Tag Archives: finance

Jerry Grady, Partner, UHY LLP To Speak at the annual Executive Forum North America

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DETROIT, Mich. — UHY LLP is proud to announce that Jerry Grady, Partner, will be a featured speaker at the 2020 Executive Forum North America: Strategies for a New World, taking place this March.

Hosted by Staffing Industry Analysts (SIA), the annual Executive Forum conference is the premier annual staffing event, offering a powerful lineup of top executives, world-renowned keynote speakers, state of the art industry suppliers, hard-hitting insights backed by industry data and real-time analyses for leaders looking to accelerate their growth and stay competitive in the global talent marketplace.

Jerry will address Cash Management Strategies on March 11, 2020 at 11:45 am

Jerry Grady has acquired a wealth of knowledge throughout his nearly 35 years in public accounting. He is the leader of the National Staffing Practice and sits on the board of a number of regional staffing industry associations. Grady is a regular speaker and webinar host for many regional staffing organizations. He spoke on Mergers and Acquisitions for the Staffing Industry Analysts in 2016.

“I am looking forward to be a part of an impressive line up of speakers and sessions at Executive Forum. Speaking at the Forum allows UHY LLP to be able to share thoughts and insights to leaders from across the industry. It is an honor to speak at this event and be a thought leader for the industry” said Jerry Grady, national staffing practice leader, UHY LLP.

“With the best of the best from across the industry, and leaders from organizations of all sizes exchanging viewpoints and insights, we have an incredibly robust and diverse line up of speakers and sessions on the agenda for Executive Forum North America,” said Barry Asin, SIA President. “We are entering a new decade in which the status quo no longer applies, and there has never been a more urgent moment to reset strategic and tactical priorities. I am especially excited to welcome attendees to our flagship event and largest annual conference, and for the conversations as we re-envision a new world for a new decade.”

Executive Forum North America 2020: Strategies for a New World will be held March 9th-12th at the Fontainebleau Hotel in Miami Beach, FL.

​For more information and registration, visit http://www.siexecutiveforum.com|@ExecForum.va

UHY Advisors Names Michael Antovski as Chief Operating Officer

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DETROIT, Mich., — UHY Advisors (“UHY”), one of the nation’s leading professional services firms has hired Michael Antovski as its Chief Operating Officer. Antovski will be responsible for the oversight of the firm’s national shared services including finance, information technology, marketing, corporate compliance and human resources. He will be active in all facets of the firm’s acquisition initiatives, and will be instrumental in executing the strategic vision of the Board of Directors.

Antovski comes to UHY with over twenty years working with professional services firms, including a Wall Street law firm, a multi-national accounting firm, and a number of middle-market focused law firms. Antovski has served as the lead tax partner on many mergers and acquisitions, and has led corporate restructuring initiatives. He has extensive experience working with entrepreneurs, private equity firms and financial services organizations which has helped him develop practical operational experience.

“Michael’s depth of knowledge and hands on experience compliments our strong performance-oriented culture. He will fill a key role on our national leadership team as we witness an unprecedented amount of professional services firms desiring to merge up.” said Steve McCarty, CEO of UHY Advisors.

Antovski will reside in the firm’s corporate headquarters in Farmington Hills, Michigan. He graduated from Michigan State University with a B.A in Accounting, and a J.D. from University of Detroit Mercy School of Law, and earned his LL.M in Taxation from Georgetown University Law Center.

UHY Strengthens Presence in the Middle East: New Member Firm in Kuwait Joins UHY Network

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UHY Strengthens Presence in the Middle East: New Member Firm in Kuwait Joins UHY Network

Sterling Heights, Mich February 13, 2020 —We welcome Pillars Advisory, our new member firm in Kuwait, to the global accountancy network UHY, strengthening our representation in the Middle East. The firm has adopted the UHY branding and will be known as UHY Pillars with UHY Pillars Advisory as the full member firm and UHY Pillars Audit as its affiliate.

Pillars Advisory has both local and international clients across many sectors in over 20 countries with the top five sectors being real estate, non-profit, retail, services and contracting. The firm initially offered consultancy and accountancy reviews services but now also offers assurance services.

Managing partner Wael Arafa comments “Being part of the UHY global network underpins our commitment to deliver quality services and enhances the services and advice we can offer our clients. The global presence of the network combined with the expertise and knowledge shared among UHY’s 8,200 colleagues around the world strengthens our own market position, locally and internationally and will be of great value to our current and potential clients and their operations.”

