RSM is one of only two of the top 10 accountancy networks to report growth
Sydney, February 17, 2010 – RSM International, a worldwide network of independent accounting and consulting firms, which includes Australian member firm RSM Bird Cameron, has risen to sixth place in the global accountancy industry league tables according to a survey released by the International Accounting Bulletin.
Measured on fee data, RSM International reported a growth rate of 8 per cent in 2009, with a total fee income of US$3.87 billion.
Kim Hutchinson, CEO, RSM Bird Cameron and board member of RSM International, said, “RSM Bird Cameron has been a proud member of RSM International since 1985, and we are thrilled that the group has moved up in international rankings – a result that can only be attributed to the network’s strong leadership and aggressive growth strategies.”
Jean Stephen, CEO, RSM International, added, “Our new ranking demonstrates the hard work of all member firms during a challenging year for the global economy.”
New RSM member firms in Japan, Ireland, Poland, Tanzania and Kenya, along with a recent UK merger, which formed RSM Tenon, helped the network move up one space into sixth place.
Organic growth from existing member firms, particularly in the Asia Pacific region, further boosted revenues. Singapore and China led the way, reporting growth figures of 31 per cent and 17 per cent, respectively.
RSM is currently represented by independent members in 76 countries and brings together the talents of 3,150 partners and over 32,000 individuals in 736 offices worldwide.
About RSM International
RSM International is a worldwide network of independent accounting and consulting firms. RSM International and its member firms are separate and independent legal entities. RSM International does not itself provide accounting or consultancy services. All such services are provided by affiliate members practising on their own account.
The network’s total fee income of US$3.8 billion places it amongst the top six international accounting organisations worldwide. Affiliate member firms are driven by a common vision of providing high quality professional services, both in their domestic markets and in serving the international professional service needs of their client base.
RSM International is a member of the Forum of Firms. The objective of the Forum of Firms is to promote consistent and high quality standards of financial and auditing practices worldwide.
About RSM Bird Cameron
RSM Bird Cameron is the largest mid-tier accounting firm in Australia serving the middle market with technical and commercial expertise over the full range of specialist corporate and business advisory services including assurance and advisory, corporate finance, taxation consulting and turnaround and insolvency.
RSM Bird Cameron is a core member firm of RSM International, the sixth largest accounting and consulting organisation in the world.