Crowe Horwath Takes First in Public Accounting Report's 2009 SEC Audit Rankings

OAK BROOK, Ill., March 9 /PRNewswire/ -- Public Accounting Report (PAR) named Crowe Horwath LLP, one of the largest public accounting and consulting firms in the U.S., the winner of its annual analysis of auditor changes for SEC entities.

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PAR, an independent newsletter of the public accounting industry, noted that Crowe's "net gain of 24 SEC entities was tops among the firms analyzed" and "Crowe posted across-the-board net gains in revenue audited, assets audited and audit fees gained for the year, according to PAR's analysis of data compiled by AuditAnalytics.com."

"This recognition from PAR further strengthens the national reputation of our public company audit practice," said Charles Allen, Crowe Horwath CEO. "Crowe has always maintained a well-regarded public company audit practice, so we appreciate this national acknowledgement."  

PAR also noted that Crowe's financial institutions practice played a role in its 2009 success. The firm gained eight SEC audit clients that are commercial banks or savings institutions, four of which have audited assets of more than $1 billion.

Additionally, the Jan. 31 article stated that:

• Crowe had 33 SEC audit wins for the year, and the firm's net gain of 24 SEC entities led all other firms.
• Crowe was one of only two firms that posted positive net gains in SEC entities for the full year.

About Crowe Horwath

Crowe Horwath LLP (www.crowehorwath.com) is one of the largest public accounting and consulting firms in the United States. Under its core purpose of "Building Value with Values®," Crowe assists public and private company clients in reaching their goals through audit, tax, advisory, risk and performance services. With 25 offices and 2,400 personnel, Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Horwath International, one of the largest networks in the world, consisting of more than 140 independent accounting and management consulting firms with offices in more than 400 cities around the world.

SOURCE Crowe Horwath LLP