This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (June 2024) |
RSM International, branded RSM since 2015, is a multinational network of accounting firms forming the sixth-largest accountancy professional services network in the world by revenue.[2][3] RSM's member firms are independent accounting and advisory businesses, each of which practices in its own right and is unified as part of the network.
 | |
| Company type | Member firms have different legal structures United States and United Kingdom: Limited Liability Partnership |
|---|---|
| Industry | Professional services |
| Founded | 1964 |
| Headquarters | London, United Kingdom |
Area served | Worldwide |
Key people | Jean Stephens, CEO & Ernest John Nedder, CEO Elect |
| Services | Assurance Tax advisory Management consulting Financial advisory Risk advisory |
| Revenue |  US$9.4 billion (2023)[1] |
Number of employees | 64,000 |
| Divisions | Audit Tax Consulting |
| Website | rsm.global |
The network is not a separate legal entity of any description in any jurisdiction and does not provide services. The largest member firms are RSM US formerly known as McGladrey, and RSM UK formerly Baker Tilly LLP.
History
editRSM International was founded in 1964 as a small network called DRM (Dunwoody, Robson Rhodes, and McGladrey & Pullen).[4] The organisation restructured in 1993, changing its name to RSM International.[4] The word International was dropped in 2015.
Historically, RSM was derived from the initials of three of the original founding member firms of the organization:
- Robson Rhodes (United Kingdom)
- Salustro Reydel (France)
- McGladrey (United States)
Founding member Robson Rhodes was acquired by Grant Thornton and absorbed within its network, while Salustro Reydel merged with KPMG.[5] McGladrey, the member firm of RSM US, is still part of the network today.[6]
In January 2006, Jean Stephens became the first female chief executive officer of an international accounting network in the Top 10.[7]
In April 2024, it was announced that Ernest John Nedder would become CEO on 1 June 2024[8]
See also
editReferences
edit- ^ "RSM global revenue leaps 16% to record US$9.4bn". RSM. RSM International Ltd. 23 January 2024. Retrieved 23 January 2024.
- ^ Irvine, Julia (February 2019). "Deloitte still world's number one firm". Economia. ICAEW. Retrieved 19 November 2019.
- ^ "Nexia and Baker Tilly round out top ten global accounting networks". Consultancy.org N. 25 February 2019. Retrieved 19 November 2019.
- ^ a b "The story of RSM". RSM Global. 26 November 2018. Retrieved 15 July 2021.
- ^ "Auditors join forces to take on Big Four". telegraph.co.uk. 28 April 2007. Archived from the original on 25 August 2007. Retrieved 25 August 2007.
- ^ "International Accounting Bulletin, "RSM Salustro Reydel, KPMG to merge"". vrlknowledgebank.com. 21 October 2006. Archived from the original on 21 October 2006. Retrieved 21 October 2006.
- ^ "Jean M Stephens: Chief Executive Officer". www.rsm.global. 11 March 2022. Retrieved 11 March 2022.
- ^ "E.J. Nedder to be CEO of RSM International". www.rsm.global. 18 April 2024. Retrieved 18 April 2024.