Dennis Petri, chairman of UHY comments: “We are delighted to welcome Pillars Advisory and its affiliate firm Pillars Audit to the UHY network. The addition to our network of the two firms extends our coverage and capabilities in the Middle East. Kuwait has huge reserves of natural resources, a strategic location in the Persian Gulf and is part of the implementation of Gulf Gateway projects.”

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About UHY LLP
UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are US members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP and/or UHY Advisors (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members

About UHY
Established in 1986 and based in London, UK, UHY is a leading network of independent audit, accounting, tax and consulting firms with offices in over 300 major business centres across 100 countries. Our staff members, over 8,200 strong, are proud to be part of the 16th largest international accounting and consultancy network. Each member of UHY is a legally separate and independent firm. For further information on UHY please go to www.uhy.com.

UHY is a member of the Forum of Firms, an association of international networks of accounting firms. For additional information on the Forum of Firms, visit www.forumoffirms.org

UHY liaison office for Pillars Advisory
Contact Wael Arafa, Managing Partner on 965 966 26 663 wael@pillarsadvisory.com
W:: www.pillarsadvisory.com

UHY global press contact: Leigh Lyons, marketing & business development manager, on +44 20 7767 2624 l.lyons@uhy.com – www.uhy.com

UHY Advisors Appoints Three New Managing Directors, Two from Michigan Practice

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DETROIT— February 5, 2020 – UHY Advisors, Inc. (“UHY Advisors”), one of the nation’s leading professional services firms, announced the appointment of three new managing directors: John Bautista, Alex Conti and Kathy Crockett. Conti and Crockett are both based in Michigan.

Additionally, UHY Advisors Michigan, Inc. promoted 64 other employees, including three principals: Ali Baydoun, Andrew Gilbert and Matt Okkerse.

The firm’s Michigan practice is the fifth largest accounting firm in southeast Michigan with over 400 employees and is rapidly growing. Most recently the firm has acquired Stewart, Beauvais & Whipple in Port Huron, making it their fifth location in Michigan.

Alex Conti is a managing director of UHY Corporate Finance. He leads a team of professionals dedicated to executing transactions at all levels; including due diligence, restructuring and capital sourcing. He works closely with business owners to value companies and negotiate deals that are mutually beneficial between both parties and create new opportunities. Conti received his B.B.A. in Finance, Investments and Banking from University of Wisconsin-Madison and is a FINRA licensed representative.

Kathy Crockett is a managing director of UHY Advisors MI, Inc. She is a leader of the tax practice specializing in tax compliance, business forecasts, and tax strategies. Crockett has built her practice in multiple areas such as manufacturing, high net worth and medical industries. She is actively involved in the Women Investing in Success and Excellence Group (WISE) for the Great Lakes region. She received her B.B.A and M.S. in Professional Accountancy from Walsh College, and is a licensed CPA in the state of Michigan.
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About UHY Advisors
UHY Advisors provides tax and advisory services to entrepreneurial and other organizations, principally those enterprises in the dynamic middle market. UHY LLP, a licensed CPA firm, provides audit and other attest services to publicly traded, privately owned and nonprofit organizations in a number of industry sectors. UHY Advisors, operating in an alternative practice structure with UHY LLP, forms one of the largest professional services firms in the US. While that scale might provide confidence for some clients, others tell us our greatest value is the way we bring these resources to bear to help address today’s evolving business challenges. It’s a philosophy we call “The Next Level of Service”. To learn more visit www.uhy-us.com.

All of the above entities are members of Urbach Hacker Young International Limited (“UHYI”), a worldwide network of independent professional services firms that provide audit, tax and advisory services around the globe. UHYI is ranked among the top international accountancy networks and a proud member in good standing of the Forum of Firms. Collectively, the US operating entities (UHY Advisors and UHY LLP) are the largest independent members of UHYI with significant participation, bringing the power of the international network to serve the individualized needs of US clients.

UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY Advisors, Inc. and UHY LLP are US members of UHYI, a UK company, and form part of the international UHYI network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHYI international network. Any services described herein are provided by UHY Advisors, Inc. and/or UHY LLP (as the case may be) and not by UHYI or any other member firm of UHYI. Neither UHYI nor any member of UHYI has any liability for services provided by other members.

UHY LLP CPAs expands into Port Huron; merges with Stewart, Beauvais & Whipple

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Port Huron, Mich. January 23, 2020 – UHY LLP, certified public accountants, with over 400 employees in Macomb, Oakland, Washtenaw and Wayne counties, has merged with Stewart, Beauvais & Whipple, of Port Huron. This is the firm’s fifth office in Michigan and entrance into St. Clair County, and positions them as a leader in nonprofit, municipal and government auditing.

