A mid-tier firm will be looking to expand its advisory and consulting services on the east coast in 2018, with a high profile appointment soon to come.
'No longer just tax and accounting': mid-tier looks to expand, secure new hires
Speaking to Accountants Daily, RSM national chairman Jamie O’Rourke indicated that the firm would look to continue the growth of its consulting services on the capital cities on the east coast.
“We will continue to invest in the growth of our consulting services - we will be expanding our risk advisory services to Brisbane and growing our east coast fraud and forensic services division through the appointment of an experienced leader in that field in Sydney,” said Mr O’Rourke.
Mr O’Rourke’s comments follow RSM Brisbane managing partner Andrew Graham’s earlier plans to strengthen service offering to rural areas by creating ties between regional and metro offices.
“One of the things that RSM [focuses on] is establishing technical excellence hubs in capital cities and then looking at regional footprints,” Mr Graham said.
“Brisbane is a good example, the Brisbane office has been open for four years, and we've also opened an office in Toowoomba about two years.”
With cyber security an increasing concern and the looming Notifiable Data Breaches (NDB) scheme set to kick in on 22 February 2018, Mr O’Rourke says the firm will be looking to tap into this growing market space following a spike in demand in 2017.
“On the back of a 300 per cent increase in demand for cyber security services in 2017, we will continue to build out our corporate offering and leverage this new service to reach our SME clients as the risk of attack and business interruption becomes more of a reality for businesses of all sizes,” said Mr O’Rourke.
Additionally, RSM will also look to expand its SME digital service offering as it looks outside its traditional service lines.
“Our SME digital service offering, which launched in Sydney this year, will be expanded to five new locations to further enhance our national service offering. Increasingly our clients are seeking our support in non-traditional areas, including technology solutions that make it easier to do business,” said Mr O’Rourke.
“It is no longer just about tax and accounting – the software stack that drives business is crucial if you are to remain agile in an increasingly competitive market.”