RSM has announced a six per cent increase in global fee income to $4.64 billion for the financial year ending December 31, 2015. RSM has also moved up one place in the global ranking and is now the sixth largest global network of independent audit, tax and consulting firms.

Fee income was up 10 per cent in the US, 10 per cent in Europe, six per cent in the Middle East and North Africa, one per cent in Asia Pacific and nine per cent in Latin America. Audit and accountancy fees increased by four per cent to $2.27 billion, tax grew by seven per cent to more than $1.35 billion and consulting/advisory was up 6.9 per cent to $1.02 billion.

On October 26, 2015, RSM member firms globally adopted the brand and trading name ‘RSM’. The unified brand enables RSM to better communicate its strengths and global service capabilities as the adviser of choice to the middle market.

Jean Stephens, CEO of RSM, said: “We have had a very positive year and these figures indicate that RSM is going from strength to strength. RSM firms worldwide are helping companies operate in an increasingly complex and rapidly changing environment by providing expert advice and insights that are based on a deep understanding of their business wherever they may be. Our unified brand is allowing us to focus on the needs of our clients even more, giving them the confidence to take their business forward.”

Maria Micallef, managing partner in Malta, said: “We are extremely proud with our membership in a network that continues to focus its energy on successfully supporting growth-focused organisations. Our strategic direction for Malta aims to position the firm as the advisor of choice amd the natural home for local medium-sized entities with an ambition to grow further. Our commitment to understand their requirements and provide reliable solutions helps our clients to succeed and enables us to reinforce our position as the leading mid-tier firm in Malta.”

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