Ngubane, RSM merger creates tech-based accounting firm

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Ngubane Johannesburg is to merge with RSM South Africa, and become a tech-based accounting firm. accounting AI digitalisation M&A

The combined company will be called RSM South Africa, and the merger will complete on 1 August.

Ngubane’s existing CEO designate, Noma Ashom, is to become the new CEO of RSM South Africa. Current RSM South Africa CEO Dieter Schulze will take on the role of regional CEO of the combined firm’s Cape Town team and will remain head of tax. “Our continuous pursuit of digital transformation stems from our understanding of the critical role technology plays in the future of assurance, tax and consulting services.”

“For local accounting firms which provide traditional compliance services, the introduction of new technologies often means a change in established workflows. This can encounter resistance from employees who are used to traditional methods, creating a challenge for firms to manage change effectively.”

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