partnerRestricted Content

May 26, 2012
The head of the national accounting firm's Indianapolis office will lead the entire company effective June 1.
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Veteran Deloitte managing partner retiring

March 28, 2012
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.
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Military accounting firm closing; 84 jobs lost

July 25, 2011
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.
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Accountants lose court battle with former firm

June 16, 2011
Scott Olson
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.
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LEADING QUESTIONS: CPA Sponsel takes calculated risk

October 13, 2010
Mason King
Sponsel WatchVideoWith a family history rich with entrepreneurs, Tom Sponsel decided late in his accounting career to strike out on his own.
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Two Indianapolis accounting firms among best-managed

October 2, 2010
 IBJ Staff
BGBC Partners LLP and Katz Sapper & Miller LLP were recognized in the latest annual ranking compiled by Inside Public Accounting.
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Accountant files suit against former firm, partner

January 4, 2010
Scott Olson
A contentious split between two prominent accounting partners is getting even uglier after a lawsuit filed by one of them has the other pledging to counter sue.
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Loss of partner at accounting firm Greenwalt Sponsel results in new name

December 12, 2009
 IBJ Staff
The firm is now Greenwalt CPAs following the departure in September of Tom Sponsel, who launched Sponsel CPA Group.
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Spurned Sponsel creates own CPA firm

September 29, 2009
Scott Olson
A longtime partner of Indianapolis-based Greenwalt Sponsel & Co. Inc. has left the accounting firm and started his own after he said it became apparent he would not become managing partner.
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PricewaterhouseCoopers adds BearingPoint consultants

August 17, 2009
 IBJ Staff
The Indianapolis office of New York-based PricewaterhouseCoopers is adding 20 consultants following the accounting firm’s purchase of a portion of McLean, Va.-based BearingPoint Inc.
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Deloitte employees take part in company-wide volunteer dayRestricted Content

June 15, 2009
 IBJ Staff
Eli Lilly and Co. isn't the only company to set aside a day for volunteering. The Big 4 accounting firm Deloitte had its 10th annual IMPACT Day June 5.
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Accounting firms preparing for new international standardsRestricted Content

November 3, 2008
Scott Olson
 For corporations with a global presence, the transition to International Financial Reporting Standards should streamline the world's financial reporting system.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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