The Board of RSM International, the world’s seventh largest audit, tax and advisory network, is reviewing its options with regard to its UK membership following the announcement of the combination of RSM Tenon with Baker Tilly.
The decision follows the announcement that RSM Tenon Group plc, which is now in administration, is to sell its operating businesses on a going concern basis to Baker Tilly, subject to various approvals over the next weeks.
During this period of transition, it will be business as usual with RSM Tenon, and no decisions in relation to RSM representation in the UK have yet been taken.
The Board is committed to ensuring that RSM International’s clients have access to the best advice and people in all key markets including the UK.
Jean Stephens, Chief Executive Officer, said: “We will take this opportunity to explore all options and to ensure our positioning in the UK continues to be strong, dynamic and a good fit for RSM International. The UK is a strategic market for our network and our international clients and will continue to be of the utmost importance. RSM International is built on strong foundations and close relationships and we will leverage these strengths and use this opportunity to the advantage of all our clients, stakeholders and people.”