introduction to accounting careers at mcgladrey & pullen: spring 2006
DESCRIPTION
Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006. Topics. Mid-Sized Accounting Firms/Careers Acquisition of American Express TBS by RSM McGladrey (10/1/05) Chicago. Global Resources. RSM International $2 billion in revenue 600 offices in 75 countries 19,000+ employees. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/1.jpg)
RSM McGladrey, Inc. and McGladrey & Pullen, LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs.
RSM McGladrey, Inc. and McGladrey & Pullen, LLP are member firms of RSM International -- an affiliation of separate and independent legal entities.
Introduction To Accounting Careers atMcGladrey & Pullen: Spring 2006
![Page 2: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/2.jpg)
• Mid-Sized Accounting Firms/Careers• Acquisition of American Express TBS by RSM
McGladrey (10/1/05)• Chicago
Topics
![Page 3: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/3.jpg)
Global Resources
• RSM International• $2 billion in revenue• 600 offices in 75 countries• 19,000+ employees
![Page 4: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/4.jpg)
Our Vision
To become the dominant provider of financially focused business services to mid-sized companies within the United States.
![Page 5: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/5.jpg)
Our Core Values
• Client Focused – We are passionate about helping our clients. Their success is a key measure of our success.
• Excellence – We take pride in doing our best in everything we do. We embrace change to learn and grow.
• Integrity – We are honest and ethical in everything we do.
• Respect – We treat each other with respect and dignity, recognizing that innovation springs from unique perspective.
• Teamwork – Collaboration and full participation by everyone makes us stronger and allows us to serve clients better.
![Page 6: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/6.jpg)
An Exciting Strategy
• To create the leading national accounting , tax, business services and consulting firm serving the middle market and the best place to work in public accounting.
![Page 7: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/7.jpg)
Client Contact
Because of our focus on middle market entrepreneurial companies, you'll have the opportunity to work with key decision makers and company owners at an early stage in your career.
![Page 8: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/8.jpg)
Clients
• Manufacturing• Real Estate• Construction• Wholesale Distribution• Health Care• Not-for-profit• Law Firms• Financial Services• Hedge Funds• High Net Worth Individuals
![Page 9: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/9.jpg)
Public Accounting Career Path
A ssoc ia teA ud it / T ax
S en io r A ssoc ia te
S upe rv isor
M anager
D irec tor
P a rtner
![Page 10: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/10.jpg)
1st Year Associate
• Expectations– Type of work– Exposure to client personnel– Travel (nature of clients)
• Technology– Audit & Tax software– Success through people, process and tools
• National resources with “family” feel
![Page 11: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/11.jpg)
First Few Months
• Training
• Orientation
• Small Projects – on the job training
• Experienced staff help you adjust
![Page 12: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/12.jpg)
TrainingWe are committed to continuous learning and professional growth through ongoing professional education.
• We offer one-on-one and group training locally to help employees attain their career goals
• We have an extensive national training program in place for you to succeed at all levels during your career advancement
• You will always meet your continued professional education (CPE) requirements and more!
![Page 13: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/13.jpg)
Accounting Careers
• Competencies– Strong problem-solving, analytical and research skills– Interpersonal skills to lead and motivate– Strong communication skills– Commitment to continuous learning– High ethical standards– Desire to serve clients and market skills– Strong project management skills– Eagerness to develop broad business skills
![Page 14: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/14.jpg)
Why merge?
Strategic• Positions us as the leading provider of tax,
accounting and business services to mid-sized organizations
• Pass the $1 billion threshold – join the ranks of top 5 U.S. accounting firms
• Create significant critical mass in key U.S. markets• The combined company will have more than 7,000
professionals in the U.S.• Enhances competitive positioning – broader and
deeper depth of services• Acquire a client base into which to sell complete
services portfolio
![Page 15: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/15.jpg)
Why merge?
Tactical• Very close client demographic alignment
between the two organizations• Complimentary vertical and functional
expertise• Employee retention and recruitment tool• Positive internal motivator
![Page 16: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/16.jpg)
Deloitte & Touche USA 28.4%
PricewaterhouseCoopers 12.6%
Combined RSM / TBS 12.3%
Ernst & Young 12.2%
KPMG 9.7%
Crowe Chizek 4.8%
Grant Thornton 3.0%
BDO Seidman 1.8%
Blackman Kallick Bartelstein LLP 1.8%
FGMK, LLC 1.5%
Chicago (est. market $2.8 b)
Source: Crain's Chicago Business
![Page 17: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/17.jpg)
![Page 18: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/18.jpg)
McGladrey & Pullen, LLP and RSM McGladrey, Inc.
• Two distinct companies
• McGladrey & Pullen, LLP – attest function
• RSM McGladrey, Inc. – tax and consulting
• Attest work is done through either McGladrey & Pullen or AM&G
![Page 19: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/19.jpg)
![Page 20: Introduction To Accounting Careers at McGladrey & Pullen: Spring 2006](https://reader036.vdocument.in/reader036/viewer/2022062423/56814dd0550346895dbb2c0d/html5/thumbnails/20.jpg)
Top Reasons to Consider Chicago• Lake Michigan• Terrific Restaurants• Sports (Cubs, Sox, Bulls, Bears, Hawks, Wolves, Fire)
• World-Class Theatre• Music & Entertainment• Amazing Museums• Great Public Transportation• Two Major Airports• Top-Notch Shopping• Lots of IU alumni