Key figures for RSM's international network in 2024
RSM's global revenue reached USD 10 billion in 2024, making it the sixth largest audit, tax and advisory network in the world.
- RSM’s tax revenues rose by 11% to USD 2.9 billion, marking a second year in succession of double-digit growth.
- Global fee income for assurance services grew 15% to USD 3.2 billion.
- Global consulting revenue remained consistent with USD 3.9 billion, proving to be RSM’s strongest performing service line overall.
E.J. Nedder, CEO of RSM International, said: The combined revenues recorded by our organisation are testament to the value our member firms bring to a core part of the global economy, and middle-market businesses. Our global strategy is to further strengthen this position.
RSM Hungary – stable operations, expanding business lines
As a member of the RSM network, RSM Hungary continued to grow despite the hectic economic environment and closed the financial year with revenues exceeding HUF 6.1 billion.
RSM Hungary further increased its expertise and expanded in the areas of ESG, IT audit and digital tax solutions, in addition to its existing businesses - tax, accounting, payroll and HR, and legal services.
Revenue growth and acquisitions in Europe
RSM reached revenues of USD 1.9 billion in Europe in 2024, an 8% increase on the previous year. RSM's European affiliates completed seven acquisitions, further strengthening the company's footprint on the continent. RSM has also made significant investments in ESG consulting and auditing, IT security and technology-driven solutions in the European region.
Tax services: record 45% growth
RSM's European Tax Services business achieved revenues of USD 562 million, an increase of 45%. Several factors are driving this growth:
- New global transparency measures such as the introduction of DAC 6 and DAC 7.
- The increasing complexity of transfer pricing rules, requiring increased expert support.
- Increasing demand for compliance services from clients, especially medium-sized companies.
Audit services: 18% increase
RSM's audit services have also shown an 18% increase in revenues to USD 697 million.
Strategic investments and acquisitions across Europe
This year, RSM member companies completed seven acquisitions across Europe – in markets such as Austria, Denmark, Spain and France – further strengthening their market position in the region.
About RSM
RSM is the leading professional service provider for middle-market businesses. As the world's sixth-largest independent audit, tax advisory, and business consulting network, RSM operates in 120 countries with 900 offices and employs more than 65,000 professionals worldwide. RSM global revenue hits USD 10 billion. RSM operates as an integrated team, sharing knowledge, experience and resources, while working with a client-centric approach based on a deep understanding of the business. That's how it delivers on its mission: building trust in an ever-changing world, supporting its customers and employees
