Our focus exclusively on mid-cap and micro-cap SEC-regulated companies allows us to deliver higher quality audits to smaller public companies. We deliver small public company audit efficiencies with the GAAP expertise our clients require and expect.
We have developed world-class methodologies for delivering competent and cost-competitive small public company audits quickly. Our methodologies are designed for our SEC audit specialization, where all of our dedicated SEC audit partners and staff can achieve greater competencies and time efficiencies simultaneously.
Because we’re a medium-sized firm comprised of partners with big national and local firm backgrounds, we are able to deliver big-firm quality audits efficiently – without charging big firm fees. Our approach, which includes partner involvement in all engagements, helps small companies navigate the complexities of compliance with knowledgeable professionals delivering high-integrity services.
The team at MaloneBailey has provided Biostem with great comfort by giving timely, efficient guidance on SEC interpretation and guidance. I highly recommend MaloneBailey as a high value team addition to any company seeking to operate in today's business world.
Dwight Brunoehler, CEO
Biostem US Corporation
As a result of our unique approach at MaloneBailey, LLP, we now have the largest number of SEC clients of all non-national accounting firms, proudly serving over 100 small public companies, and still growing. We believe this offers a distinct advantage, providing us much more experience conducting SEC audits and working with the SEC on small public company matters than virtually any other non-national firm in the U.S or internationally.
We specialize in auditing smaller SEC companies, so while our average audit size is smaller than the competition, these audits make up 74% 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.
Our practice is unique with five dedicated SEC audit partners and full time SEC audit staff who work solely on public company clients. A robust tax department augments our service offering to public company clients providing you with a one stop shop to service all your accounting needs. MaloneBailey’s market expertise is often sought out by national newspapers and leading publications such as the Wall Street Journal, Accounting Today, Houston Business Journal and many more. Our partners also share their insights and perspectives at conferences, seminars and events.
The PCAOB, AICPA, FASB and other regulatory and accounting profession bodies are charged with accounting profession rule-making. The Securities and Exchange Commission (SEC) makes rules when they deem the accounting profession is postponing decisions or refusing to make specific rules. The PCAOB and SEC rules apply only to public companies, and usually only where accounting profession rules are not applicable or specific enough.
In order for you to ensure that you are in compliance with these rules, your accounting firm must be familiar. To be most familiar, your ideal accounting firm must audit enough public companies to keep such experience and knowledge current. The full-time SEC partners and staff auditors at MaloneBailey, LLP give you the most efficient and thorough team available in the country.
To an auditor, audit risk is the risk of the auditor’s opinion being incorrect. To an investor, audit risk is the risk of having one or more errors in the published financial statements. The experience and business acumen of your auditor will affect their audit judgment. Larger audit firms are often inefficient at assessing the audit risk of smaller companies, because they generally don’t have as much small public company audit experience.
A smaller firm who is more adept in small public company audits may use more robust footnote disclosures for major transactions to reduce the risk of errors that might affect an investor’s trading decisions, thereby reducing the risk of financial reporting errors and litigation.
At MaloneBailey, LLP, our extensive small public company audit experience allows us to work with you to better ensure compliance with the appropriate governing bodies and to reduce your reporting headaches.
Want to experience the MaloneBailey difference? Contact us or request a fee estimate today. Someone will contact you within 24 hours.