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What Factors Should Valuation Analysts Consider When Valuing A Business?
By Jason Thompson, CPA/ABV, ASA, CFE, CFF Partner and Director of Valuation and Litigation Services When performing a business valuation, a valuation analyst reviews numerous factors that may impact the resulting value. While the specific factors considered may vary from business valuation to business valuation, Internal Revenue Service (IRS) Revenue Ruling 59-60 identifies certain factors […]
Sponsel CPA Group hires Sargent
Christopher Sargent has joined Sponsel CPA Group as a Staff accountant in the Audit & Assurance Services department. His duties will include performing audits, reviews, compilations and agreed-upon procedures for clients, primarily closely-held companies in the construction and manufacturing industries, as well as not-for-profits. Sargent is a graduate of Ball State University with bachelor’s and […]
Are Property Losses from Hurricanes Deductible?
By Jennifer McNett, CPA Manager, Tax Services Group As residents in Texas, Florida and Puerto Rico recover from a trio of deadly hurricanes and the humanitarian crisis has started to ease, people’s thoughts have started to turn to practical matters. One question that has come up amongst those who own property in those regions is […]
Employee Spotlight: Mary Ferguson
As a Manager in the Entrepreneurial Services department, Mary Ferguson has a wealth of experience helping clients with their internal accounting and bookkeeping needs. She is a QuickBooks Desktop and QuickBooks Online Certified Pro Advisor who helps businesses and organizations with the setup, installation and training of QuickBooks. Mary also provides payroll processing, Family Office […]
Does Your Business Have Any ‘Broken Windows?’
By Tom Sponsel, CPA/ABV, CFF Managing Partner You may have heard of the “broken windows” theory, but probably in connection with politics and law enforcement. Former New York City Mayor Rudy Giuliani famously employed this philosophy in the 1990s to clean up his city. The basic idea of broken windows, which was first introduced by […]