Accounting firm RSM is currently in discussions to merge its US and UK operations, a move that could significantly reshape its business structure. Reports indicate that RSM Ireland is also positioned to be acquired as part of this broader deal. The merger talks come at a time when the UK’s largest audit firms are under pressure to enhance the independence of their accounting practices, following a regulatory mandate requiring the separation of their accounting and consulting services. This initiative aims to address concerns regarding conflicts of interest within the industry.
RSM Ireland part of merger talks between related US and UK accounting firms https://t.co/xCtWemdp2p
The UK’s four biggest audit firms have met a deadline for taking steps to separate the work of their accounting and consulting arms as part of a deal with the industry’s regulator meant to increase independence. https://t.co/XYb3zeuUeU
RSM Ireland in line to be acquired as part of wider deal for UK accounting firm https://t.co/dmlpTB8lXB