What are small audit firms?

Small audit firms are typically independent accounting firms that provide auditing and assurance services to businesses, non-profits, and government entities. They generally have a limited number of partners and employees compared to larger firms, which allows for a more personalized approach to client relationships. These firms often focus on local or niche markets, offering tailored services that meet the specific needs of their clients. Their size allows for more flexibility and often lower fees, making them accessible to smaller organizations that may not require the extensive resources of larger firms.