RSM

Chicago,  IL 
United States
http://rsmus.com
  • Booth: 3102

RSM is a leading-edge advisor in the consumer products industry for services tailored to meet the unique needs of our clients.

  • RSM understands retailers. We offer guidance on retail-specific pain points and provide insights on topics including changing consumer preferences, branding, technology, real estate and labor issues.
  • Our evolving ecosystem of technology and advanced digital tools enables us to tailor audit services to your circumstances and provide you with actionable insights relevant to your business.
  • By leveraging and implementing advanced technologies and automation, our tax professionals can deliver deep insights on the issues and opportunities most impactful to our clients.
  • Our consultants can help you achieve your technology goals across various business workloads including business applications, modern workplace, security and risk, mobility, cloud hosting, data analytics, customer experience and collaboration tools.

Experience the power of being understood. Visit rsmus.com


 Press Releases

  • Funds support children and families served by nonprofits where RSM’s people live and work

    CHICAGO – (November 17, 2022) – RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market, and title sponsor of The RSM Classic – was pleased to recently present a check for $6,761,566 million to the Davis Love Foundation to support nonprofit organizations focused on children and families in the cities where RSM’s people live and work. The funds were raised through RSM’s employee-led Power of Love campaign and the on-course Birdies Fore Love competition with the PGA TOUR in connection with the 13th annual RSM Classic, a PGA TOUR event that takes place at Sea Island, Georgia.   

    Through Power of Love, RSM’s people, backed by generous donations from clients and the firm’s communities as well as a matching donation from the RSM US Foundation, raise funds to support the foundation’s mission to build tomorrow’s middle market leaders through charitable donations focused on enhancing educational outcomes and the quality of life for children and families. Each year the program supports more than 100 charities across the U.S., Canada, India and El Salvador.

    “Stewardship has been one of RSM’s core values since our firm was founded 97 years ago,” said Doug Opheim, chief financial officer with RSM US LLP and chair of the RSM US Foundation. “I am in awe of this year’s Power of Love leaders Victoria Parks, Krayton Koski and Marit Plowman for harnessing the caring nature of our people across the U.S., Canada, India and El Salvador, as well as many of our clients, to support the communities where we live and work.”  

    RSM’s Birdies Fore Love – an on-course competition in conjunction with the PGA TOUR –was announced in 2018 to recognize and award weekly winners throughout the fall, as well as the top three finishers in total birdies (or better) from all fall TOUR events. This on-course competition further supports those in need and is currently scheduled to continue through the fall portion of the 2025-26 FedEx Cup Regular Season.

    “Our people, clients and friends; the PGA TOUR and the Davis Love Foundation have embraced the Power of Love, making it an annual tradition that we all look forward to supporting each year through The RSM Classic,” said Andy Bosman, chief marketing officer with RSM US LLP. “’The caring and commitment to giving back to those in need reflects RSM’s core value of stewardship, and enables us to help make the world a better place. We’re humbled to be able to work with the TOUR, the Davis Love Foundation and others to support the community.”

    As in years past, winning players from this year’s RSM Birdies Fore Love program are encouraged to designate the funds to charitable organizations dedicated to building tomorrow’s middle market leaders through programs that support education, as well as organizations committed to improving the lives of youth through a focus on hunger, housing, and health – all of which aligns with the RSM US Foundation’s areas of focus.

    “RSM is a great title sponsor for The RSM Classic, and a dedicated advocate for the Golden Isles community,” said Davis Love III, PGA Tour professional, Team RSM member, 2022 U.S. Presidents Cup Team Captain and Sea Island resident. “RSM’s people demonstrate their core values of respect, integrity, teamwork, excellence and stewardship every day. I’m honored to work with them to help our communities care for those in need and to continue the PGA TOUR’s tradition of giving back.”

    To learn more about RSM’s philanthropic efforts, read the RSM US Foundation Giving Report.

    About The RSM Classic
    The RSM Classic is an official PGA TOUR event hosted by professional golfer, Davis Love III. The 2022 tournament is being held Nov. 14-20, at Sea Island Golf Club on St. Simons Island in Georgia’s Golden Isles. The Davis Love Foundation, a 501(c)3 nonprofit organization, manages and operates the tournament, and has donated nearly $35 million to charities that support children and families in need. For more information about The RSM Classic and the Davis Love Foundation, visit rsmclassic.com


    About RSM US LLP

    RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

    RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

  • 2022 awards recognize exemplary board practices related to DE&I

    CHICAGO – (December 8, 2022) – RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – is pleased to announce that it was one of 20 boards nationwide named as finalists for the 2022 National Association of Corporate Directors’ (NACD) Diversity, Equity & Inclusion Awards. The awards recognize boards that have improved their governance and created long-term value for stakeholders by implementing forward-thinking diversity, equity and inclusion (DEI) practices.

