RSM International, the seventh largest global network of independent audit, tax and advisory firms, welcomed 32 member firms from across Europe, and RSM delegates from Australia, Brazil, China, Dubai, Mexico, South Africa and USA to the RSM European Conference that took place in Bucharest from 29 June - 1 July 2014.
The conference delegates have discussed how they will build on the successes of 2013, when RSM in Europe generated a 50% increase in outbound network referrals and a 20% increase in inbound referrals. Technical workshops and plenary sessions have covered topics such as pan European and global client services, European corporate finance, family and private business, European law and global compliance.
Attendees have been also invited to a special celebration of RSM’s 50th anniversary. Romanian member firm, RSM Scot, also celebrates its 20th anniversary this year.
Jean Stephens, CEO of RSM, said: “RSM’s regional conferences allow us to build upon our already strong relationships with each other by focussing our collective attention on our clients, how we service them and anticipating their needs for the future. The European conference is the largest of RSM’s regional conferences including delegates from around the world, and this year we welcomed our new partners from Baker Tilly in the UK.”
Dan Schwartz, Managing Partner of RSM Scot, said: “Seven years into our accession to the EU, Romania has become a regional hub for Central and Eastern Europe. At the same time, opportunities in the Romanian market are attracting investors from all over the globe. 2013 was a good year in Romania – the economy grew by close to 3 per cent, and we expect growth to be even better in 2014, which will, of course, be positive for the firm and the network.”
RSM Scot was founded in 1994, and it quickly became one of the major players in the country’s professional audit and consulting services market.
Business conditions in Europe continue to improve, as shown by RSM’s 2014 Business Births and Deaths survey, which found that the continent had a 1.5% increase in net new business creation in 2013, up from a Compound Annual Growth Rate, which is calculated taking into consideration the total growth rate over a certain period of time, of just 0.8% from 2007-11.