Forum of Firms & EGIAN

Forum of Firms

RSM International and its member firms are full members of the Forum of Firms. The Forum of Firms is an association of international networks of accounting firms that perform audits of financial statements that are or may be used across national borders. The Forum’s goal is to promote consistent and high quality standards of financial reporting and auditing practices worldwide.

• Maintain appropriate quality control standards in accordance with International Standards on Quality Control issued by the IAASB in addition to relevant national quality control standards and conduct, to the extent not prohibited by national regulation, regular globally coordinated internal quality assurance reviews.
• Have policies and methodologies for the conduct of transnational audits that are based, to the extent practicable, on ISAs.
• Have policies and methodologies which conform to the IFAC Code of Ethics for Professional Accountants and national codes of ethics.
• Agree to submit to the Secretary of the Forum an annual report, in a form approved by the Transnational Assurance Committee, indicating that it meets the membership obligations set forth above.

RSM acknowledges the importance of the Forum of Firms to ensure the industry constantly works to raise the standards of the international practice of auditing, setting standards of consistency for international businesses worldwide.

EGIAN

RSM International is a member of EGIAN, European Group of International Accounting Networks and Associations. EGIAN provides a forum for the members to develop common positions on specific technical and legislative issues and to debate these issues with key professional stakeholders and regulators such as The European Union, CESR (The Committee of European Securities Regulators), FEE (The Federation of European Accountants) and IFAC (The International Federation of Accountants).