RSM Bahrain

RSM Transparency Report 2017


Welcome to the 2017 RSM Transparency Report which provides top-level information on the structure and functions of our network and how our policies and procedures govern the provision of services our member firms provide to their clients.

We have also included three RSM Insights – topical reviews on current issues that are top of mind for middle market businesses today: Deglobalisation and how adaptation is key to survival; Innovation and the trending gig economy; and finally, we look how the profession must adapt to expanding use of data, both by clients and their auditors.

As a global network of independently owned and operated firms, RSM’s main purpose is to bring our firms around the world closer together to allow them to provide seamless cross-border services. This can only be achieved through uniting under the same high-quality standards, by staying true to our core beliefs of Understanding, Collaboration, and Ideas and Insight, and ensuring our clients consistently experience our client commitment – The Power of Being Understood.

After an extremely busy year in 2016 following the launch of our global unified brand in October 2015, this year has been focused on further embedding our name, logo and the values that underpin our brand within our markets, staff and communities. We have achieved a much greater sense of unification and enhanced the responsibility that we have for each other, our clients and others we engage with through
our work.

We have also focused on our understanding of those we serve. 2017 has presented many issues for middle market businesses from fluctuating exchange rates, cash flow issues, devaluations and uncertain economic and political climates, both locally and globally – these are all challenges that we are helping our clients overcome.

I would like to take this opportunity to express my gratitude and appreciation to Bob Dohrer, RSM’s Global Leader – Quality and Risk. Bob is respected across the industry for his experience and stature, demonstrated through his previous role of Chairman of the Forum of Firms and his current seat on the International Auditing and Assurance Standards Board.

Through his influence and direction, RSM has an asset that brings stability, focus and strategy to the network. Bob works closely with the RSM Transnational Assurance Services Executive Committee (TASEC), whose role it is to ensure our policies and procedures meet or exceed international and national standards.

However, there are of course many people within the network who contribute their time and expertise to the various leadership groups and committees and my sincere thanks go to all those professionals for their commitment to helping
develop RSM.

Jean Stephens, CEO, RSM

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