    “At RSM, we are focused on creating an unrivaled, inclusive culture and talent experience where everyone feels a sense of belonging,” said RSM US LLP Managing Partner & CEO Brian Becker. “Our culture, diversity and inclusion (CDI) program has helped us successfully engage our people and increase diversity within our firm while also advancing diversity in the marketplace and in our communities. We are proud of our board, our leadership and our people for their work on diversity and inclusion, and we are honored to be recognized by NACD. At the same time, we recognize we have more to do and are committed to making progress.”

    “RSM has worked to achieve great strides in creating an equitable boardroom,” said NACD President and CEO Peter Gleason. “NACD is proud to honor RSM for advancing DE&I in its boardroom and throughout its organization.”

    RSM has documented metrics to ensure continuous progress related to its CDI efforts. Activities and progress to date include the establishment of a Middle Market Collaborative for Understanding, the launch of the RSM Excellence Academy for underrepresented students and many other initiatives. The firm also encourages participation and engagement of its people in various employee network groups (ENGs). These employee-led affinity groups are empowered to make decisions regarding how to contribute to an inclusive culture and provide the firm’s people with leadership and development opportunities, while also enabling them to build relationships with colleagues who they might not otherwise have an opportunity to meet. Currently more than 50% of RSM’s people belong to one or more of its 12 ENGs.

    For more information on NACD’s commitment to the advancement of DE&I at the board level, and for further related insights, trends, and perspectives, visit the NACD Center for Inclusive Governance™ and the NACD Diversity, Equity & Inclusion Resource Center. For more information on diversity and inclusion at RSM, visit RSM’s website.

    About NACD
    The National Association of Corporate Directors (NACD) is the premier membership organization for board directors who want to expand their knowledge, grow their network and maximize their potential.

    As the unmatched authority in corporate governance, NACD sets the standards of excellence through its research and community-driven director education, programming, and publications. Directors trust NACD to arm them with the relevant insights to make high-quality decisions on the most pressing and strategic issues facing their businesses today.

    NACD also prepares leaders to meet tomorrow’s biggest challenges. The NACD Directorship Certification® is the leading director credential in the United States. It sets a new standard for director education, positions directors to meet boardroom challenges, and includes an ongoing education requirement that prepares directors for what is next.

    With an ever-expanding community of more than 23,000 members and a nationwide chapter network, our impact is both local and global. NACD members are driven by a common purpose: to be trusted catalysts of economic opportunity and positive change—in business and in the communities we serve. To learn more about NACD, visit www.nacdonline.org.


    About RSM US LLP

    RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

    RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

  • Persistent and elevated inflation and rising interest rates challenge middle market firms; current sentiment and near-term outlooks reflect growing pessimism

    CHICAGO – (December 6, 2022) – The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, eased to 124.2 in the fourth quarter, down 12.5 points from the previous quarter. While the index remains at a level that signals expansion and reflects the resilience of the broader economy, the decrease in topline sentiment indicates that two years of rising prices are taking a toll on overall business conditions and expectations around revenues, net earnings and hiring.

    “The fourth quarter MMBI reading doesn’t show that the American economy is in a recession, but an array of economic indicators implies the economy is decelerating into the end of the year,” said Joe Brusuelas, chief economist with RSM US LLP. “This slowdown underscores our estimation of a 65% probability of a recession over the next 12 months, and we think the lagging impact of interest rate hikes – which have already resulted in significant financial tightening – will become apparent in a sharp economic drop-off early next year. Middle market firms need to prepare for a pronounced slowdown in demand in the near term.”
    Q4 2022 MMBI Chart

    Middle Market Sentiment Sours as Economic and Business Conditions Worsen

    All 10 components of the RSM US Middle Market Business Index declined from the third quarter to the fourth, reflecting growing pessimism about the economy.

