RSM partners Stransact to expand footprint in Nigeria

RSM International (RSM), the sixth-largest global network of independent audit, tax, and advisory firms, has appointed Stransact, an independent Nigerian firm of chartered accountants, as its new correspondent firm in Lagos.

This is to provide local expertise and experience to international clients of RSM, which has a footprint in Nigeria, the organisation said at a press conference held on Thursday in Lagos.

The partnership gives Stransact an opportunity to have access to better professionals, training, and use of brand while creating more employment opportunities.

Stransact, which caters to small and medium businesses, was selected due to its strict compliance with the law, transparency, and ability to connect with its clients, according to a statement.

“RSM’s decision to appoint Stransact as a correspondent firm is based on the confidence the leadership of RSM has in our ability to connect with clients, colleagues, and communities, a core tenet of RSM’s commitment to delivering the power of being understood,” Eben Joels, principal at Stransact, said.

Read also: Stransact joins RSM as correspondent firm in Nigeria

Stransact has operated as Stransact Audit and Stransact Partners since 2009 in Nigeria, providing a full range of professional services to clients.

According to the statement, Nigeria is an important country for global business, and it is only logical that a leading network like RSM has a presence in Nigeria.

Jean Stephen, CEO of RSM, expressed delight that RSM would be represented in Nigeria by Stransact.

“Businesses in Africa are developing rapidly and as demand for professional services in the region grows, it is imperative that we ensure RSM is represented by very high-quality local businesses,” she said.

Expressing satisfaction on the strategic alliance with Stransact, Clive Betty, regional leader, Africa operations in Nigeria, said: “We have a strong vision to be the strategic partner for growing businesses throughout Africa, especially West Africa.”

RSM has been in business for over 90 years with its network covering 127 countries and a combined total of 51,000 employees in 860 offices, according to the statement.