MaloneBailey, LLP: Company Profile

Background

Overview

MaloneBailey, LLP is a full-service public accounting firm founded in 1982 and headquartered in Houston, Texas, with additional offices in Beijing, Shenzhen, and Tokyo. The firm specializes in providing audit, tax, and consulting services to both public and private companies across various industries. Notably, MaloneBailey serves a substantial number of public company audit clients, positioning itself among the top firms globally in this niche.

Mission and Vision

MaloneBailey's mission is to deliver high-quality, reliable, and responsive accounting services tailored to the unique needs of each client. The firm's vision is to be recognized as a market leader in providing efficient and cost-effective audit, tax, and consulting services, fostering enduring relationships with clients and employees.

Industry Significance

The firm has been consistently recognized for its contributions to the accounting industry, including being named one of the top 25 firms in Houston by the Houston Business Journal and one of the top 15 firms in the Southwest region by Accounting Today. Additionally, INSIDE Public Accounting has recognized MaloneBailey as one of the "Best of the Best" and "Fastest Growing" firms.

Key Strategic Focus

Core Objectives

MaloneBailey aims to provide high-quality, reliable, and responsive accounting services, focusing on delivering large-firm quality audits efficiently without charging large firm fees. The firm emphasizes partner involvement at all stages of engagement to ensure effective service delivery.

Areas of Specialization

The firm specializes in audit, tax, and consulting services for both public and private companies, with a particular focus on small and mid-market companies. MaloneBailey is among the few firms globally that serve a substantial number of public company audit clients.

Key Technologies Utilized

MaloneBailey employs advanced methodologies designed for audit specialization, including a 100% paperless approach and remote auditing capabilities, enabling efficient and cost-effective service delivery.

Primary Markets Targeted

The firm's primary markets include small and mid-market companies, both public and private, across various industries. MaloneBailey has a significant presence in the U.S., China, and Japan, serving clients listed on U.S. stock exchanges.

Financials and Funding

Funding History

As a privately held firm, MaloneBailey does not publicly disclose detailed financial information or funding history.

Recent Developments

In January 2025, MaloneBailey joined HLB International, a global network of independent advisory and accounting firms, enhancing its global reach and capabilities.

Pipeline Development

As a service-oriented firm, MaloneBailey does not have a product pipeline. Instead, it focuses on expanding its service offerings and client base. Recent developments include the launch of a new service offering focused on Information Technology (IT) audit and IT risk management consulting.

Technological Platform and Innovation

Proprietary Technologies

MaloneBailey utilizes a 100% paperless approach and remote auditing capabilities, enabling efficient and cost-effective service delivery.

Significant Scientific Methods

The firm employs advanced methodologies designed for audit specialization, including a 100% paperless approach and remote auditing capabilities, enabling efficient and cost-effective service delivery.

Leadership Team

Key Executives

George Qin: Managing Partner. George has been with MaloneBailey for over 20 years, leading the firm's strategic initiatives and overseeing its growth and expansion.

Wesley Middleton: Partner and Head of Tax Services. Wesley joined MaloneBailey in 2008 and has been instrumental in expanding the firm's tax practice.

John Malone: Founding Partner. John founded MaloneBailey in 1982 and served as the firm's Managing Partner until his retirement in 2015.

Leadership Changes

In May 2015, John Malone, the founding partner of MaloneBailey, retired from the firm. He was succeeded by George Qin, who continues to lead the firm as Managing Partner.

Competitor Profile

Market Insights and Dynamics

The accounting industry, particularly in the public company audit sector, is characterized by a few large firms dominating the market. However, there is a growing demand for specialized services tailored to small and mid-market companies, presenting opportunities for firms like MaloneBailey to expand their market share.

Competitor Analysis

MaloneBailey competes with both large national firms and smaller regional firms. Its focus on small and mid-market companies, particularly in the public company audit sector, differentiates it from competitors. The firm's recent expansion into IT audit and risk management consulting further diversifies its service offerings.

Strategic Collaborations and Partnerships

In January 2025, MaloneBailey joined HLB International, a global network of independent advisory and accounting firms, enhancing its global reach and capabilities.

Operational Insights

MaloneBailey's strategic focus on small and mid-market companies, particularly in the public company audit sector, positions it uniquely in the market. The firm's efficient and cost-effective service delivery, enabled by its 100% paperless approach and remote auditing capabilities, provides a competitive advantage.

Strategic Opportunities and Future Directions

MaloneBailey continues to expand its service offerings, including the recent launch of a new service focused on IT audit and risk management consulting. The firm's membership in HLB International provides opportunities for cross-border solutions and collaboration with member firms, enhancing its global presence and service capabilities.