Introduction To Accounting Careers at McGladrey & Pullen: Fall 2005

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 atMcGladrey & Pullen: Fall 2005

McGladrey & Pullen, LLP and RSM McGladrey, Inc.

• Two distinct companies

• 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.

An Exciting 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.

Who We Are Today

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

States• Have 93 offices in 23 states nationwide• Share more than 4,500 staff• 2004 services of $722 million• 2005 services of $820 million

Global Resources

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

Clients

• Manufacturing• Real Estate / Construction• Wholesale Distribution• Health Care & Not-for-profit• Financial Services• 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.

Public Accounting Career Path

A ssoc ia teA ud it / T ax

S en io r A ssoc ia te

Supe rv isor

M anager

D irector

P a rtner

1st Year Associate

• 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 at an early stage in your career.

Public Accounting Careers- Positions and Responsibilities

Position Audit Accounting Tax

Associate/Senior Associate

Perform test of accounting records

Assist in preparation of financial statements

Assist in preparation of tax returns

Public Accounting Careers- Positions and Responsibilities

Position Audit Accounting Tax

Senior Associate/Supervisor

Overall responsibility for completion of audit, train staff, interface with client and managers

Overall responsibility for completion of accounting services. Interface with client, manager and/or partner

Detail review of tax return and tax research and planning

Public Accounting Careers- Positions and Responsibilities

Position Audit Accounting Tax

Manager Manage service process, perform technical reviews, interface with staff and partners. High level of responsibility

Same as Audit Technical review of tax return, research, planning and client interface

Public Accounting Careers - Positions and Responsibilities

Position Audit Accounting Tax

Partner Play golf Play golf Play golf

Public Accounting Careers- Positions and Responsibilities

Position Audit Accounting Tax

Partner Final technical review, client interface, develop practice

Same as Audit Same as Audit

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

Accounting Careers

• Competencies– Strong problem-solving, analytical and research skills– Interpersonal skills to lead and motivate– Strong communication skills– Commitment to continuous learning– High ethical standards– Desire to serve clients and market skills– Strong project management skills– Eagerness to develop broad business skills

BenefitsOffered:• Medical• Dental• Vision• Long-term Disability• Life Insurance Supplemental• AD&D Insurance Supplemental• 401 (k)• Flexible Spending Accounts• 529 College Savings Plan

Firm Paid:• Life Insurance (1 x salary)• AD&D Insurance• Short-term Disability• Legal Service Plan• 401 (k) matching• 8 Holidays• Paid Time Off• Employee Assistance Program

Questions?