MarcumAsia

What MarcumAsia does

Marcum Asia CPAs LLP ("MarcumAsia") is an independent PCAOB-registered public accounting and advisory firm headquartered in New York, with 9 offices across the United States, China, Hong Kong, Singapore, and Japan. The firm specializes in cross-border audit and advisory services for Asian companies seeking access to U.S. capital markets, including IPO audits, SPAC IPO and De-SPAC merger audits, ongoing SEC reporting (10-K, 10-Q, 20-F) compliance, internal controls and SOX advisory, SEC comment letter support, and international tax structuring. MarcumAsia traces its origins to 1983 as Bernstein & Pinchuk, was later affiliated with Marcum LLP, and now operates as a private partnership led by Co-Chairman/Co-CEO Drew Bernstein, with affiliate MBP Global LLP (rebranded December 2025) extending service delivery outside Asia.

MarcumAsia's product portfolio centers on four core service lines: SEC Audits, SPAC Audits, Advisory Services, and International Tax, supplemented by specialized offerings such as blockchain and digital asset audit assurance (Hong Kong) and a dedicated bilingual Japan Desk. The firm has 200+ dedicated SEC auditors based in Asia and serves clients across 50+ industries. It was ranked #1 auditor for Asia-U.S. IPOs in 2024 by Renaissance Capital (25 IPOs) and has cumulatively served as auditor to 30+ SPAC-origin NASDAQ/NYSE-listed companies and 100+ cross-border SPAC transactions.

Revenue is generated on a professional services engagement-fee model (quote-based, not publicly disclosed) through direct client relationships, capital markets event networking (including co-marketed IPO seminars with Nasdaq and Greenberg Traurig in Japan), and thought-leadership content (blog, Forbes contributor articles, white papers). The go-to-market motion is sales-led and event-driven, targeting mid-sized Asian issuers and SPAC sponsors/targets in markets including China, Japan, Hong Kong, Singapore, and Southeast Asia.

Name

MarcumAsia

Legal name

Marcum Asia CPAs LLP

Website

https://marcumasia.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Marcum Asia CPAs LLP is a PCAOB-registered public accounting firm headquartered in New York with 9 offices across Asia and the United States, specializing in SEC audits, SPAC/De-SPAC audits, and cross-border advisory for Asian companies accessing U.S. capital markets.

Ownership category

akta.pro rank

Product category

Public Accounting & Audit Services

NAICS

Offices of Certified Public Accountants (541211), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Audit & Assurance Services (BPAHABAA)

akta.pro secondary industry

Internal Audit & SOX Compliance Services (BPAHABAG)

Keywords

• Cross-border audit services
• SEC audit services
• SPAC audit services
• Public accounting advisory
• PCAOB-registered auditing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit & Assurance Services: PCAOB-compliant audit services for SEC registrants including IPO audits, SPAC IPO audits, De-SPAC merger audits, and ongoing annual/quarterly SEC reporting (10-K, 10-Q, 20-F filings). Revenue is generated through professional service fees for audit engagements.
2. Advisory Services: Consulting services including internal audit program design and implementation, transaction advisory, SEC comment letter support, and regulatory compliance advisory.
3. International Tax Services: Tax structure advisory services helping clients develop compliant structures under U.S. and Asian tax regulations.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

MarcumAsia is a PCAOB-registered public accounting and advisory firm that delivers SEC and PCAOB-compliant audit services to mid-sized Asian companies pursuing U.S. capital market access. Its core services span SEC audits for IPO registration statements and ongoing reporting (10-K, 10-Q, 20-F), SPAC IPO and De-SPAC merger audits, advisory services including internal audit program design and SEC comment letter support, and international tax structure advisory. The firm complements these with specialized offerings such as blockchain and digital asset audit services from Hong Kong and bilingual Japan Desk services covering J-GAAP to US GAAP conversion and SOX/J-SOX compliance.

Product overview

MarcumAsia is a professional services firm offering a portfolio of audit, advisory, and compliance services for Asian companies accessing U.S. capital markets. The core service offering consists of SEC Audits (for ongoing public company compliance), SPAC Audits (for special purpose acquisition company transactions), Advisory Services (consulting and internal audit programs), and International Tax services. Specialized offerings include Blockchain and Digital Asset Audit Services from the Hong Kong office and Japan Desk Services for Japanese issuers. The firm operates as a unified service practice rather than a modular software platform, with all services delivered through professional engagement teams across 9 global offices.

Differentiator

Problem solved

Functional benefit

Brands

• MBP Global LLP: Affiliate accounting firm (formerly Bernstein & Pinchuk LLP) rebranded in December 2025 to expand services for clients outside Asia. MBP Global CPAs LLP serves as a strategic partner to MarcumAsia for cross-border and domestic SPAC transactions.

