RSM McGladrey

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RSM McGladrey, Inc. is a tax, accounting and consulting firm in the United States, headquartered in Bloomington, Minnesota. It is the US member firm of RSM International, the 6th largest network of professional service firms in the world. The company is a wholly owned subsidiary of H&R Block and specializes in tax, business consulting, wealth management, retirement resources, payroll services and corporate finance.

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[edit] Legal structure

RSM McGladrey has an alternative practice structure with the partner-owned CPA firm McGladrey & Pullen. Though separate and independent legal entities, the firms work closely together to serve clients, with McGladrey & Pullen providing audit and attest services. RSM McGladrey itself is not a licensed CPA firm. When considered together, McGladrey & Pullen and RSM McGladrey rank as the fifth largest accounting firm in the United States (source: Public Accounting Report) with revenues exceeding $1.1 billion.

On September 30, 2005, RSM McGladrey acquired American Express Tax & Business Services.

[edit] Merger with RSM Robson Rhodes

In 2006, RSM McGladrey agreed to merge with the UK firm of RSM International, RSM Robson Rhodes, the 12th largest accountancy firm in the UK. However, the deal collapsed due to delays in completing the deal caused by financial problems at H&R Block, leading RSM Robson Rhodes to terminate the deal. RSM Robson Rhodes later announced a merger with Grant Thornton UK LLP, the UK firm of Grant Thornton International.[1]

[edit] References

  1. ^ "Auditors join forces to take on Big Four", Daily Telegraph, 28 April, 2007

[edit] External links