RSM International, branded RSM, is a multi-national network of accounting firms, forming the sixth largest accountancy professional services network in the world. The member firms of RSM are independent accounting and advisory firms each of which practices in its own right, and is unified as part of the network. 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, RSM UK, formerly Baker Tilly LLP, and RSM China, formerly Ruihua Certified Public Accountants. Together, the North American, European, and Asia Pacific regions accounted for $4.87 billion of revenues in 2016. On October 26, 2015, all member firms of the network were rebranded as RSM.
Video RSM International
History
RSM International has been in continuous existence since 1964, when it began as a small network that was originally called DRM. In 1993, the organisation restructured, and changed its name to RSM International.
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 their network, while Salustro Reydel merged with KPMG. McGladrey, the RSM US member firm, is still part of the network today.
In January 2006, Ms. Jean Stephens became the first female chief executive officer, of a Top 10 international accounting network.
Maps RSM International
Member firms
RSM is represented in 120 countries (as of August 2018).
France
In March 2005, subsequent to Salustro Reydel merging with KPMG, RSM France was created as the new French member firm, with offices in Paris.
United Kingdom
Following the resignation of Robson Rhodes, Bentley Jennison later joined the RSM International network as its British member, becoming RSM Bentley Jennison.
RSM Bentley Jennison later merged with Tenon Group to become RSM Tenon. The financial problems of the combined RSM Tenon Group led it falling into administration with its assets acquired by Baker Tilly. In April 2014, Baker Tilly UK announced it would be joining the RSM network later in the year, and would adopt the RSM brand.
See also
- Professional services networks
- Accounting networks and associations
References
External links
- RSM Global
Source of article : Wikipedia
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