RSM Tax LOB
RSM Audit LOB
RSM Wealth Management
RSM Local Office Trivia
100
The Central Region Tax LOB leader.
Who is Kristi Kennedy?
100
In accordance with the Department of Labor’s Rules and Regulations under ERISA, this type of entity may require an audit if more than 100 employees were eligible to receive benefits on the first day of the year.
What is an employee benefit plan?
100
Recently ranked No. 4 by Accounting Today on the publication’s tenth annual list of Top Billion Dollar Firms by Assets Under Management (AUM).
What is RSM US Wealth Management LLC??
100
The pet name for employees that leave and return to RSM.
What is a "boomerang"?
200
This IRS form number is used to file a client’s estate tax return.
What is a 706?
200
The Sarbanes-Oxley Act of 2002 requires an auditor of a public company to comply with these standards
What are PCAOB Standards?
200
These two services had been offered and serviced only by wealth advisors, but now are delivered in conjunction with specialists.
What are Retirement Plan Advisory Service and RSM Insurance Agency Service?
200
The year that RSM split from H&R Block.
What is 2011?
300
The name of the group of tax specialists that deal with high net worth individuals.
What is Private Client Services?
300
These are the two generally accepted accounting principles (GAAP) standard setting boards from which entities must determine which is appropriate to follow for their financial statement reporting.
What is FASB (Financial Accounting Standards Board) and GASB (Government Accounting Standards Board)?
300
This group of WM people set all investment policies for WM, including but not limited to establishing and monitoring the framework for recommended asset allocation strategies and selecting appropriate securities to add to our Approved List for recommendation to our clients.
What is the RSM US Wealth Management LLC (WM) Investment Council (IC)
300
The year that RSM moved into RSM Plaza.
What is 1982?
400
The tax group that is often misspelled TAXI.
What is ITAX?
400
The auditor’s objectives in this type of audit are to a. obtain sufficient appropriate audit evidence to form an opinion and report at the level specified in the governmental audit requirement on whether the entity complied in all material respects with the applicable compliance requirements; and b. identify audit and reporting requirements specified in the governmental audit requirement that are supplementary to GAAS and Government Auditing Standards, if any, and perform procedures to address those requirements.
What is a compliance audit?
400
Our discussion on the RSM investment philosophy should revolve around these items that we believe in (1-asset allocation, 2-costs, 3-tax efficiency, 4-risk, 5-investor behavior, and 6-time). This also includes being able to highlight our approach to capital market assumptions, portfolio construction and manager research and selection.
What are the drivers of return?
400
This Duluth partner was considered an early adopter of financial planning for individuals and promoter of our WM services.
Who is Terry Nelson?
500
With more than 10,000 taxing jurisdictions and transaction tax rates to consider, compliance represents a challenge for many businesses. This service assists clients with taxability matrices and tax controversies to help capture available exemptions.
What is State and Local tax (SALT)?
500
These three most common types of engagements are performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs) issued by the Accounting and Review Services Committee (ARSC) and codified into AR-C sections.
What is review, compilation, and an engagement to prepare financial statements?
500
With an estimated $344 billion in inheritances landing in their laps by 2040, this group will become the primary consumers of financial advisory and investment services.
What are Millennials?
500
This Minneapolis partner was considered to be one of the founders of our WM practice; he also has a sister-in-law as a client.
Who is Jay Zack?
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