Early July is usually when compensation discussions start for the denizens of RSM, fka McGladrey, fka McGladrey & Pullen, fka RSM McGladrey (a division of H&R Block).
Earlier this year, McGladrey announced that they would be dropping the "McGladrey" from their name and adding "RSM."
Have you heard? The accounting profession is in crisis.
The PCAOB released its inspection report for the accounting firm soon-to-be-formerly-known-as McGladrey yesterday and it's not the best but it's not the worst, either.
Some restless Mickey G's (soon-to-be RSM) employees have been tapping on our shoulders this week:
Stay out of it, golfer.
Yesterday, McGladrey announced they would become RSM. It was an inevitable move for a firm that has had a brand identity crisis over the years.
Here's a story of hedge fund of fund guys doing hedge fund of fund guy things -- onshore fund, offshore fund, master fund, an investment advisor, along with a couple other affiliated companies -- and not being very good at some of the finer details:
Just counting down the days 'til retirement...