RSM Transparency Report 2021

Page 12

April | 2022

The RSM Network RSM is the brand name used by the Members of the RSM International Network, which are each independent professional services firms and separate legal entities practising in their own right. The Network is not itself a separate legal entity in any jurisdiction, and Membership of the Network does not make any Member Firm responsible for the services of other Firms. RSM International is a private company limited by guarantee and is registered in England & Wales. It is a network umbrella company and does not provide services to clients.

GLOBAL HIGHLIGHTS

Revenue growth of 15.8% from $6.3bn to

offices

countries

$7.26bn

people internationally

RSM Member Firms are driven by a common vision of providing high quality professional services both in their domestic market and in serving the international professional service needs of their client base. KEY SERVICE LINE HIGHLIGHTS

The RSM Network connects Member Firms through common methods and processes, including universally agreed and applied quality standards. These connections enable RSM Member Firm partners and staff to provide consistently high standards of service and advice to clients – everywhere in the world. During 2021, RSM expanded through the addition of a new Member Firm in Turkey, a branch of RSM Tajikistan was 38% 8%its presence8% opened ingrowth Kyrgyzstan, and new Correspondent Firms were in growth in growth in growth inappointed in the Bahamas and Nigeria. The Member Firm in Finland consulting services audit services tax services accounting services left the Network. The unwavering commitment of RSM professionals, combined Membership ofthinking, the has Forum ofperspectives, Firmsinnovative with critical delivered new approaches and a forward-looking gaze to ensure that middle market businesses are primed for growth in the new business age.

RSM International is a member of the Forum of Firms, an association of international networks of accounting firms that Jean M Stephens RSM INTERNATIONAL perform transnational audits. RSM is active in and CEO, fully supports the objective of the Forum of Firms, which is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide and to support convergence of national audit and standards with the International Standards on Auditing. Marion Hannon, RSM’s Global Leader for Quality & Risk, currently represents RSM as a member of the Forum of Firm’s Transnational Auditors Committee. As at December 2021, RSM has Members and Correspondents in over 120 countries, with over 860 offices, more than 51,000 staff and combined revenues in excess of US$7.26 billion (including the US and Canada Alliances), of which, approximately US$2.6 billion was derived from audit services. RSM International and all RSM Member Firms consider strong data and information security to be paramount in ensuring that client and employee data is always protected. To deliver a strong and consistent information security management system, RSM has adopted the internationally recognised ISO 27001 information security standard. RSM Member Firms are working on achieving the ISO 27001 certification to demonstrate to clients that they have in place robust policies and controls that help to maintain the confidentiality, availability and integrity of all client and employee data. 12 RSM AND THE TRANSFORMATION ERA

RSM International Transparency Report | 2021


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