PracticeAccounting FirmsRSM strengthens African representation

RSM strengthens African representation

RSM admits fifth-largest firm in Nigeria into its network

RSM strengthens African representation

RSM INTERNATIONAL, the seventh-largest global network of independent audit, tax and advisory firms, has strengthened its presence in Africa with the admittance of SIAO Partners, Nigeria’s fifth-largest accounting firm by revenue, to the network.

SIAO is headquartered in Lagos and has offices in the Federal Capital Territory, Abuja and Ekiti State. Their average annual fee income is currently $3.2m (£2.1m).

The firm currently has five partners and over 100 staff, and is looking to increase its headcount and expand its outreach in Nigeria. The main sectors served by the firm are the government, power, manufacturing, financial services and oil and gas.

Jean Stephens, CEO of RSM said: “I am delighted to welcome SIAO to RSM and am very encouraged about the development of our network in Africa, where we already have strong member firms in Botswana, Kenya, Mauritania, South Africa and Tanzania as well as our North African member firms.

“SIAO offers a broad service capability through its established local and international relationships, and operates across a number of sectors, offering the depth and breadth of service we look for in a member firm.”

The RSM International network has seen significant expansion in the past twelve months with the admission of member firms in Bangladesh, Croatia, Finland, Honduras, Iraq, Latvia, Nicaragua, Palestine, Serbia, Sweden, Switzerland and Vietnam.

However, its UK firm RSM Tenon was bought by Baker Tilly in August through a pre-pack administration. 

Related Articles

Wilkins Kennedy joins Allinial Global but reaffirms IAPA relationship

Accounting Firms Wilkins Kennedy joins Allinial Global but reaffirms IAPA relationship

1y Stephanie Wix, Writer
Accountancy network PKF UK and Ireland posts 53% increase in fees

Accounting Firms Accountancy network PKF UK and Ireland posts 53% increase in fees

1y Richard Crump, Writer
The Top 40 Networks & Associations 2016: Grunberg & Co boss Robert Bean on joining Reanda International

Accounting Firms The Top 40 Networks & Associations 2016: Grunberg & Co boss Robert Bean on joining Reanda International

1y Press Release REVBN2J issued on 21/3/00
Best Practice: Wilson Wright’s Michael Lerner

Accounting Firms Best Practice: Wilson Wright’s Michael Lerner

1y Fraser Simpson, Reporter
CVR Global joins Geneva Group International

Accounting Firms CVR Global joins Geneva Group International

1y Chris Warmoll, Writer
The Top 40 Networks & Associations 2016: PKF Francis Clark on joining PKF International

Accounting Firms The Top 40 Networks & Associations 2016: PKF Francis Clark on joining PKF International

1y Fraser Simpson, Reporter
The Top 40 Networks & Associations 2016: Firms switching networks like a game of 'musical chairs'

Accounting Firms The Top 40 Networks & Associations 2016: Firms switching networks like a game of 'musical chairs'

1y Mike Robinson
Mid-tier moving away from audit work, network finds

Accounting Firms Mid-tier moving away from audit work, network finds

1y Richard Crump, Writer