Houston, TX, October 15, 2015 – MaloneBailey, LLP, a global public accounting firm based in Houston, Texas, announced today that award-winning, accounting trade publication, INSIDE Public Accounting (IPA), has named the firm one of the 2015 Best of the Best accounting firms in the country as well as one of the Top 300 largest accounting firms in the country.
The annual IPA Best of the Best recognition honors firms across the country for their overall superior financial and operational performance on more than 70 IPA criteria. Only 50 Certified Public Accounting (CPA) firms were recognized out of the 500 plus firms that participated in this year’s 25th Annual Survey and Analysis of Firms. IPA looks at each firm’s planning, strategy and execution as well as their ability to demonstrate long-term consistency and exceptional performance in any economy. Outstanding client service, commitment to firm-wide training and prized staff benefits are also factors reviewed and considered for the recognition. The firms range in sizes – from 25 employees to 2,300 – and are geographically dispersed across the United States (US).
The IPA Top 300 is a new ranking to the publication and is the only one of its kind. The ranking, published in October, takes up where the IPA 200 left off, listing the 201st through 300th largest accounting firms in the country. This list of firms, ranked by revenue, was developed by gathering information from more than 500 firms that completed IPA’s Annual Survey and Analysis of Firms. The minimum revenue to make the list this year was $7.6 million and the firms range from 25 to 120 staff. The average revenue growth of the included firms is 5.8% with an average net income growth of 5.9%.
“We are honored to be recognized as one of the best 50 CPA firms as well as one of the Top 300 firms in the country by INSIDE Public Accounting,” states Audit Partner Steven Vertucci. “We at MaloneBailey rally around the goals of quality work and premier client service. We focus on our team members, the tools they need and the environment best suited for their success as well as the firm’s. We are growing and our future is tied to our team members and our clients, both of which are at the forefront of everything we do. We are truly privileged to be recognized as one of the best.”
MaloneBailey, based in Houston, Texas and with offices in Shenzhen and Beijing, has close to 200 SEC registered clients, including NYSE, NASDAQ and NYSE MKT (formerly known as AMEX) listed companies. This places MaloneBailey at number seven in the world in terms of the number of U.S. public company clients it serves. The firm is also in exclusive company as one of ten in the world that audits over 100 issuers annually, and for this reason, is inspected on an annual basis by the Public Company Accounting Oversight Board (PCAOB). MaloneBailey participates in more than 800 SEC filings per year and has more full time SEC specialists on staff than most firms have SEC clients. The firm also assists Chinese companies and entrepreneurs in the process of going public in the United States and is a market leader in serving SEC-reporting clients in China.
Based in Houston, Texas and with offices in Beijing and Shenzhen, MaloneBailey is an international public accounting firm with deep knowledge and experience in the delivery of SEC audit services to small and mid-cap publicly traded clients. MaloneBailey is a member of Nexia International. For more information about MaloneBailey, visit www.malonebailey.com.
INSIDE Public Accounting (IPA), founded in 1987, is published by The Platt Group. The Platt Group publishes both the award-winning INSIDE Public Accounting newsletter and the award-winning National Benchmarking Report. The Platt Group also consults with firms to help them become more successful. The Platt Group works with managing partners, CFOs and thought leaders across the nation to provide practical ideas, benchmarking data and information to take firms to the next level of improvement.