“Reaching up into the thumb allows us to better serve our existing client base in the Bluewater area,” said Tom Callan CEO of the UHY Great Lakes Region. “The addition of SBW deepens our resources in various practice areas, and will present new opportunities for our staff and our firm.”

Harold Burns and Dan Markey, partners of UHY LLP and members of the firm’s executive committee, have been heavily involved in St. Clair County for decades. This includes serving on boards of SC4 Foundation, Community Foundation of St. Clair, St. Clair County RESA, Memphis Community Schools, and the Economic Development Alliance of St. Clair County.

“We are very excited about the opportunities that this merger brings to both firms and all of our clients. Both firms have a great reputation in providing quality service and this will only improve by bringing together our talented professionals. With UHY wanting to have an office in Port Huron, it is a testament to the economic growth happening in St. Clair County and UHY will only help sustain this growth”, said Mike Turnbull, (former principal of SBW) managing director of the Port Huron office.

SBW employees were memorably welcomed into the UHY family during their annual busy season kickoff celebration at Royal Oak Music Theatre over the weekend.

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About UHY Advisors
UHY Advisors provides tax and advisory services to entrepreneurial and other organizations, principally those enterprises in the dynamic middle market. UHY LLP, a licensed CPA firm, provides audit and other attest services to publicly traded, privately owned and nonprofit organizations in a number of industry sectors. UHY Advisors, operating in an alternative practice structure with UHY LLP, forms one of the largest professional services firms in the US. While that scale might provide confidence for some clients, others tell us our greatest value is the way we bring these resources to bear to help address today’s evolving business challenges. It’s a philosophy we call “The Next Level of Service”. To learn more visit www.uhy-us.com.

All of the above entities are members of Urbach Hacker Young International Limited (“UHYI”), a worldwide network of independent professional services firms that provide audit, tax and advisory services around the globe. UHYI is ranked among the top international accountancy networks and a proud member in good standing of the Forum of Firms. Collectively, the US operating entities (UHY Advisors and UHY LLP) are the largest independent members of UHYI with significant participation, bringing the power of the international network to serve the individualized needs of US clients.

UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY Advisors, Inc. and UHY LLP are US members of UHYI, a UK company, and form part of the international UHYI network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHYI international network. Any services described herein are provided by UHY Advisors, Inc. and/or UHY LLP (as the case may be) and not by UHYI or any other member firm of UHYI. Neither UHYI nor any member of UHYI has any liability for services provided by other members.

Student Team Wins $2,000 In First-Ever UHY + Mike Ilitch School Of Business Tax Competition Or “Taxitition”

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DETROIT, Mich. (November 20, 2019) – There are some things money simply can’t buy, and experience is one of them. Three students from Wayne State University’s Mike Ilitch School of Business received both – invaluable experience and money – after taking first place in the school’s first-ever “Taxitition” tax case competition.

This year’s winning team of finance and accounting students, aka the “Write-off Warriors,” David Borg, Brian Boeskool and Golam Tanzim, took home the top prize of $2,000.

In partnership with UHY, a leading national CPA firm with offices in Wayne, Oakland, Washtenaw and Macomb counties, the Ilitch School hosted the three-day case study competition Nov. 14-16. The goal was to help students learn why understanding taxes is so important in the corporate world.

“There is a huge unmet demand in the job market for tax accountants. This competition gave our students the opportunity to simulate real-world conditions in a friendly, competitive environment,” said Matthew Roling, Wayne State’s accounting department chair. “The teams had to be focused, creative and think on their feet. UHY’s investment in this program shows how much they care about our students’ success.”

The competition was broken into three parts. On day one, students gathered to hear about the case study and begin working on their presentations. On day two, they met with UHY mentors to review their progress with seasoned tax professionals and refine their answers. On the competition’s third and final day, the teams presented their solutions to a panel of judges comprised of UHY professionals and Ilitch School faculty. Each team had 20 minutes to present and a 10-minute Q&A session.

“We were impressed by all of the participants; their thought process and analytic skills exceeded our expectations. The winning team edged out their competitors by combining a strong advisory approach with a polished presentation,” said Tom Callan, CEO of UHY’s Great Lakes Region.

This year’s winning team earned a $2,000 cash prize as well as lunch with Callan at the Detroit Athletic Club. The second-place team earned $100 for each member.

