Accounting Today Ranks RSM No. 5 on 2024 Top 100 Firms List

CHICAGO – (March 8, 2024) – Accounting Today recently ranked RSM US LLP (“RSM”) – the leading provider of assurance, tax and consulting services for the middle market – as the fifth largest assurance, tax and consulting firm in the U.S. for the 18^th consecutive year.

According to Accounting Today, the Top 100 are adjusting their strategies to face the broader changes in the economy, and to the ever-shifting needs and challenges of their clients. RSM was highlighted as a firm “evolving to meet the complex demands of a rapidly changing world – and a middle market environment that is digital, global and eager for compelling insights and solutions.”

“At RSM, we are on a journey to become an even more compelling, digital and global firm,” said Brian Becker, managing partner & CEO with RSM US LLP. “We are making incredible progress thanks to our people who embody our purpose to instill confidence in a world of change, provide exceptional service to our clients and build our unrivaled, inclusive culture. Being ranked by Accounting Today as the fifth largest firm in the U.S. highlights our leadership as we continue to expand our firm to meet the needs of middle market clients globally.”

Accounting Today goes on to say it’s worth noting that the Top 100 will also be leveraging many tried-and-true growth strategies for 2024. For example, they plan to continue their long-term shift to more advisory services, with a related emphasis on deepening their industry and niche skills and services.

The focus on talent remains key for the Top 100, with many reporting that addressing the talent shortage is central to their growth.

Technology has become central to success at the Top 100, with many specifically looking to AI as a tool for growth.

In terms of the types of clients where the most Top 100 firms saw growth over the last year, midsized businesses and real estate both topped the chart, with 84% of responding firms growing these practice areas. Not far behind, manufacturing was a burgeoning industry for 81% of the Top 100, ranking it at No. 2, followed by a tie in the third slot, between construction and nonprofits, both at 75%. Professional services and health care facilities ranked No. 4, at 70% and No. 5 at 68%, respectively.

Regardless of the elements they include in their strategies, Accounting Today says the Top 100 firms are taking a proactive approach to growth, laying out clear roadmaps while at the same time acknowledging that they may need to adjust them as they go.

Access the full article via Accounting Today here.