Energy trends and issues

Experienced professionals focused on the unique challenges you face

Staying informed and adjusting to the cyclical nature of the energy industry as well as the global push to reduce the energy industry’s carbon footprint is critical to sustaining profitability. In an increasingly competitive global market, energy companies face challenges to manage margins and remain competitive.

At RSM, we leverage our in-depth energy industry experience to keep our energy clients abreast of the latest issues and help them tackle their financial, compliance and business challenges. We combine real-world experience with our proven methodologies to provide a robust range of industry-specific services across the energy value chain.

RSM professionals have a breadth of experience across energy sectors.

Oil and gas

Our team of energy professionals helps the decision-makers at upstream, midstream and downstream oil and gas companies and oil field service companies think ahead and prepare for the future as they expand domestically and abroad. We bring significant energy industry experience across the entire energy value chain. RSM’s energy professionals understand the challenges our oil and gas clients face—including trying to access capital and adjusting to the growing focus on environmental, social and governance issues. We help companies in this sector address accounting, tax and operational issues as well as the business and technical factors that drive the industry.

Renewable energy, power and utilities

RSM’s audit, tax and consulting professionals help organizations in the renewable energy, power and utilities industries improve their performance through even the most challenging business cycles. New technologies, declining wind and solar costs, renewable portfolio standards, and energy storage are among the many factors affecting the industry. Our specialists can help the companies in this sector navigate this rapidly evolving environment.

Metals and mining

RSM provides integrated solutions across our service lines of audit, tax and consulting for clients at all stages of the mining cycle, from exploration and mine development to extraction and reclamation. We understand that the mining industry is evolving, and is affected by fluctuating commodity price cycles, capital market gyrations, rising costs and government regulations. Our mining industry specialists are adaptive, think ahead of cyclical curves and respond quickly to changing needs. We take the time to understand your unique operations, strategic directions and objectives, and provide a long-term, objective view to assess your strategic opportunities.

Services for energy companies

From driving growth and managing risk to fostering innovation and meeting operational challenges, energy companies have plenty to address even when resources are stretched thin. Whatever your needs, RSM professionals have the experience, insights and relevant skills to help you solve your most complex challenges. Here are some of the services we provide:

  • External financial statement audits
  • Transaction activity carve-out audits
  • IFRS/GAAP conversions
  • Accounting policy adoption and complex accounting assistance
  • Prospectuses, take-over bids and offering memorandums
  • Transactional due diligence
  • Data and finance transformation including business process efficiency
  • Digital transformation
  • ServiceNow™ implementations and consulting (or, support?)
  • IT risk assessment and due diligence
  • Deal consulting and corporate finance
  • Cybersecurity
  • Environmental, social and governance process and reporting
  • Restructuring and recoveries services
  • Tax function co-sourcing and outsourcing
  • Transaction structure and planning
  • Cross-border investment and repatriation
  • Credits and incentives, including the Canadian Scientific Research and Experimental  Development (SRED) tax incentive program
  • Freehold royalty recovery
  • Federal and provincial income tax compliance
  • Tax transformation and automation
  • Extractive Sector Transparency Measures Act (ESTMA) compliance
  • Indirect tax and refund recoveries