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 at McGladrey & Pullen: Fall 2004

McGladrey & Pullen, LLP and RSM McGladrey, Inc.

• Two distinct companies

• Unique in public accounting / consulting

• McGladrey & Pullen, LLP – attest function

• RSM McGladrey, Inc. – tax and consulting

• CPA track employees are part of McGladrey & Pullen

Our Vision

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

Our History

• 1926 founded in Cedar Rapids by Ira B. McGladrey

• 1978 merged with Broker Hendrickson in Minneapolis

• 1984 merged with A.M. Pullen Co. in North Carolina

• 1987 named changed to McGladrey & Pullen

A New Twist in Our History

• In August 1999, M&P sold its non-attest assets to H&R Block• RSM McGladrey, Inc. created to house non-attest services, such as tax, business services and consulting• M&P maintained as partnership separate from Block and RSM McGladrey• M&P and RSM McGladrey form alternative practice structure

An Exciting New 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.

• H&R Block provides capital for roll-up of middle market service firms

• RSM McGladrey provides infrastructure and expertise

How We Are Reaching Our Goal

• Acquisitions• New services• Addition of a national professional sales force• Focus on middle market• Branding

Who We Are Today

Working together, M&P and RSM McGladrey….• One of the largest professional services firm in the United

States• Have 92 offices in 23 states nationwide• Share more than 4,000 staff• 2004 services of $722 million

Global Resources

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

RSM McGladrey Network – A Partnership of Sharing

• More than 70 Member Firms• 39 states and Puerto Rico• Non-compete agreements in place• Sharing of resources and business referrals• Manuals• Training• Consulting

Clients

• Manufacturing• Real Estate / Construction• Wholesale Distribution• Health Care• Financial Institutions / Insurance• High Wealth Individuals

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.

People Philosophy – Our 3 C’s

• Commitment, Our promise to our people

• Competence, Our commitment to excellence

• Character, The center that sustains us

Managing from the Heart

• HHear and understand me• EEven if you disagree, please don’t make me wrong• AAcknowledge the greatness within me• RRemember to look for my loving intentions• TTell me the truth with compassion

1st Year Staff

• 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 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!

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 you would not come in contact with when working at other firms.

Technology – General Services (Audit)

• Computerized general ledger software used in conjunction with client system– Linking of financial reports

• IDEA software for sampling and data extraction• Paperless audit technology• Other financial software, e.g., Tvalue• Lotus Notes

Technology – Tax Services

• On-line access to tax research• Bridge capabilities from audit general ledger software to tax

return software• Consolidated and multi-state returns• Fixed asset software• Lotus Notes

Success Through People – Keys to Growth

• We will provide you with the tools necessary for you to create targeted goals and objectives. This is done through five Success Factors:– Client Service Excellence– People Relationships– Business Growth– One-Firm Focus– Expertise

Internship Program

• Our interns are treated as 1st year Associates.– Audit interns typically work through all phases of the audit from

planning and conducting the engagement to delivering the final audit. You may also gain valuable exposure to functions such as tax and consulting services.

– Tax interns typically work through all phases of the preparation of business and individual tax returns, including assistance with tax consulting and research projects. You may also gain valuable exposure to the audit process and its relationship to the tax returns.

Questions?