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About WSU’s Mike Ilitch School of Business
The Wayne State University Mike Ilitch School of Business prepares students for challenging and rewarding careers, advances the boundaries of scholarly and practitioner knowledge, and enhances the economic vitality of the city of Detroit, the state of Michigan and beyond through its programs, research and community engagement. Established in 1946, the business school was renamed in 2015 in recognition of the $40 million gift from Mike and Marian Ilitch. Thanks to this lead investment, the school moved to a new state-of-the-art building in the heart of The District Detroit in 2018, and academic programming and collaboration with city businesses are expanding. For more information, visit ilitchbusiness.wayne.edu.

About UHY LLP
UHY LLP, a licensed CPA firm, provides audit and other attest services to publicly traded, privately owned and nonprofit organizations in a number of industry sectors. UHY Advisors provides tax and advisory services to entrepreneurial and other organizations, principally those enterprises in the dynamic middle market. UHY LLP, operating in an alternative practice structure with UHY Advisors, forms one of the largest professional services firms in the US. While that scale might provide confidence for some clients, others tell us our greatest value is the way we bring these resources to bear to help address today’s evolving business challenges. It’s a philosophy we call “The Next Level of Service”. To learn more visit www.uhy-us.com.

Parkshore Capital LLC – Competitive Financial Solutions for Business Development

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Small businesses are the backbone of the local, regional and national economy.  No place is this more evident than in Michigan.

Yet many small businesses are essentially “financial orphans” who don’t fit the lending standards of local banks or investment criteria of private equity or venture capital firms.

Parkshore Capital helps small businesses seeking capital to operate or expand.  Founded by Jamal Mosallam, Parkshore Capital works with its clients to tailor financing solutions that fit specific goals and needs.

Parkshore Capital can customize financing options fit for small, medium, and large sized businesses with a broad portfolio of financial products to provide strong working capital solutions, with attractive terms and rates.

Parkshore Capital offers access to a variety of lending products including:

  • Working Capital Solutions
  • Accounts Receivable Financing
  • Purchase Order Financing
  • Factoring
  • Unsecured Lines of Credit
  • Heavy Equipment Leasing & Financing
  • Asset Based Lending
  • Medical Financing
  • Bridge and Hard Money Loans
  • SBA Financing
  • Business Acquisition Financing
  • Hotel Financing
  • Franchise Financing
  • Commercial Real Estate Loans
  • Private Equity

For further information, please visit parkshorecapital.com, email:  info@parkshorecapital.com, or call: (248) 562-6424 or (313) 573-8728.

UHY Strengthens Presence in Europe: New Member Firm in Bosnia and Herzegovina Joins the UHY Network

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We welcome, Revident d.o.o., our new member firm in Bosnia and Herzegovina to the global accountancy network UHY, extending our coverage within Europe. The firm is in the process of adopting the UHY branding and will soon be known as UHY Revident d.o.o.

Established in 2006, the firm’s main office is based in Mostar with further offices in Grude and Sarajevo. The team brings wide-ranging experience in audit, advisory, corporate finance and tax services to a portfolio of domestic and international clients primarily represented in the art and entertainment, hospitality, manufacturing, mining and quarrying and retail sectors.

Senior partner, Božo Vukoja comments: “Being part of the UHY global network underpins our commitment to deliver quality services and enhances the services and advice we can offer our clients. The global presence of the network combined with the expertise and knowledge shared among UHY’s 8,200 colleagues around the world, not only strengthens our own capabilities, locally and internationally, but also these of our current and potential clients and their operations.”

Rick David, chairman of UHY comments: “We are delighted to welcome Revident d.o.o. to the UHY network. Bosnia and Herzegovina, is embarking on a new growth model and continues to embrace economic change including its impending membership to the European Union. Revident d.o.o.’s membership extends our footprint in Europe and strengthens UHY’s regional market expertise and capabilities to serve our international clients who have business interests in this country and the wider region.”

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About UHY LLP
UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are US members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP and/or UHY Advisors (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

UHY liaison office for Revident d.o.o
Contact: Matko Knezevic, +387 63 371 789, Email: matko.knezevic@revident.ba W: www.revident.ba

About UHY
Established in 1986 and based in London, UK, UHY is a leading network of independent audit, accounting, tax and consulting firms with offices in over 320 major business centres across 100 countries. Our staff members, over 8,200 strong, are proud to be part of the 16th largest international accounting and consultancy network. Each member of UHY is a legally separate and independent firm. For further information on UHY please go to www.uhy.com.

