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TRANSPARENCY REPORT |

delivered remotely, as well as performing going

concern reviews for a whole range of clients

whose futures were suddenly uncertain. Our

training team has had to be innovative and adapt

courses and their teaching to be effective in a

virtual world.

This year we invested in an Audit Quality

Department to work alongside our newly

appointed Head of Audit Quality, our technical and

training teams, our management and the national

Quality Assurance Department.

2020 saw the appointment of two new

Independent Non- Executives (INEs) to the audit

firm, Dame Teresa Graham DBE and Vijay Thakrar.

Teresa has long been a leading advocate for the

proportional regulation of SMEs and is chair and

adviser to a variety of businesses. She also chairs

our Public Interest Committee. Vijay carries out

Non-Executive Director roles for a number of

public and private companies. He sits on the Board

of RSM UK Holdings Limited which allows him to

have oversight of all RSM operations and ensure

that audit values and quality are being upheld

throughout the organisation.

It has been a challenging year that has tested

both personal and firm resilience. Despite this

we promoted record numbers of our people and

onboarded new talent and new clients. As the

UK economy seeks to 'build back better' we look

forward to continuing to play our part.

INTRODUCTION FROM THE HEAD OF AUDIT

Index

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