The U.S. Securities and Exchange Commission has accepted settlement offers from Katz, Sapper & Miller—the area's largest locally based accounting firm—and one of its partners for what the SEC described as "improper professional conduct."
Chicago-based firm Baker Tilly plans to acquire Indianapolis-based Umbaugh and a Minnesota-based firm in a three-way deal that will build one of the nation’s largest municipal finance advisory firms.
The move comes as Celadon works through a host of accounting and financial issues that were first announced in May 2017.
KSM Consulting, part of Katz Sapper & Miller, is moving half of its employees downtown to a redesigned space just above street level on the city’s highest-profile real estate.
The accounting firm’s colossal mistake at the end of Sunday night’s Academy Awards threatens to undo decades of goodwill.
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.
Fort Wayne-based Krouse Kern & Co. will merge with Indianapolis-based Katz Sapper & Miller LLP on Dec. 1, the companies announced Monday.
National accounting powerhouse BKD LLP, which has major operations in Indianapolis, is expanding its territory with two acquisitions announced this week.
Chicago-based Crowe Horwath said the additional jobs stem from growth in its audit and tax practices.
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.
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.
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.
Michael Becher, a longtime managing partner of Deloitte LLP’s Indianapolis office, has joined the Krieg DeVault LLP law firm as an adviser.
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.
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.
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.
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.
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'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.
The head of the national accounting firm’s Indianapolis office will lead the entire company effective June 1.
