RSM expands footprint into the Philippines with RT&Co.

06 January 2016 2 min. read

RSM has boosted its footprint in the Asia Pacific region with the addition of a member firm in the Philippines. Audit firm RT&Co. adds 600 staff to the global accounting and consulting network, which now consists of more 37,400 staff in 120 countries worldwide.

RSM International is the world’s 7th largest accountancy and consulting network of independent accounting and advisory firms. The network comprises of more than 37,400 staff in 120 countries that help privately held businesses and public interest entities with a range of business advisory and financial services. Member firms include the former Baker Tilly UK and McGladrey (US) organisations that, as all other member firms, rebranded to RSM in October 2015.

Founded in 2010, Reyes Tacandong & Co. (RT&Co.) is a Filipino audit firm that specialises in due diligence, tax, advisory and audit services. In its five years of operation, RT&Co. has grown from 20 professionals to more than 600 employees and 21 partners and is the country’s sixth largest firm that audits the top 1000 corporations. RT&Co. is headquartered in Makati, the financial centre of the Philippines, and has three additional locations in Cebu, Davao and Iloilo.

RSM expands footprint with RTCo

The addition of RT&Co. offers RSM close proximity to major Asian capitals, as well as strategic air and sea access to over 500 million people in the ASEAN (Association of South East Asian Nations) market. “The admission of this quality firm in the Philippines is in line with our overall global client strategy of developing strong and trusted cross-border, regional and global client services,” explains Jean Stephens, CEO of RSM International. “In this exciting part of the Asia Pacific region, our clients are now enabled further access to new and diverse business opportunities through our representation in this strategically important country.”

Commenting on his firm joining RSM, Chairman of RT&Co. Roman Felipe Reyes says: “Since we formed in 2010, we have built a strong client base and had solid revenue growth. Now is the perfect time for us to join one of the world’s leading networks. Our clients and prospects will benefit from the strength and reach of the RSM network, and in turn, we look forward to supporting our new colleagues within RSM who have clients in the country or who are looking for opportunities.”