UHY is a member of the Forum of Firms, an association of international networks of accounting firms. For additional information on the Forum of Firms, visit www.forumoffirms.org

UHY press contact: Dominique Maeremans on +44 20 7767 2621 Email: d.maeremans@uhy.com.

Kane Polakoff Joins UHY Advisors to Launch Client Accounting Advisory Services

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Kane Polakoff has joined UHY Advisors as practice leader of the Client Accounting Advisory Services (CAAS) practice. The CAAS mission is to provide high-value solutions and exceptional customer service to clients by allowing client management additional time to run their enterprise. Within his role, he will work with existing and new clients to deliver customized programs to meet clients’ individual needs.

Over 22 years, Polakoff has had national and international executive roles in management consulting, business process outsourcing and business transformation. He has been responsible for successfully delivering end-to-end solutions to small, midsize, and Fortune 100 companies within different business sectors such as health care, retail, not-for-profit and manufacturing. He has a B.S. in Business Administration from the University of California at Riverside. He will sit within the firm’s Great Lakes region, but will serve all of the firm’s offices across the country.

“It is an exciting time to be on the leadership team of the CAAS practice as automation and innovations through enhanced technology stacks enable UHY to expand service to clients in these ever-changing competitive times.” Polakoff said.

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About UHY Advisors
UHY Advisors, Inc. (“UHY Advisors”) operates in an alternative practice structure with UHY LLP, a licensed CPA firm, collectively forming one of the top professional services firms in the country, providing comprehensive audit, attest, tax and business advisory services to a wide range of clients principally in the dynamic middle market. To learn more visit www.uhy-us.com. UHY LLP and UHY Advisors are US members of UHY International (“UHYI”), a network of independent accounting and consulting firms. UHYI is ranked among the top international accountancy networks and a full member of the Forum of Firms.

UHY Strengthens Presence in the Americas: New Member Firm in Paraguay Joins the UHY Network

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Sterling Heights, Mich. July 23, 2019 — We welcome, Consultoria Integral Del MERCOSUR (CIME), our new member firm in Paraguay, to the global accountancy network UHY, extending our coverage within the Americas region. The firm is in the process of adopting the UHY branding and will soon be known as UHY Consultoría Integral Del MERCOSUR (UHY CIME).

Consultoría Integral Del MERCOSUR (CIME), was established in 2000. With a team of 26 staff and two partners, the firm is based in Coronel Oviedo, with additional offices in the capital city of Asunción, as well as in the cities of Villarrica and Ciudad del Este. The team brings wide-ranging experience in audit, accounting, tax, insolvency and corporate recovery, corporate finance, management and IT consultancy to a portfolio of domestic and international clients.

Managing partner of Consultoría Integral Del MERCOSUR (CIME), Miguel Vera comments: “The UHY network’s collaboration, combined with the reputable UHY brand, will give our firm a competitive edge in Paraguay and the wider region. The global presence of the network combined with the expertise and knowledge of UHY’s 8,200 people around the world, not only strengthens our own capabilities, locally and internationally, but also these of our clients and their operations. We look forward to elevating our business through a successful cooperation with other firms operating within the UHY network.”

Rick David, chairman of UHY comments: “We are delighted to welcome Consultoría Integral Del MERCOSUR (CIME) to the UHY network. Paraguay has economic advantages of a young population, strong agricultural industry combined with vast hydroelectric power generation capabilities. Consultoria Integral Del MERCOSUR (CIME)’s membership extends our footprint in the Americas region and strengthens UHY’s regional market expertise and capabilities to serve our international clients who have a business presence in this country and the wider region.”

About UHY LLP

UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are US members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP and/or UHY Advisors (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

UHY liaison office for Consultoría Integral Del MERCOSUR (CIME)
Contact: Miguel Vera, on +595 521 202386, Email: cime@cime.com.py, W: www.cime.com.py

About UHY
Established in 1986 and based in London, UK, UHY is a leading network of independent audit, accounting, tax and consulting firms with offices in over 320 major business centres across 100 countries. Our staff members, over 8,200 strong, are proud to be part of the 16th largest international accounting and consultancy network. Each member of UHY is a legally separate and independent firm. For further information on UHY please go to www.uhy.com.

UHY is a member of the Forum of Firms, an association of international networks of accounting firms. For additional information on the Forum of Firms, visit www.forumoffirms.org

UHY press contact: Dominique Maeremans on +44 20 7767 2621 Email: d.maeremans@uhy.com.