The head of global accountancy group RSM’s Swindon office has welcomed its rise up the international sector rankings following an increase in its worldwide fee income.
The 6% growth moved RSM up one place to make it the sixth largest global network of independent audit, tax and consulting firms.
The step up comes just three months after the group adopted the RSM brand and trading name as part of a coordinated global rebranding exercise in 120 countries. The UK firm was formerly known as Baker Tilly. 
RSM Swindon office managing partner Sharon Omer-Kaye, pictured, said: “Our rise in the global ranking underlines the strength and depth of our international network.
“More local firms are needing support to operate in an increasingly complex and changing global environment. Being able to draw on expertise from across RSM’s global network is proving to be invaluable for our local clients.”
Fee income for RSM’s international network rose to $4.64bn (£3.22bn) for the financial year ending December 31, 2015. Turnover rose by 10% in the US and Europe, based on fee income in local currencies, 9% in Latin America, 6% in the Middle East and North Africa, and 1% in Asia-Pacific. Audit and accountancy fees increased by 4% to $2.27bn, tax grew by 7% to more than $1.35bn and consulting/advisory was up 6.9% to $1.02bn.
RSM is the UK’s seventh largest accountancy group. Its Westmead, Swindon, office was previously part of RSM Tenon and joined Baker Tilly’s 35 UK offices more than two years ago when the firm acquired RSM Tenon. It operated under the Baker Tilly name until the introduction of the global RSM brand last October.
