2019 was another strong year for RSM and its member firms across the network. Following on from the announcement of its 2019 global financial results, RSM has placed 6th in the 2020 World Survey rankings, as published by the International Accounting Bulletin (IAB).
In early February, the network announced a 6.9% increase in global revenues year-on-year at average exchange rates (*8.8% at constant exchange rates), as well as double-digit growth for 46% of its member firms.
Additional highlights included:
- Headcount increase by 1,872 and 54 new offices
- Growth led by North America (14.8%)
- Service line growth dominated by tax (11.7%) and consulting (7.2%)
- Key merger activity in China and France, and an enhanced presence across Africa
The IAB is the only global magazine covering the professional services world and has an established reputation for ranking and providing insight on international accounting networks and associations. This year, the publication surveyed 51 organisations, 29 networks and 22 associations.
Jean Stephens CEO of RSM international said:
“RSM delivered strong growth in 2019 but, for that to be sustainable, we must maintain a focus on quality and remain dedicated to ensuring that we also continue to meet and exceed the expectations of our rapidly growing, international client base.”
“Our strategy for this year includes expansion into new markets, expanding our capabilities and footprint through aggressive M&A strategies, creating new products and services and identifying emerging new sectors - while delivering the service and expertise our clients expect.”
“As we move further into 2020, we are in a strong position and look forward to building on our successes and continuing to deliver The Power of Being Understood to our clients.”