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After many years of study and analysis, the Financial Accounting Standards Board (FASB) issued a new Accounting Standards Update earlier this summer regarding the appropriate accounting treatment for revenue going

Divorce can obviously be a very painful transition in anyone’s life — not only from an emotional and family perspective but also logistically, legally and fiscally. It is not unusual

Partner and Director of Audit & Assurance Services Mike Bedel will host a webinar at 2:30 p.m. on Aug. 27. The free session, “Audits, Reviews and Compilations: Choosing the Right

(Part 3 of 6) In last month’s article on succession planning, we talked about selecting the right leadership team for a business ownership transition. Now it’s time to discuss the

One of our very own was recently prominently featured in The Indianapolis Star Sunday business section. The article published on July 27, “Senior accountant reaps rewards of hard work,” talked

Many businesses today struggle with whether or not to hire a Chief Financial Officer and perform their accounting functions in-house. And it’s not just small companies – medium and even

(Part 2 of 6) In our last article on succession planning, we gave an overview of how to begin the discussion of an exit strategy for the business owner or

As an Administrative Assistant for Sponsel CPA Group, Danita Holmes is often the first face or voice our clients encounter – she answers the phones and greets visitors at the

Sponsel CPA Group is proud of its record of recruiting top young talent, and then helping them develop their careers once they’re here. Outstanding performance is rewarded and valued. So

Our firm often fields teams for charitable sporting events, including the Annual Brian Freeman Memorial Classic. This golf tournament raises funds in memory of Brian Freeman, who was taken from

Recently the Exit Planning Review distributed an excellent article from T. Ray Phillips titled, “Building Business Value In The Exit Planning Context.” In it, he talks about building value in

(Part 3 of 4)   In our last article on the valuation process, we discussed the income approach, one of three valuation methods available to a valuation analyst as they

(Part 1 of 6) One of the unfortunate consequences of the Great Recession is that so many business owners were focused on the immediate survival of their company, they put

Not long ago we talked about how to protect your customers’ important data. Now let’s discuss ways to safeguard your company’s internal systems and databases. There is a quiet but

Since joining Sponsel CPA Group in August of last year, Angela Rowlett has become a familiar face and reassuring presence for both our staff and clients. As the Tax Administrative

During the tax filing season this year, many people were surprised to find an additional tax on their bill they hadn’t even known about. As part of the federal healthcare

Sponsel CPA Group, one of Central Indiana’s fastest-growing accounting firms, is looking to add to its roster once again. The following job listings have been posted: • Tax Reviewer (part-time)

In our last discussion we provided a broad overview of the valuation process. One of the crucial steps in this process is “determining the value” of a company (or a

 (Final in a 3-part series) In the first part of our series, we dealt with popular occupational fraud schemes. In Fraud 201 we discussed who commits occupational fraud. This article

The average consumer isn’t particularly knowledgeable about what Foreign Trade Zones (FTZ) are – mention the topic, and most people think of the duty-free shops where they can pick up