    Persistent and elevated inflation has eroded consumer purchasing power and dampened business confidence, which is observable in executives’ responses to questions about their current outlook on the economy, hiring, revenues and net earnings. A sharp increase in respondents reporting a reduction in revenue (29%) and profit (33%) from the previous quarter, up from 19% and 24% respectively, should serve as a bellwether for firms to begin preparing for the end of the business cycle.

    The year’s final Middle Market Business Index shows that persistently high inflation is souring businesses’ perceptions about the strength of the economy in the near term,” said U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley. “With respondents showing revenue, earnings and hiring expectations falling, it is absolutely critical that policymakers do all they can to put a stop to inflation.”

    Plans for Capital Expenditures and Hiring Slow as the Ability to Increase Prices Wanes

    The survey results imply that pricing pressures did not intensify in the fourth quarter and the ability for middle market businesses to pass along price increases appears to be ebbing. Roughly 53% of respondents noted an increase in prices received in the fourth quarter, down from 69% in the previous quarter.

    Roughly 50% of survey respondents said they intend to increase capital expenditures over the next six months, following eight straight quarters in which a majority said they intended to do so. This data is encouraging, as businesses that are continuing to hire, raise wages and invest despite expectations of a poor economy are helping keep the economy afloat. The MMBI report cautions that as uncertainty rises, companies may be tempted to pull back on critical investments, but boosting innovation and technological capability during a downturn bolsters productivity and is a necessary component of business operations.

    The survey results also indicate the period of above-trend job growth driven by the pandemic recovery is ending, as the percentage of respondents stating they plan to reduce headcount reached its highest level since 2020. In the current quarter, 14.1% stated they plan to make workforce reductions, up from 6.5% in the third quarter. Just over half of the respondents reported plans to increase hiring over the next six months, the lowest rate since mid-2020.

    Hybrid and Remote Work Options Appear to be Permanent

    Responses to special questions in the latest MMBI survey show that middle market companies appear to be permanently adopting the remote and hybrid work practices that were driven by safety measures during the height of the COVID-19 pandemic.

    Nearly three-quarters (74%) of executives polled said their companies had rolled out a hybrid work option, up nine points from the fourth quarter of 2021. More than half (54%) of businesses have made remote work a permanent option for some employees on a full-time basis, up from 48% a year earlier.

    More details about these changes and executives’ outlook on staffing for the next year will be featured in the RSM US Middle Market Business Index special report on the workplace and hiring, scheduled for publication in early 2023.

    The survey data that informs this index reading was gathered from 408 respondents between October 3 and October 21, 2022.

    About the RSM US Middle Market Business Index

    RSM US LLP and the U.S. Chamber of Commerce have partnered to present the RSM US Middle Market Business Index (MMBI). It is based on research of middle market firms conducted by Harris Poll, which began in the first quarter of 2015. The survey is conducted four times a year, in the first month of each quarter: January, April, July and October. The survey panel consists of approximately 1,500 middle market executives and is designed to accurately reflect conditions in the middle market.

    Built in collaboration with Moody’s Analytics, the MMBI is borne out of the subset of questions in the survey that asks respondents to report the change in a variety of indicators. Respondents are asked a total of 20 questions patterned after those in other qualitative business surveys, such as those from the Institute of Supply Management and National Federation of Independent Businesses.

    The 20 questions relate to changes in various measures of their business, such as revenues, profits, capital expenditures, hiring, employee compensation, prices paid, prices received and inventories. There are also questions that pertain to the economy and outlook, as well as to credit availability and borrowing. For 10 of the questions, respondents are asked to report the change from the previous quarter; for the other 10 they are asked to state the likely direction of these same indicators six months ahead.

    The responses to each question are reported as diffusion indexes. The MMBI is a composite index computed as an equal weighted sum of the diffusion indexes for 10 survey questions plus 100 to keep the MMBI from becoming negative. A reading above 100 for the MMBI indicates that the middle market is generally expanding; below 100 indicates that it is generally contracting. The distance from 100 is indicative of the strength of the expansion or contraction.

    About The U.S. Chamber of Commerce

    The U.S. Chamber of Commerce is the world’s largest business organization representing companies of all sizes across every sector of the economy. Members range from the small businesses and local chambers of commerce that line the Main Streets of America to leading industry associations and large corporations.

    They all share one thing:  They count on the U.S. Chamber to be their voice in Washington, across the country, and around the world. For more than 100 years, we have advocated for pro-business policies that help businesses create jobs and grow our economy.


