RSM

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.

RSM appoints new CFO; GSCPA raises $347K for food banks statewide; and more news from across the profession.

Horsey, Buckner & Heffler launches sports division; NASBA bestows 2023 Accounting Education Research grants; and more news from across the profession.

Virginia Society of CPAs also names board members; RSM announces sixth class of the RSM Industry Eminence Program; and more news from around the profession.

EisnerAmper launches new website; LMC CPAs moves New York City office; and more news from around the profession.

NJCPA and MassCPA both name next association leaders; Windes appoints first chief growth officer; and more news from around the profession.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The firm's worldwide revenues in 2022 reached $8.132 billion, increasing 15% this past year and 41.7% over the last three years.

Grant Thornton announces latest Purple Paladin recipient; ConvergenceCoaching graduates latest Transformational Leadership Program class; and more CPA news.

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

The Top 10 Firm was penalized for improper professional conduct for failing to properly audit a client.