introduction to accounting careers at mcgladrey & pullen: spring 2006

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

• Mid-Sized Accounting Firms/Careers• Acquisition of American Express TBS by RSM

McGladrey (10/1/05)• Chicago

Topics

Global Resources

• RSM International• $2 billion in revenue• 600 offices in 75 countries• 19,000+ employees

Our Vision

To become the dominant provider of financially focused business services to mid-sized companies within the United States.

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.

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.

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.

Clients

• Manufacturing• Real Estate• Construction• Wholesale Distribution• Health Care• Not-for-profit• Law Firms• Financial Services• Hedge Funds• High Net Worth Individuals

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

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

First Few Months

• Training

• Orientation

• Small Projects – on the job training

• Experienced staff help you adjust

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!

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

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

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

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

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

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