RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

and

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

and is a member of the global accounting network

RSM International RSM International, branded RSM since 2015, is a multinational network of accounting firms forming the sixth-largest accountancy professional services network in the world by revenue. RSM's member firms are independent accounting and advisory bus ...

. It is the fifth largest accounting firm in the

and employs more than 17,000 professionals across 93 cities nationwide and in

. RSM US also maintains offices in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

and

El Salvador El Salvador (; , meaning " The Saviour"), officially the Republic of El Salvador ( es, República de El Salvador), is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south b ...

. Since 2012, RSM US has been headquartered in downtown Chicago. Through

, the firm brings together more than 51,000 professionals from over 800 offices located in more than 123 countries.

History

The firm was founded in 1926 by Ira B. McGladrey (1883-1952) in

Cedar Rapids, Iowa Cedar Rapids () is the second-largest city in Iowa, United States and is the county seat of Linn County, Iowa, Linn County. The city lies on both banks of the Cedar River (Iowa River), Cedar River, north of Iowa City, Iowa, Iowa City and north ...

. McGladrey became a prominent figure in public accounting in Iowa, serving as President of the Iowa Society of Certified Public Accountants, chairman of the Iowa Board of Accountancy, as well as a member of the Rules Committee of the American Institute of Certified Public Accountants, the premier governing body for the field of accounting in the United States. The firm continued to operate under some variant of the McGladrey name until 2015. Cme building aerial view

Legal structure

Beginning in 1999, through a partnership with

H&R Block H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximat ...

, McGladrey operated under two separate legal entities: * McGladrey & Pullen, LLP * RSM McGladrey, Inc. McGladrey & Pullen operated under the traditional partnership structure and offered audit and attestation services. RSM McGladrey was established under the partnership agreement with H&R Block to provide tax and advisory services under an alternative practice structure. In August 2011, H&R Block announced the conclusion of the partnership,

divesting In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is ...

RSM McGladrey to McGladrey & Pullen and reuniting the firms in their traditional partnership structure. McGladrey & Pullen acquired all employees, assets, and infrastructure from RSM McGladrey. The deal closed on December 1, 2011. On May 1, 2012, McGladrey & Pullen officially changed its name to McGladrey LLP. In July 2012, McGladrey shifted its headquarters from

Bloomington, Minnesota Bloomington is a suburban city in Hennepin County, Minnesota, on the north bank of the Minnesota River, above its confluence with the Mississippi River, south of downtown Minneapolis. As of the 2020 census, the city's population was 89,987, ma ...

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

. On October 26, 2015, McGladrey LLP changed its name to RSM US LLP as part of a worldwide rebranding of RSM International members.

Service lines

Audit & Financial Reporting Services

* Global

Audit An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing ...

Public Company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

Audit *

Private Company A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

Audit * Employee Plan Benefit Audit

Tax Advisory Services

* Federal Tax *

Indirect Tax An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST), excise, consumption tax, tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the i ...

* State & Local Tax * International Tax Planning Strategies * Credits and Incentives * Tax Function Optimization

Consulting Services

* Strategy & Management Consulting *

Technology Consulting In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising or ...

* Financial Advisory ** Valuation Services **

Litigation - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...

& Dispute Advisory ** Financial Investigations **

Restructuring Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons ...

Bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...

* Risk Advisory * M&A Transaction Advisory Services * Technical Accounting

Awards and recognition

2021

Accounting Today ''Accounting Today'' is a trade magazine servicing the public accounting profession in the United States. Started in 1987, it grew to a circulation of more than 30,000. The parent company of ''Accounting Today'' is SourceMedia. With over 400 emplo ...

ranked RSM the fifth largest accounting, tax and consulting services firm in the U.S. for the 16th consecutive year *Great Place to Work® named RSM one of the 2021 Best Workplaces in Consulting & Professional Services™ * Great Place to Work® and

Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...

named RSM one of the 2021 100 Best Companies to Work For® * RSM recognized as Best Tax and Audit Service Provider by HFM * RSM receive
Handshake
��s Early Talent Award * RSM recognized o
America’s Best Tax and Accounting Firms 2021
list by

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

* RSM recognized o
Human Rights Campaign’s 2021 Corporate Equality Index
* RSM was named a

Cisco Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...

Gold Partner

Sponsorships

RSM US LLP is the title sponsor of The

RSM Classic The RSM Classic is a golf tournament on the PGA Tour, played in the autumn in Georgia. It debuted in October 2010 on St. Simons Island, Georgia at the Sea Island Golf Club. The tournament was known as the McGladrey Classic until 2015, when the ti ...

, a

PGA Tour The PGA Tour (stylized in all capital letters as PGA TOUR by its officials) is the organizer of professional golf tours in the United States and North America. It organizes most of the events on the flagship annual series of tournaments also k ...

event that takes place at

Sea Island, Georgia Sea Island is a privately owned, unincorporated area of Glynn County, Georgia, and is part of the Golden Isles of Georgia, which include St. Simons Island, Jekyll Island, Little St. Simons Island, and the mainland city of Brunswick. The well-vi ...

in November of each year. The firm also sponsors

professional golfer A professional golfer is somebody who receives payments or financial rewards in the sport of golf that are directly related to their skill or reputation. A person who earns money by teaching or playing golf is traditionally considered a "golf pr ...

s: PGA Tour professionals

Zach Johnson Zachary Harris Johnson (born February 24, 1976) is an American professional golfer who has 12 victories on the PGA Tour, including two major championships, the 2007 Masters and the 2015 Open Championship. In 2023, Johnson will captain the U ...

Abraham Ancer Abraham Ancer (; born 27 February 1991) is a Mexican-American professional golfer who played on the PGA Tour and is currently playing on the LIV Golf tour. He won the 2018 Emirates Australian Open and the 2021 WGC-FedEx St. Jude Invitational ...

Chris Kirk Christopher Brandon Kirk (born May 8, 1985) is an American professional golfer who plays on the PGA Tour and Korn Ferry Tour. He won four tournaments on the PGA Tour between 2011 and 2015. He finished second in the 2014 FedEx Cup Playoffs and re ...

Davis Love III Davis Milton Love III (born April 13, 1964) is an American professional golfer who has won 21 events on the PGA Tour, including one major championship: the 1997 PGA Championship. He won the Players Championship in 1992 and 2003. He was in th ...

, and

Colin Montgomerie Colin Stuart Montgomerie, Order of the British Empire, OBE (born 23 June 1963) is a Scotland, Scottish professional golfer. He has won a record eight European Tour PGA European Tour#Order of Merit winners, Order of Merit titles, including a stre ...

as well as LPGA professional golfers: Maria Fassi, and

Megan Khang Megan Khang (born October 23, 1997) is an American professional golfer. She plays on the LPGA Tour and is the first player of Hmong and Laotian descent to do so. Khang's parents were refugees from the Vietnam War from Laos and came to the Unite ...

. In the European Tour, RSM US sponsors

Alice Hewson Alice Hewson (born 19 August 1997) is an English professional golfer. She won the 2019 European Ladies Amateur and joined the Ladies European Tour in 2020 to win in her first event, the Investec South African Women's Open. Amateur career Hewson ...

, Hinrich Arkenau,

Paul Lawrie Paul Stewart Lawrie (born 1 January 1969) is a Scottish professional golfer who is best known for winning The Open Championship in 1999. He was a vice-captain for the European Ryder Cup team in 2016. Early career Lawrie was born in Aberdee ...

, and Andy Sullivan.

References

External links

* {{Authority control Accounting firms of the United States Companies based in Chicago Consulting firms established in 1926 RSM International