Products and services

• SEC Audits Comprehensive PCAOB-compliant audit and assurance services for companies seeking U.S. listings or maintaining SEC compliance. Includes audit preparation for registration statements, anticipation of critical accounting issues likely to require regulatory emphasis, and ongoing public company reporting (10-K, 10-Q, 20-F). Designed for mid-sized Asian companies pursuing U.S. listings.
• SPAC Audits Specialized audit and advisory services for Special Purpose Acquisition Companies (SPACs) including SPAC IPO audits, De-SPAC transaction audits, trust account reporting, S-4 and proxy filings, and post-merger financial reporting compliance. MarcumAsia has served as auditor to 30+ SPAC-origin companies listed on NASDAQ and NYSE, with significant experience in life sciences and technology sectors. Targeted at SPAC sponsors and SPAC targets in Asia.
• Advisory Services Consulting services including designing and implementing comprehensive internal audit programs, helping management navigate SEC rules and regulations, pre-filing support for registration statements, and responding to SEC comments. Designed for public companies and pre-IPO companies preparing for U.S. listings.
• International Tax Tax structure development services ensuring compliance with U.S. and Asian tax regulations, including regular updates on changes in tax laws and identification of tax benefit opportunities. Targeted at cross-border companies with operations spanning the U.S. and Asia.
• Blockchain and Digital Asset Audit Services Specialized audit and assurance services for digital asset platforms, cryptocurrency exchanges, and blockchain-based businesses operating in Hong Kong and globally. Includes on-chain verification, multi-signature wallet controls, cold wallet audits, and FMV (Fair Market Value) accounting under FASB regulations. Targeted at digital asset businesses operating in Hong Kong and globally.
• Japan Desk Services Bilingual (Japanese/English) professional services for Japanese companies seeking U.S. capital market access. Covers PCAOB/SEC audits, IPO/De-SPAC preparation, SEC filing support, J-GAAP to IFRS/US GAAP conversion, and post-IPO compliance including SOX/J-SOX integration. Targeted at Japanese issuers pursuing or maintaining U.S. listings.

Quantifiable outcome

• Ranked #1 Asia-US IPO auditor in 2024 per Renaissance Capital
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• MBP Global CPAs LLPcoreStrategic or Co-development Partner · 8 June 2026MBP Global CPAs LLP (formerly Bernstein & Pinchuk LLP) is MarcumAsia's affiliate firm that rebranded in December 2025 to expand services for clients outside Asia. The two firms launched a dedicated SPAC and De-SPAC audit and advisory practice in June 2026, collaborating seamlessly on engagements involving international targets or dual-jurisdiction audit requirements.
• ARC GroupminorStrategic or Co-development Partner · 21 January 2026ARC Group hosted the Capital Markets & M&A Forum Tokyo 2026 at The Ritz Carlton Tokyo. MarcumAsia supported the forum which convened senior corporate executives, institutional investors, legal advisors, and industry leaders to discuss global capital markets, IPOs, and cross-border M&A opportunities with focus on Japan and the broader Asia Pacific region.
• Nankai University Business SchoolcoreStrategic or Co-development Partner · 12 December 2025MarcumAsia (Beijing) entered a strategic partnership with Nankai University Business School to jointly establish the Nankai University Business School Employment Practice Base. The collaboration supports students from the Department of International Accounting through internship opportunities, practical training, and mentorship, bridging academic learning with real-world professional practice in cross-border accounting and advisory work.
• Greenberg TraurigcoreStrategic or Co-development PartnerGreenberg Traurig, a global law firm, co-hosts IPO seminars with MarcumAsia and Nasdaq in Japan (Kobe, 2026) to provide guidance on Nasdaq listing advantages, cross-border M&A pathways, IPO and SPAC considerations, and key accounting and regulatory issues.
• NasdaqcoreStrategic or Co-development PartnerNasdaq co-hosts IPO seminars with MarcumAsia and Greenberg Traurig in Japan to provide education on Nasdaq listing advantages, cross-border M&A pathways, and regulatory considerations for companies considering international expansion or U.S. market entry.
• Kobe CityminorStrategic or Co-development PartnerKobe City partnered with Nasdaq, MarcumAsia, and Greenberg Traurig to co-host an IPO seminar in Kobe, Japan in 2026, the first such seminar in the Kansai region in four years.
• DFK InternationalminorOthersMarcumAsia is a member of DFK International, a global association of accounting firms and business advisors.
• LEA GlobalminorOthersMarcumAsia is a member of LEA Global, an international association of independent accounting and consulting firms.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• EisnerAmper: Mid-tier U.S. accounting and advisory firm with substantial SEC practice and cross-border capabilities serving public and pre-IPO companies. Comparable mid-market positioning with international reach.
• PKF O'Connor Davies: Mid-tier U.S. accounting and advisory firm with growing SEC audit practice serving public companies. Similar size band and mid-market public company focus as MarcumAsia.
• MBP Global (formerly Bernstein & Pinchuk): Affiliate firm of MarcumAsia (rebranded in December 2025) that co-delivers SPAC/De-SPAC audit and advisory services. Operates as a strategic extension of MarcumAsia with overlapping service offerings, leadership, and cross-border transaction experience.
• Withum: U.S. mid-tier public accounting firm with a dedicated SEC/capital markets practice serving public and pre-IPO companies. Similar positioning to MarcumAsia as a non-Big-Four alternative for mid-market issuers.
• Friedman LLP: Mid-tier U.S. public accounting firm with strong SEC and capital markets practice, including prior partners who joined MarcumAsia. Directly comparable service profile for cross-border and SPAC transactions.

Broad incumbents

• BDO USA: Top-10 global accounting network with significant cross-border audit and advisory practice serving mid-market public companies, including many Asia-US listings. Directly comparable as a non-Big-Four PCAOB-registered firm competing for similar client segments.
• Grant Thornton: Large mid-tier international accounting firm with a global footprint spanning Asia-Pacific and significant SEC audit practice. Competes with MarcumAsia for mid-cap cross-border IPO and SPAC engagements.
• Crowe LLP: Major mid-tier U.S. accounting firm with substantial SEC audit practice and international capabilities. Competes for the same mid-cap public company audit mandates as MarcumAsia.
• RSM US: Large mid-tier accounting firm with significant public company audit practice and global network reach. Comparable scale and positioning to MarcumAsia in the mid-market SEC audit segment.
• Marcum LLP: Former affiliate/parent brand of MarcumAsia and one of the largest U.S. mid-tier accounting firms. Shares professional staff lineage and client referral pipelines, and is a major competitor for mid-market SEC engagements in the U.S.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/marcumasia
• Xx.com/Marcumbp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MarcumAsia