RSM achieves a 25.8% increase in Latin America with a new strategy

The leading provider of assurance, tax, and consulting services for middle-market businesses has reported a 25.8% growth in Latin America. Despite political instability and social unrest in the region, RSM has managed to boost its revenues through increased demand for tax services, tax compliance planning, corporate risk strategies, and other measures.

One of the main sources of growth has been the interest in cryptocurrencies, which has led Latin American companies to understand and prepare for the widespread adoption of disruptive currencies. As a result, tax service revenues grew by 37% in 2022.

RSM has also seen increased demand for its consulting, auditing, and forensic accounting services in the region, reflecting greater transparency and awareness of business risk. RSM's consulting services grew by 16%, and its audit fees by 33%, while forensic accounting was boosted by 81% compared to 2021. Additionally, with countries like Costa Rica, Colombia, and Brazil implementing progressive environmental, social, and governance (ESG) strategies, RSM has experienced increased demand for ESG consulting services. This, coupled with rising concerns about cybersecurity and data privacy, has led to a 41% increase in RSM's risk advisory services. RSM has achieved significant growth in Latin America by adapting its services to changes in the region. This reflects its commitment to offering quality solutions to its clients to help them prepare for a sustainable future.

New RSM Strategy

With the Global 2030 strategy, RSM marks a new era in the audit, consulting, and advisory business. The strategy includes a multi-year transformation and growth program for a 100% increase in revenue by 2030. RSM is investing significantly in talent to further unite its firms under common global methodologies and structures that enhance service quality, promote responsible business practices, improve agility, and foster innovation. The strategy includes the use of digital delivery models, enhanced information generation, automation, big data, machine learning, and artificial intelligence to provide businesses with exceptional customer service, technology-driven expert human insight, and customized solutions. Discover how the RSM Global 2030 strategy is ushering in a new era in the audit, consulting, and advisory business.

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