UHY GLOBAL JANUARY 2023 UHY AT YOUR SERVICE


SERVING CLIENTS, TODAY AND TOMORROW


Our clients appreciate how UHY’s culture of working together can make a significant difference to seamless international engagements We deliver because our member firms know each other well, we meet and connect regularly, and we share current thinking, specialist skills, and industry knowledge across the world. We also share a common set of standards: not only the international quality standards demanded of our profession, but also the values by which every UHY member firm holds itself accountable to its clients, including integrity, innovation, and international thinking. To find out how UHY can assist your business, contact any of our member firms. You can visit us online at www.uhy.com to find contact details for all of our offices, or email us at info@uhy.com for further information. CORPORATE SERVICES Not all of services described in this publication are provided by every UHY member firm. The provision of some services may be restricted in some areas depending on local legislation. AUDIT & ASSURANCE, including: statutory audit, internal reviews, compilation and review of financial statements including compliance with International Financial Reporting Standards (IFRS), special purpose and international audits. BUSINESS ADVISORY & ACCOUNTING, including: accounting and bookkeeping, outsourcing, business plans and independent business reviews, business valuations, financial planning and control, reviewing management reporting systems, company formations and company secretarial services including appropriate commercial and tax-efficient structures for international expansion and cross-border ventures, trusts and foundations, pension funds, charitable and philanthropic structures, interim finance & management, payroll administration, employee benefits and business systems. CORPORATE FINANCE, including: strategic business advisory services, business valuations, due diligence, transactional services (acquisitions, mergers, disposals, MBOs, IPOs) across all industry sectors and geographies, restructuring, exit strategies and startups. CORPORATE GOVERNANCE & RISK MANAGEMENT, including: corporate governance, risk management and consulting including Sarbanes-Oxley compliance services. CORPORATE RECOVERY & INSOLVENCY, including: debt collection, corporate turnaround, asset protection or repossession, or implementing good management practices, refinancing, valuations, debt management, insolvency planning, personal liability protection. CORPORATE TAX, including: direct taxation and indirect taxation, international tax such as tax-efficient structures for international expansion and cross-border ventures, transnational group structuring, VAT returns and advice, tax consultancy and transfer pricing. FORENSIC ACCOUNTING & LITIGATION SUPPORT, including: litigation support, valuations, economic damages, fraud evaluations, criminal proceedings and money laundering issues. FUND SERVICES, including: fund establishment and administration. INTERNATIONALISATION, including: business contact introductions, local regulatory requirements and business etiquette, local business tax environment, business structuring and compliance, personal taxation, recruitment and labour law consultancy, transfer pricing, customs and other fiscal areas. LEGAL, including: tax law, labour law, etc. MANAGEMENT CONSULTING & SOLUTIONS, including: internationalisation of businesses, human resources and recruitment services, information technology and software solutions. To find out more about UHY's corporate services, email the UHY executive office, info@uhy.com, or visit www.uhy.com. PRIVATE CLIENT SERVICES Personal tax planning and wealth management are increasingly complex areas where expert advice can deliver significant long-term benefits for you and your family. Our focus on open and trusting relationships means many individuals, owner-managers, directors and senior executives rely on UHY member firms to help protect their personal wealth and plan their financial future. Specialist teams across the UHY network provide personalised advice covering all aspects of personal tax, wealth management and estate planning. Key services include: wealth management for individuals and families income tax and capital gains tax planning international tax planning for expatriates and migrants non-domicile status trust services and management inheritance planning. To find out more about UHY's private client services, email the UHY executive office, info@uhy.com, or visit www.uhy.com. SERVICES TO MEET NEW CHALLENGES UHY member firms stay closely aligned to the needs of their clients, so when new services to meet new business challenges or opportunities are required, the necessary expertise will be at hand - either directly from the local UHY member firm, or through centres of excellence around the UHY network. Knowledge transfer and working together are what make UHY the network for doing business. Not every member firm will offer every new service, but they will have UHY colleagues who can provide the expertise that their clients need. ESG Environmental, Social and Governance (ESG) is fast becoming a parameter by which the sustainability and longer term success of businesses may be reviewed. Reporting the company's environmental impact data, its corporate social responsibility, diversity and inclusion policies, and the way in which it is governed, are measures of interest to investors, consumers and markets. Increasingly, the accountancy profession is engaged with both regulators and clients, to help develop common and meaningful ESG reporting standards. You can read more about ESG in our article The Colour of Money is Green which appeared in a previous issue of UHY Global; and in our website blog Accountants and ESG. CYBERSECURITY The failure of corporate cybersecurity ranks among the top global risks, as hackers and technologies have become more sophisticated. Phishing, ransomware and business email compromise are increasingly prevalent threats to companies large and small. IT audits of system controls for protective and detective measures can help businesses to mitigate many of the risks. You can read about the kind of services available from UHY experts around the network, in our service feature Cyber-punks in issue 12 of UHY Global. GLOBAL MOBILITY As well as having tax and accounting specialists in over 100 countries, providing essential local expertise to international businesses, UHY member firms can also provide specific answers to your global mobility questions on expatriate taxation, payroll, social security, labour law, disclosure and filing. UHY colleagues are used to working together across borders to support international clients. In times of change and crisis, it makes sense to consult the experts. You can read more about the challenges of workforce mobility in our article Global Immobility which appeared in issue 12 of UHY Global. CLOUD ACCOUNTING During the pandemic, many businesses have been accelerating their adoption of new technology, and most prominent among the applications, processes and platforms has been cloud accounting. UHY member firms around the world are working with clients to develop new ways of engaging that will get the job done without physical meetings or on-site working. Like many contemporaries, UHY member firms have been building online accounting and auditing capacity and expertise for years, to ensure client work is delivered in the most efficient and cost-effective way possible. OUR COMMITMENT TO QUALITY UHY’s membership of the Forum of Firms,* our commitment to International Financial Reporting Standards (IFRS), and compliance with ethical obligations set out by the International Federation of Accountants in its global standard, Code of Ethics for Professional Accountants, means our clients have access to the same quality of professional services as larger multinational players. We not only have the global spread logistically but also the attest compliance infrastructure to deliver a transnational service that any client of any size can depend on. We set quality goals and expectations for our independent member firms to meet, in areas such as client service efficiency and relationship management, professional work standards, depth and breadth of products, services and geographical coverage. * The Forum of Firms is an association of international networks of accounting firms. The Forum’s goal is to promote consistent and high quality standards of cross-border financial reporting and auditing practices worldwide. To find out more about how UHY member firms work together and help clients reach their goals, why not watch our network video, UHY – The Network for Doing Business. The video runs for a little over two minutes and provides a concise summary of UHY’s international heritage and scope, how UHY member firms are different, and how they work across borders to provide truly international service levels to multinational clients. You can also access themed sections of the video via the links below: UHY – Working together internationally UHY – What makes UHY member firms different? UHY – International scope

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