competition    

 

 

Our Competition

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

Current as of December 2011
                                                                       

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 70% 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 2010 Acctg. Today)
Est. SEC
Audit Fees
(per latest
filings 12/11)
SEC Fees as % of Total Revenue
SEC Fees
Per Client
Average
(12/11)
*SEC Client Conut Incl. Reg. Statements
Audit Firm
           
PriceWaterhouseCoopers (National) $8,034,000,000 $3,380,000,000 44% $3,789,238 892
Ernst & Young (National) 7,100,000,000 2,657,000,000 37    2,326,620 1,142
Deloitte (National) 10,938,000,000 2,557,000,000 24    3,084,439 829
KPMG (National) 4,889,000,000 1,841,000,000 39    2,378,553 774
Grant Thornton (National) 1,086,000,000 206,000,000 17    647,799 318
BDO Seidman (aka BDO USA, LLP) (National) 572,000,000 142,000,000 26    636,771 223
McGladrey & Pullen (National) 1,370,000,000 52,000,000 4    356,164 146
Crowe Horwath (Midwest Regional) 498,000,000 37,400,000 7    313,559 118
Marcum (New York) 251,000,000 22,400,000 8    248,889 90
Moss Adams (West Coast Regional) 316,000,000 16,900,000 5    318,868 53
EisnerAmper, LLP (fka Eisner & Amper, Politziner & Mattia)(New York) 255,000,000 15,500,000 7    276,786 56
BKD (Midwest Regional) 391,000,000 12,800,000 3    278,261 46
ParenteBeard (fka Beard Miller & Parente Randolph) (Philadelphia) 164,000,000 12,100,000 8    208,621 58
Hein & Associates (Denver, Los Angeles & Texas) 46,000,000 10,200,000 21    192,453 53
UHY (Northeast Regional) 200,000,000 9,800,000 5    337,931 29
Dixon Hughes (High Point, NC) 284,000,000 9,700,000 4    359,259 27
Burr, Pilger & Mayer (San Francisco) 66,000,000 9,500,000 16    306,452 31
MaloneBailey, LLP (Houston, New York & Shenzhen) 12,500,000 9,400,000 70    69,630 135
J.H. Cohn (New York) 236,000,000 8,500,000 3    274,194 31
Baker Tilly Virchow, Krause (Minneapolis) 242,000,000 6,820,000 2    252,593 27
Friedman (New York) 64,000,000 6,500,000 9    158,537 41
SingerLewak (Los Angeles) 37,000,000 6,100,000 17    254,167 24
Mayer, Hoffman, McCann - CBIZ (National) 591,000,000 6,050,000 1    201,667 30
Ehrhardt, Keefe, Steiner & Hottman (Denver) 55,000,000 5,170,000 9    156,667 33
Elliott Davis (Greenville, SC) 58,000,000 4,575,000 8    138,636 33
Cherry, Bekaert & Holland (Richmond, VA) 127,000,000 4,320,000 4    154,286 28
Squar Milner Peterson Miranda & Williamson (Los Angeles) 34,000,000 4,050,000 10    155,769 26
Plante & Moran (Detroit) 304,000,000 4,000,000 1    190,476 21
Whitley Penn (Ft. Worth, TX) 32,000,000 3,100,000 8    172,222 18
WeiserMazars (New York) 140,000,000 2,370,000 2    395,000 6
            
           

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 June 2011.

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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