RSM Kuwait

About us

RSM Albazie & Co.

  • Established in 1963
  • 11 partners and 165 professionals
  • 11 service lines with independent service level heads
Timeline: Year
Firm establishment:(Kuwait Auditing Office - Bader Al Bazie & Co.,) During 1963
Member of Arthur Young: 1969 to 1990
Member of Arthur Anderson: 1990 to 2002
Member of RSM Network: 2003 till date

 

History:

Dawlat Al-Kuwait – The State of Kuwait has become independent state from the British Empire on 19 June 1961. Since then, Kuwait city, the political and economic capital, witnessed unprecedented growth in all the strata of society.

The evolution of basic accounting and auditing services started in the State of Kuwait since independence. The winter of 1963 saw the birth of a debutant firm 'Kuwait Auditing Office – Bader Al Bazie & Company'. A long journey of 50 uninterrupted years of professional service in a 52 year Constitutional Monarch Country is a standing truth of long continued service to diversified clientele in the profession.

Assignment of Registration number 1A to the founder of the Firm, Bader Al Bazie, is a testimony of trust the State of Kuwait has imposed upon the founder to develop auditing profession, for which he stood up to the expectation.

Over the years, the Firm has associated with International Firms from time to time. During 1969 – 1990, the Firm was an associate of Arthur Young; during 1990 – 2002 it was a member firm of Andersen. The collapse of Andersen in the US has left the firm to grow much stronger.

Association:

Presently, we are associated with RSM network, the 6th largest network of independent audit, tax and consulting firms, encompassing over 120 countries and are in each of the top 40 major business centres throughout the world, We have combined staff of over 41,400 in over 800 offices across the Americas, Europe, MENA, Africa and Asia Pacific. The network's total fee income is US$4.87 billion. 

RSM actively engages in promoting and celebrating the very best in entrepreneurship and business leadership, championing the role of the entrepreneur in today's world economy. RSM is the lead sponsor and corporate champion of the European Business Awards promoting commercial excellence and recognition of entrepreneurial brilliance. 

RSM is a member of the Forum of Firms, with the shared objective to promote consistent and high quality standards of financial and auditing practices worldwide.

RSM is the brand used by a network of independent accounting and advisory firms each of which practices in its own right. RSM International Limited does not itself provide any accounting and advisory services. 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.

People:

In a 4 decade span, the firm has engaged and produced many outstanding professionals. Many of the Albazie alumni are placed in esteemed organizations locally and internationally. The Firm always recognizes their talent and efforts in shaping the progressive growth during their tenures.

Under the stewardship of Dr. Shuaib Abdullah Shuaib – the Managing Partner coupled with the consultative guidance from Bader Al Bazie – Founder/Consultant, the Firm spearheads the market in its quality of service and timely deliverable.

The foundation pillars on which the Firm and its people stand strong are Integrity and Intellectuality. Each of these traits run tread past into DNA of the Firm.

What makes the professionals stand apart in competition is the dedication and commitment through which a client is served. RSM Albazie & Co., currently employs over 175 dedicated professionals. The staff composition, with service duration of between one year and thirty years, reflects our office’s policy of blending fresh thoughts and ideas with years of sound experience. The Firm has two partners, two principals, five directors and independent service level heads with a diverse range of experience attained in the Middle East, India, Canada and the United States who are wholly committed to serving our clients.