competition    

 

 

Our Competition

How MaloneBailey Compares with Top 100 Accounting Firms that Perform Significant SEC Work

Current as of July 2010
                                                                       

We have two types of competitors - 'top 100' firms and the smaller local firms.

'Top 100' firms: at least three different accounting industry trade publications track who these are, and their membership changes annually because of an increase in accounting firm mergers as more firms jockey to become alternatives to Big 4 accounting firms to larger companies. Below we've listed the roughly 1/3 of 'Top 100' firms that have a more-than-insignificant SEC audit practice, to compare their SEC audit volume against ours.

MaloneBailey, LLP specializes in auditing smaller SEC companies, so while our average audit size is smaller than the competition, these audits make up 72% of our practice. This niche focus has enabled us to develop a thorough understanding of small public company audit complexities and offer high quality and efficient audits. Our commitment to deliver small public company audit services has enabled our practice to become one of the largest SEC practices in the U.S. and still growing.                                  

   

 

Firm Annual Revenues
(per 2009 Acctg. Today)
Est. SEC
Audit Fees
(per latest
filings 06/10)
SEC Fees as % of Total Revenue
SEC Fees
Per Client
Average
(06/10)
*SEC Client Conut Incl. Reg. Statements
Audit Firm
           
PriceWaterhouseCoopers (National) $7,578,300,000 $3,457,000,000 46% $4,045,244 862
Ernst & Young (National) 8,232,100,000 2,700,000,000 33    2,368,421 1,140
Deloitte (National) 10,980,000,000 2,483,000,000 23    2,867,206 866
KPMG (National) 5,679,000,000 1,866,000,000 33    2,484,687 751
Grant Thornton (National) 1,210,340,000 209,000,000 17    657,233 318
BDO Seidman (National) 659,000,000 152,000,000 23    700,461 217
McGladrey & Pullen (Audit arm of H&R Block) (National) 1,467,640,000 41,000,000 3    347,458 118
Crowe Horwath (Midwest Regional) 493,000,000 37,000,000 8    310,924 119
Moss Adams (West Coast Regional) 336,000,000 20,000,000 6    363,636 55
UHY (Northeast Regional) 239,100,000 14,800,000 6    448,485 33
Marcum (New York) 182,560,000 14,400,000 8    244,068 59
ParenteBeard (fka Beard Miller & Parente Randolph) (Philadelphia) 75,240,000 14,100,000 19    204,348 69
BKD (Midwest Regional) 358,000,000 12,500,000 3    255,102 49
Eisner (New York) 123,470,000 11,900,000 10    290,244 41
Burr, Pilger & Mayer (San Francisco) 56,500,000 10,600,000 19    321,212 33
MaloneBailey, LLP (Houston & New York) 14,100,000 10,200,000 72    75,556 135
Amper, Politziner & Mattia (New York) 87,760,000 9,100,000 10    267,647 34
Dixon Hughes (High Point, NC) 207,000,000 8,900,000 4    342,308 26
Hein & Associates (Denver & Texas) 50,700,000 8,600,000 17    209,756 41
J.H. Cohn (New York) 245,000,000 8,400,000 3    240,000 35
SingerLewak (Los Angeles) 37,400,000 7,000,000 19    333,333 21
Caturano & Company (fka Vitale & Caturano) (Boston) 67,100,000 6,700,000 10    248,148 27
MHM Mahoney Cohen (fka Mayer, Hoffman, McCann) CBIZ (National) 545,780,000 6,300,000 1    252,000 25
Baker Tilly Virchow, Krause (Minneapolis) 216,000,000 5,700,000 3    228,000 25
Stonefield Josephson (Los Angeles) 35,000,000 5,600,000 16    329,412 17
Ehrhardt, Keefe, Steiner & Hottman (Denver) 52,810,000 5,300,000 10    182,759 29
Armanino McKenna (San Francisco) 73,270,000 5,300,000 7    662,500 8
Friedman (New York) 59,000,000 5,300,000 9    101,923 52
Elliott Davis (Greenville, SC) 48,650,000 5,200,000 11    133,333 39
Plante & Moran (Detroit) 291,900,000 4,300,000 1    195,455 22
Cherry, Bekaert & Holland (Richmond, VA) 86,650,000 4,000,000 5    181,818 22
Squar Milner Peterson Miranda & Williamson (Los Angeles) 35,000,000 3,200,000 9    152,381 21
Rothstein, Kass (New York) 167,000,000 3,100,000 2    163,158 19
Whitley Penn (Ft. Worth, TX) 32,600,000 2,550,000 8    159,375 16
Eide Bailly (Midwest Regional) 117,970,000 2,500,000 2    108,696 23

This data was compiled by MaloneBailey, LLP using the AuditAnalytics.com subscription service. "Per AuditAnalytics.com, a subsidiary of Ives, Inc."

*Number of SEC clients includes only companies that filed their last periodic report no earlier than December 2009.

Deregistered companies have been subtracted out, as they are no longer publicly filing. Additionally, this analysis does not include entities classified as Funds or Trusts. Research is provided “as is” and does not constitute an offer or warranty for any of the companies described herein. No part of this document may be reproduced or transmitted in any form without the written consent of IVES Inc. All rights reserved worldwide. All research contained in this report is based on the premium research available via a subscription to AuditAnalytics.com AuditAnalytics.com is a premium on-line market intelligence service available from the IVES Group Inc. a leading research provider focused on the accounting, insurance, and investment communities. For information, call (508) 476-7007, email info@auditanalytics.com or visit www.auditanalytics.com.

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