    About RSM US LLP

    RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

    RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

  • CHICAGO – (September 7, 2022) – Great Place to Work® and PEOPLE magazine have recognized RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – as one of the 2022 PEOPLE Companies That CARE®. The list spotlights employers that have gone above-and-beyond to create positive workplaces for their people and their communities at large. This is the second straight year RSM has received this prestigious recognition, which means that RSM is one of the best companies to work for in the country.

    The Companies That Care® list is highly competitive. To identify the 100 Companies That Care, PEOPLE teamed up with Great Place to Work to produce the ranking using the firm’s extensive database and inside knowledge of outstanding workplaces around the globe. Organizations are assessed on how well they are creating a great company experience that cuts across race, gender, age, disability status or any aspect of who employees are or what their role is. (Read the full methodology here.)

    According to Great Place to Work®, organizations on the PEOPLE Companies That Care® list for 2022 “succeeded in business while also demonstrating outstanding respect, care and concern for their employees, their communities and the environment.” These companies did this by investing in employee wellbeing, pushing for equitable and inclusive work environments, and helping their people give back to their communities. This year’s Companies That Care® also stand out for reducing the carbon footprints of their operations and investing in employees’ mental health. 

    Also, according to Great Place to Work®, 93% of employees at RSM say it is a great place to work, compared to 57% of employees at typical U.S.-based companies. When asked on the Trust Index™ survey what makes RSM a great place to work, employees most frequently cited the firm’s people, culture and flexibility.

    “RSM is honored to receive this prestigious award that recognizes our caring culture,” said Brian Becker, managing partner & CEO for RSM US LLP. “Our people are at the heart of everything we do, and they have earned this recognition by being caring, curious, collaborative, courageous, critical thinkers. These ‘5 C’s’ are the foundation of our unrivaled culture, our inclusive workplace, our community outreach programs and our client experience. We are proud that our people embrace them and live them every day.”

    RSM is joined on this year’s list by Bank of America, Cisco, Hubspot, Salesforce, Target Corporation and other prestigious organizations.

    Great Place to Work® and Fortune also recently named RSM one of the 100 Best Workplaces for Millennials™, one of the 100 Best Companies to Work For® and one of the Best Workplaces for Parents.   

    For a complete list of RSM workplace and other recognitions, visit the Awards and Recognitions page of our website.

    About PEOPLE
    Dotdash Meredith’s PEOPLE revolutionized personality journalism when it launched as a weekly in 1974 with a mission to celebrate extraordinary people doing ordinary things and ordinary people doing extraordinary things.  Ubiquitous and still at the center of pop culture close to 50 years later, the PEOPLE brand is accessible across all media and platforms (print, digital, video, podcasts, OTT, mobile, social) bringing more than 100 million consumers a unique mix of breaking entertainment news, exclusive photos, video, unparalleled access to the red carpet, celebrities, and in-depth reporting on the most compelling newsmakers of our time. An essential component of PEOPLE’s editorial vision remains human interest stories, which touch and often mirror the lives of our passionate audience. ComScore ranks the PEOPLE/Entertainment Weekly Digital Network No. 1 in the entertainment news category.

    About GREAT PLACE TO WORK®
    Backed by 30 years of data, Great Place To Work® is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index™ Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every company become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification™ and highly competitive Best Workplaces™ Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Their platform enables leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in over 90 countries worldwide. Learn more at greatplacetowork.com and on LinkedInTwitterFacebook and Instagram.


    About RSM US LLP

    RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

    RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

  • CHICAGO – (August 22, 2022) – RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – was recently ranked No. 1 on Accounting Today’s annual Value-Added Reseller (VAR) 100 list. This is the eighth year that RSM has earned the No.1 ranking on the VAR 100 list.

    According to Accounting Today, the value-added resellers in its 2022 Top 100 VAR ranking are helping businesses make major investments in digital infrastructure to meet the challenges of a dramatically changed business environment.

    “Receiving the top ranking on Accounting Today’s VAR 100 list once again demonstrates our dedication to developing solutions to help our clients succeed,” said Matt Kenney, business applications service line leader with RSM US LLP. “We will continue to help the businesses we work with reach their digital transformation goals and leverage technology to navigate this challenging and evolving economic environment, while creating even greater opportunities and inspiring ongoing growth.”

    Read more about Accounting Today’s 2022 Top 100 VARs here.


    About RSM US LLP

    RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

    RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.