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RSM International
RSM International, branded RSM since 2015, is a multinational network of accounting firms based in London, United Kingdom. RSM is the sixth-largest accountancy professional services network in the world by revenue. RSM's member firms are independent accounting and advisory businesses, each of which practices in its own right and is unified as part of the network. The network is administered by RSM International Limited, a company registered in England and Wales, however the network itself is not a separate legal entity and does not provide services itself. The largest member firms are RSM US RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. RSM US has been ranked as the 7th most prestigious accounting firm i ... formerly known as McGladrey, and RSM UK formerly Baker Tilly LLP. History RSM International was founded in 1964 as a small network call ...
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Limited Liability Partnership
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Depending on the jurisdiction, however, the limited liability may extend only to the negligence or misconduct of the other partners, and the partners may be personally liable for other liabilities of the firm or partners. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of v ...
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RSM US
RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. RSM US has been ranked as the 7th most prestigious accounting firm in the US as voted on by accounting professionals. It employs more than 16,000 professionals across 81 cities nationwide and in Canada. RSM US also maintains offices in India and El Salvador and plan to primarily utilize employees in those countries for virtually all US engagements. RSM US is the United States member firm of RSM International, the 6th largest accounting network in the world with $8 billion in revenue, 51,000 professionals in 120+ countries. History The firm was founded in 1926 by Ira B. McGladrey (1883-1952) in Cedar Rapids, Iowa. 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 ...
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RSM International
RSM International, branded RSM since 2015, is a multinational network of accounting firms based in London, United Kingdom. RSM is the sixth-largest accountancy professional services network in the world by revenue. RSM's member firms are independent accounting and advisory businesses, each of which practices in its own right and is unified as part of the network. The network is administered by RSM International Limited, a company registered in England and Wales, however the network itself is not a separate legal entity and does not provide services itself. The largest member firms are RSM US RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. RSM US has been ranked as the 7th most prestigious accounting firm i ... formerly known as McGladrey, and RSM UK formerly Baker Tilly LLP. History RSM International was founded in 1964 as a small network call ...
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Professional Services Networks
Professional services networks are business networks of independent firms who come together to provide professional services to clients through an organized framework. They are notably found in law and accounting. Any profession that operates in one location, but has clients in multiple locations, may provide potential members for a professional network. This entry focuses on accounting, legal, multidisciplinary and specialty practice networks. According to statistics from 2010, members of these networks employ more than one million professionals and staff and have cumulative annual revenues that exceed $200 billion. The accounting networks developed first to meet the US Securities and Exchange Commission's requirement for public company audits. They include the well-known accounting networks like PwC, Deloitte, Ernst & Young and KPMG (also known as the Big 4 Audit Firms) as well as more than 30 other accounting networks and associations. They are highly structured entit ...
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KPMG
KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 employees, affiliated with KPMG International Limited, a private English company limited by guarantee. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. KPMG has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. In the 21st century, various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. History Early years and mergers In 1816, Robert Fletcher started working as an accountant and in 1839 the firm he worked for changed its name to Robert Fletcher & Co. William Barclay Peat join ...
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Grant Thornton
Grant Thornton is a multinational professional services network based in London, United Kingdom. It is the seventh-largest in the world by revenue and the sixth-largest by number of employees. The network consists of independent accounting and consulting member firms that provide assurance, tax, and advisory services to privately held businesses, public interest entities, and public sector organisations. Grant Thornton is composed of member firms affiliated with Grant Thornton International Ltd., a private company limited by guarantee, incorporated in England and Wales. Grant Thornton is a not-for-profit, non-practising, international umbrella membership entity, and has no share capital. Member firms within the Grant Thornton network operate in 147 markets employing around 73,000 personnel for a combined global revenue of US$7.5 billion. History 20th century The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Ox ...
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McGladrey
RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. RSM US has been ranked as the 7th most prestigious accounting firm in the US as voted on by accounting professionals. It employs more than 16,000 professionals across 81 cities nationwide and in Canada. RSM US also maintains offices in India and El Salvador and plan to primarily utilize employees in those countries for virtually all US engagements. RSM US is the United States member firm of RSM International, the 6th largest accounting network in the world with $8 billion in revenue, 51,000 professionals in 120+ countries. History The firm was founded in 1926 by Ira B. McGladrey (1883-1952) in Cedar Rapids, Iowa. 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 ...
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Robson Rhodes
RSM Robson Rhodes LLP was a partnership of chartered accountants in the United Kingdom and Ireland. It was the UK member firm of RSM Global, the 6th largest network of professional accountancy firms in the world. With offices throughout the UK and Ireland, the firm offered auditing, consultancy and tax services to a wide variety of organisations in the private and public sectors. Robson Rhodes was the 12th largest accountancy firm in the UK, with revenues of £85.5 million for the year ending 30 April 2006, and average revenue per partner of £1.007 million. However, despite the size of its turnover the firm was loss-making (£3.8m loss in 2006), and heavily in debt (£45m including partner debts). It became a part of Grant Thornton on 1 July 2007. Robson Rhodes was founded in 1927 by Sir Lawrence Robson.
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Baker Tilly International
Baker Tilly also known as Baker Tilly International is a international consulting and public accounting network based in London, United Kingdom. It is currently the 6th largest CPA advisory firm in the U.S. and 9th largest accounting network in the world by revenue with 43,000 people in 700 offices across 143 territories with combined global revenues of US$5.6 billion. Baker Tilly is composed of member firms of Baker Tilly International Limited, a UK company limited by guarantee. The network operates geographically through four regions: Asia Pacific; Europe, Middle East and Africa; Latin America; and North America. Each region has a chair, appointed by the International Board, who leads an advisory council elected by members in that region. History In 1987 Summit International Associates, Inc. is incorporated. The network is represented in 20 countries by 50 firms, with combined revenues of US$200m. It ranked 22nd in the world in that moment. 2000 Stephen Flesch stepped d ...
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RSM UK
RSM UK is a provider of audit, tax, and consulting services to middle-market businesses. It is the seventh-largest business advisory firm in the United Kingdom and the sixth-largest globally. The firm offers audit and assurance, risk advisory, outsourcing, tax, consulting, restructuring, transactions, and legal services. RSM works with a wide range of public, private, and not for profit companies. History The firm was founded in 1865 by Walter Howard. Historical name changes and mergers with many different firms have brought the partnership to where it is today. The name Baker Tilly was created in 1988 through the merger between Howard Tilly and Baker Rooke. The firm continued to grow through several mergers, including the purchase of the trading subsidiaries of RSM Tenon Group in September 2013. Following the purchase of RSM Tenon in April 2014, Baker Tilly became a member firm of RSM Global having served notice on Baker Tilly International Baker Tilly also known as ...
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Accounting Networks And Associations
An accounting network or accounting association is a professional services network whose principal purpose is to provide members resources to assist the clients around the world and hence reduce the uncertainty by bringing together a greater number of resources to work on a problem. The networks and associations operate independently of the independent members. The largest accounting networks are known as the Big Four. The Big Four History of accounting networks and associations Foundations Accounting networks were created to meet a specific need. “The accounting profession in the U.S. was built upon a state-established monopoly for audits of financial statements.” Accounting networks arose out of the necessity for public American companies to have audited financial statements for the Securities and Exchange Commission (SEC). For over 70 years, the SEC has continually sought for greater coordination and consistent quality in audits everywhere in the world. Network ...
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London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ...
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