Marcum's philosophy and practice is to blend the technical, the practical and the business approach in the conduct of each audit engagement.

Audits are specifically aligned with the client's business functions but go beyond just the financial. Businesses need auditors and advisors who understand their industry, their long-term strategy and any risks that need to be assessed and managed. Businesses need advisors who can interject this knowledge into the audit process.

The audit is undertaken with detailed, agreed-upon expectations to which management and the engagement team are equally committed. These commitments thread through every aspect of the way Marcum conducts and manages an audit, enabling the engagement team to utilize resources in the most efficient way that provides consistent value-added audit services.

Marcum has developed the traditional auditing role into a process that helps us gain a deeper understanding of our clients' needs. Marcum recognizes that clients expect more than just management letter recommendations after an audit. Our process uses knowledge and wisdom to provide value-added suggestions that help our clients achieve financial and operational success.

Marcum’s approach includes an analysis of business performance against management objectives, an evaluation of business processes, an assessment of business risks and a benchmark of performance against industry standards. This approach focuses on understanding all aspects of a client’s organization, including areas such as:

• Industry-specific processes
• Sales and marketing
• Personnel and human resources
• Financial results
• Business processes
• Management of capital
• Management information systems

Our approach enables us to evaluate the overall effectiveness of the organization. We want our clients to see us as business partners with whom they can discuss, in confidence, their business issues and strategies.