Highlights for 2020:
- Global revenue up from $5.7 billion to $6.3 billion
- Consulting revenues rise 15% as Member Firms support pandemic response
- New Member Firms appointed in Denmark, Chile, Paraguay, Zambia and Kazakhstan
- 12 new offices opened as global team numbers reach 48,000
Consulting services saw the highest growth with an increase of 15%. This was driven by demand for management and business consulting, IT consulting and risk management, as RSM supported middle market business leaders in their response to the pandemic, the reorganisation of their business operations and the digitalisation of their infrastructure.
Significant audit client wins in 2019 contributed to a 10% increase in audit revenue in 2020. Audit services were further enhanced through the launch of an innovative online collaboration tool to enhance client experience, enable efficiencies in audit, compliance and advisory services, as well as offering integrated data analytics capabilities.
Jean Stephens, Global Chief Executive Officer, commented:
“2020 has been a challenging year but our growth reflects the agility and resilience we have shown in the face of adversity, adapting our digital infrastructure in line with rapid change, being purposeful in our decision-making and prioritising the wellbeing of our colleagues and business security of our clients. At a time when businesses are being challenged to transform, we remain focused on providing innovative, high-quality services and solutions to help our clients reimagine their future.”