Marcum LLP is Top IPO Auditor in 2nd Quarter
New York City, NY – Marcum LLP was the top auditor of IPOs in the second quarter of 2020, according to Audit Analytics. Marcum audited 12 transactions raising in excess of $2.7 billion, representing 19.4 percent of all IPOs and 14.4 percent of capital raised during the period.
Marcum’s Q2 IPO transactions were all SPAC IPOs. Special Purpose Acquisition Corporations (“SPACs”) have become an increasingly popular way for entrepreneurial companies to go public. Marcum has been the leading auditor of SPACs since 2015.
“Marcum continues to be the auditor of choice for SPACs and growth companies facing the challenge of entering the public markets for the first time. Our IPO audit teams fully understand the demands on management when executing an initial public offering and are fully committed to the highest standards of compliance and customer service to help ensure a smooth transaction,” said David Bukzin, Marcum’s vice chairman and national leader of the Firm’s SEC Practice.
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 nation, with offices in major business markets throughout the U.S., as well as select international locations. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting, and assurance services; advisory, valuation, and litigation support; managed accounting services; and an extensive portfolio of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as nonprofit and social sector entities, high net worth individuals, private equity funds, and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.