Friedman LLP Auditor Profile
Friedman LLP is a century-old New York-based CPA and advisory firm with a strong reputation in the mid-market segment. Now part of the Marcum family of firms, Friedman continues to serve a diverse clientele across technology, financial services, real estate, and manufacturing with compliance audit and advisory services.
What Friedman Does Well
Century of experience in the New York market gives Friedman institutional knowledge and relationships that newer firms cannot match. Their understanding of New York's regulatory environment, industry dynamics, and business culture informs every engagement.
Cross-border capabilities are notable for a mid-market firm. Friedman serves a significant number of Chinese and Asian companies doing business in the US, with Mandarin-speaking professionals who understand cross-border compliance requirements.
Real estate and financial services depth makes Friedman a go-to choice for these industries in the New York area. Their compliance teams understand the specific attestation needs of fund administrators, broker-dealers, and real estate investment managers.
Engagement Process
Friedman follows a thorough engagement methodology beginning with initial scoping and planning. Audit teams include CPAs and IT specialists who collaborate on evidence collection, control testing, and report drafting. The firm emphasizes partner involvement throughout the engagement and maintains clear communication with clients.
Pricing Expectations
SOC 2 Type II audits range from $15,000 to $35,000 for mid-market companies. SOC 1 engagements are similarly priced. HIPAA assessments start around $12,000. Friedman's pricing is accessible within the competitive New York market.
Who Should Choose Friedman
Friedman is ideal for mid-market companies in the New York tristate area, particularly those in financial services, real estate, or technology. Companies with cross-border operations involving Asia will benefit from Friedman's multilingual capabilities and international experience.