Marcum Leads Non-Big 4 Accounting Firms in IPO Audits

New York-based Marcum (FY14 gross revenue of $385 million) performed more audits in connection with Initial Public Offerings (IPOs) than all other non-Big 4 accounting firms year-to-date.

The firm completed 10 IPO audits from January through September according to Audit Analytics, giving Marcum a 6% 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,” says David C. Bukzin, PIC of Marcum’s SEC services practice group. “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 4 firm to complete an IPO. The fact that 34% of all IPOs during 2015 were audited by non-Big 4 firms reflects our belief that bigger is not always better and that not every organization is best served by a Big 4 auditing firm.”

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.