RSM International ranked No 6 in global industry rankings by International Accounting Bulletin
RSM International is one of only two of the top 10 accountancy networks to report growth in 2009
Charlotte, NC – RSM International has risen to sixth place in the global accountancy industry league tables, according to a survey released this week by the International Accounting Bulletin.
Measured on fee data, RSM International reported a growth rate of eight percent in 2009, with a total fee income of $3.87 billion. RSM International is one of only two of the top 10 accountancy networks to report growth in 2009.
“RSM International’s move up in the International Accounting Bulletin’s global standings is good news for RSM McGladrey clients who need international services,” said C.E. Andrews, president of RSM McGladrey, a member firm of RSM International. “Our membership in the RSM International network helps strongly position RSM McGladrey to meet continuously changing and growing client needs.”
Notable new RSM International member firms in Japan, Ireland, Poland, Tanzania and Kenya, along with a recent U.K. merger, which formed RSM Tenon, helped the network move up one space into sixth place.
“Rising to sixth place in the rankings demonstrates the hard work of our member firms and their strong leadership during a challenging year for the global economy,” said RSM International CEO Jean Stephens. “Of course, size and scale are important; however, our priority remains firmly on providing our internationally active, growing clients with consistent quality service wherever they have needs.”
Organic growth from existing RSM International member firms, particularly in the Asia-Pacific region, further boosted revenues. Singapore and China led the way, reporting growth figures of 31 percent and 17 percent respectively. Other RSM International member firms reporting significant growth in Asia-Pacific include the Philippines, New Zealand, Indonesia and Malaysia.
In Europe, Belgium demonstrated a considerable growth rate of 69 percent due to a local merger, while member firms in Malta and Portugal also grew by more than 25 percent each. RSM Tenon, the newly-merged U.K. member firm, increased the U.K. firm’s income to more than $406 million.
RSM International is currently represented by independent members in 76 countries and brings together the talents of 3,150 partners and more than 32,000 individuals in 736 offices worldwide.
About RSM International
RSM International is a worldwide network of professional services firms providing tax, accounting, consulting and specialist advisory services around the globe. With more than 600 offices in nearly 75 countries, RSM International’s 20,000+ professionals serve clients in numerous countries including Mexico, Canada, Europe, Asia and Asia Pacific, Latin America and Africa.
About RSM McGladrey
RSM McGladrey is a leading professional services firm providing accounting, tax and business consulting services. RSM McGladrey operates in an alternative practice structure with McGladrey & Pullen LLP, a partner-owned CPA firm that delivers audit and attest services. Through separate and independent legal entities, they work together to serve clients’ business needs. Together, the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting services (source: Accounting Today), with 7,000 professionals and associates in nearly 90 offices. RSM McGladrey Inc. and McGladrey & Pullen LLP are member firms of RSM International, an affiliation of independent accounting and consulting firms.