1. 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 2005

2. 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

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

4. 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.

5. Revenue 1999 - $300 Million 2001 - $525 Million 2004 - $722 Million 2005 - $820 Million

6. 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

7. Global Resources RSM International $2 billion in revenue 600 offices in 75 countries 19,000+ employees

8. Clients Manufacturing Real Estate / Construction Wholesale Distribution Health Care & Not-for-profit Financial Services High Wealth Individuals

9. 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.

10. Public Accounting Career Path

11. 1 st 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

12. First Few Months Training Orientation Small Projects – on the job training Experienced staff help you adjust

13. Training We 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!

14. 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.

15. New Staff Responsibilities Setting up audit files Typical audit sections: Cash, A/P, PPE and A/R Fixed asset updates Assist other audit members whenever possible Tax returns – corporate, partnerships and individual

16. Public Accounting Careers- Positions and Responsibilities PositionAuditAccountingTax Associate/ Senior Associate Perform test of accounting records Assist in preparation of financial statements Assist in preparation of tax returns

17. Public Accounting Careers- Positions and Responsibilities PositionAuditAccountingTax 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

18. Public Accounting Careers- Positions and Responsibilities PositionAuditAccountingTax ManagerManage service process, perform technical reviews, interface with staff and partners. High level of responsibility Same as AuditTechnical review of tax return, research, planning and client interface

19. Public Accounting Careers - Positions and Responsibilities PositionAuditAccountingTax PartnerPlay golf

20. Public Accounting Careers- Positions and Responsibilities PositionAuditAccountingTax PartnerFinal technical review, client interface, develop practice Same as Audit

21. 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

22. 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

23. 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

24. Benefits Offered: 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

25. Questions?