November 03, 2015
Marcum Leads Non-Big Four Accounting Firms in IPO Audits
New York City, NY - Marcum LLP performed more audits in connection with Initial Public Offerings ("IPO") than all other non-Big Four accounting firms year-to-date. The Firm completed 10 IPO audits from January through September according to Audit Analytics, giving Marcum a six percent market share and placing the Firm among the top five ranked audit firms in the country for the first three quarters of 2015.
"The momentum in our IPO audit practice to date in 2015 is a reflection of the trust our clients place in Marcum and our commitment to delivering superior service to support their growth and success. Furthermore, it is a reflection of the quality of our audits and their acceptance by the investment community. It highlights the growing notion that a company need not engage a Big Four firm to complete an IPO. The fact that 34 percent of all IPOs during 2015 were audited by non-Big Four firms reflects our belief that bigger is not always better and that not every organization is best served by a Big Four auditing firm," said David C. Bukzin, partner-in-charge of Marcum's SEC Services Practice group and innovator of the annual Marcum MicroCap Conference in New York.
Marcum is noted in the emerging company market for the annual Marcum MicroCap Conference, a forum where publicly traded companies with less than $500 million in market capitalization can network with the investment community. The conference features presentations by CEOs and CFOs from seven principal industry sectors, expert panels moderated by industry leaders, and the opportunity for management teams from presenting companies and investors to meet on a one-on-one basis. The 2016 conference will take place June 1-2. Information is available at www.marcumllp.com/MicroCap.
Marcum is a registered Public Company Accounting Oversight Board (PCAOB) firm. Marcum's Assurance Division provides the most up-to-date service and guidance on SEC accounting and reporting issues. Services include Financial Statement Audits in accordance with PCAOB standards; Tax Compliance and Advisory Services; Due Diligence; Agreed-Upon Procedures and Other Attest Work; Internal Audit Services; Sarbanes-Oxley Section 404 Compliance Services and Software; Technical Accounting Assistance; and IPO Assistance.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Headquartered in New York City, Marcum LLP offers the resources of 1,400 professionals, including more than 180 partners, in 25 full-service offices in major business markets throughout the U.S., Grand Cayman and China. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP, Marcum Technology LLC, Marcum Search LLC, Marcum Staffing LLC, Marcum Financial Services LLC, Marcum Bernstein & Pinchuk LLP, and MarcumBuchanan Associates LLC.