RSM

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.

Recent data from RSM says large companies made only 2% of cyber insurance claims but accounted for 51% of all incident costs.

RSM announced the launch of myRSM Tax, a suite of proprietary platforms that work together using AI to reduce manual processes, accelerate insight generation and ensure transparency.

The Top 10 Firm is expanding its AI strategy and offerings over the next three years, particularly where it concerns semi-autonomous agents.

RSM adds to executive leadership team; ICPAS plans to host nonprofit symposium; and more news from across the profession.

An aggressive suite of tariffs from President Trump will complicate the Federal Reserve's job as it struggles to quash inflation and avoid an economic downturn.

The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.

The PS+ practice serves nearly 80 firms across the U.S. and Canada.

RSM International announced its 2024 financial results, reporting 15% growth in global fee income and 11% growth in tax revenues.

KPMG appoints new global head of audit; Weaver launches health care advisory practice; and more news from across the profession.

RSM formed an advisory body composed of three independent board members responsible for evaluating quality control and quality management within the firm's assurance practice.

KPMG International appoints global sector heads; Withum launches AI-focused website; and more news from across the profession.

Allowing for regulatory approvals and other hurdles, the two firms hope to become a single firm by the end of 2025.

The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.

Plus, Connecticut Society of CPAs installs new board; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.

Eide Bailly admits 24 partners; MGI Worldwide adds new member firm; and more news from across the profession.

Ernest John Nedder, a partner and chief strategy officer at RSM US, will be the next CEO of the RSM International network, succeeding Jean Stephens on June 1.

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

Brown Schultz Sheridan & Fritz assumes new name of Brown Plus; FASB appoints six to Not-for-Profit Advisory Committee; and more news from around the profession.

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.