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UHY GLOBAL JULY 2019 REMARKABLE PEOPLE


SERVING CLIENTS, SERVING COMMUNITIES


WISE WOMEN MEAN BUSINESS Like many success stories, it started with a conversation. Back in 2013, Sue Hites, business development director, and Susan Orr, audit partner, both at UHY LLP, St Louis, US, held a meeting to discuss ways of developing and advancing the careers of women in the firm. Those initial ideas grew and eventually coalesced into a movement for women at UHY but one that also spoke to women in the business community at large. “Initiatives for women succeed when there is buy-in from leadership,” says Sue. “Our office managing partner agreed there was value in providing workshops to develop the women in our firm.” This movement became known as WISE (Women Invested in Success and Excellence) – a community of women focused on leadership, advancement and career opportunities. “After hosting a few events, UHY LLP’s CEO, Tony Frabotta, heard about us and WISE became formally embedded in the whole of UHY-US,” says Sue. As well as internal initiatives promoting growth and retention and professional development, a third strand of WISE centres on corporate connections – hosting clients, prospects and referral sources. “We found these external events very successful,” says Susan. “Executives and business owners told us there wasn’t anything like WISE when they were coming up the ranks and they appreciate what we are providing – so much so that they often bring women from their team to our events.” WISE has hosted several external events through its Corporate Connections committee – formal ones with keynote speakers as well as social networking events. In May 2019 the very first WISE women’s conference was held in St Louis, with the theme Wiser, Better, Bolder. As well as the conference boasting some high profile guest speakers, Sue, Susan and Heather Lewis (senior marketing associate and co-chair of the WISE corporate connections committee) were determined that its legacy of providing valuable content would be remembered for years to come. “It was inspiring to see so many amazing women in one room who have made it a priority to invest in themselves to build their network and gain professional knowledge at the same time,” says Heather. “Our speakers delivered insights on how to build a brand and learn to stand out. The event wrapped up with a panel of female presidents who learned first-hand how they got to their position and what obstacles they had to overcome. We are thrilled with how well it went and the energy in the room was palpable.” For the WISE movement and community, this conference is just the beginning: plans for the future include a continued focus on empowering women and providing valuable tools to assist in their development and future successes. CLOUD TEAM A CLEAR WINNER The cloud accounting team at UHY Hacker Young in Manchester, UK, are walking on air after being named Young Professional Team of the Year at the Insider North West Young Professionals Awards 2019, sponsored by Insider Media. Judges praised the team, who beat off other shortlisted teams including Big Four representatives, as innovative and effective with figures showing excellent results. The awards celebrate individuals and teams under 35 who have made a difference over the past year with their dedication, expertise and dynamic approach. The Manchester team’s head of cloud accounting, Stuart Hurst says the award is a real endorsement of his team’s positive and dynamic approach in promoting cloud services as the future of accounting. “The team work incredibly hard to foster a confident and positive view of cloud accounting as the way forward and clients invest their trust in our advice. I am enormously proud of their professional capability and knowledge – the future is a bright one indeed.” Stuart talks about how cloud accounting is changing business in UHY Global Digital, issue 7, in our Serving Clients, Serving Communities story ‘Dawn of the cloud’. NEW CONNECTIONS UHY’s Polish member firm, UHY ECA Group, has been recognised as the second most active audit firm on Poland’s alternative exchange, NewConnect, in annual rankings compiled by national business and finance newspapers Parkiet and Rzeczpospolita. Launched in August 2007, NewConnect provides an alternative trading system for young, dynamic Polish companies with large growth potential. Although operated by the Warsaw Stock Exchange, it is an unregulated market with less stringent formal obligations and information requirements, thereby reducing the cost of capital for companies that need access to equity to enable them to innovate and grow. It is particularly aimed at companies that operate in innovative sectors, including IT, electronic media, telecommunications biotechnology and alternative energy. Authorised advisors give assurance for companies entering NewConnect and support them through their early years of trading – and it is in this role that UHY ECA Group is excelling. Alongside recognition of its activity in NewConnect, UHY ECA Group was also ranked among the top ten best audit firms in Poland, and best audit firms auditing companies listed on the Warsaw Stock Exchange. It was the third most active audit firm on the Warsaw Stock Exchange. “This is an achievement that we are very proud of,” says Aleksandra Pilecka, business development manager at UHY ECA Group in Zabrze. “The ranking indicates our strong market position in Poland, and proves that UHY ECA Group is a serious alternative to the largest international audit companies.” FUNDRAISERS BATTLE FOOD POVERTY UHY Hacker Young in the UK has completed a hugely successful year supporting FareShare – the UK’s largest charity fighting hunger and food waste – its national charity partners for 2018/19. FareShare redistribute surplus food to charities who turn it into meals – last year they processed enough food for 28.6 million meals. The charity redistribute food to frontline charities and community groups including homeless hostels, children’s breakfast clubs, lunch clubs for older people, refuges and community cafes. UHY Hacker Young fundraisers have taken part in sport sweepstakes, bike rides, bake sales, golf days, quizzes, raffles, and many more including several individual staff challenges. Zoë Paradine, UHY Hacker Young’s Marketing & BD Partner and National Executive Director, says: “FareShare is the UK’s biggest charity fighting hunger and food waste, and at UHY Hacker Young we are proud to support this wonderful cause. There are many hungry mouths to feed in the UK and FareShare is there to meet that need, with the additional benefit of cutting food waste at the same time. Every GBP 1 that is raised helps to provide four meals to vulnerable people across the UK, and through the efforts of fundraisers in our teams across the UK we are thrilled to have smashed our target and raised over GBP 10,000 (USD 13,000) – and the cash is still coming in. That’s thousands of meals provided and a lot of waste reduced.” UHY Hacker Young has announced its new charity partners for 2019/20 as Children with Cancer UK. For more on FareShare and its work, click here FIGHTING HUNGER AND FOOD WASTE Founded in 1994, FareShare has worked with the food industry for over 25 years, safely diverting surplus food to charitable organisations fighting food poverty in the UK. The charity is partnered with around 500 food companies in the UK, including major supermarket chains, and in 2016/17 rescued over almost 17,000 tonnes of food that would otherwise have gone to waste – food that is in date and good to eat, but was surplus due to overproduction, labelling errors or because it had a short shelf life. Through a distribution network with 21 regional hubs, FareShare distributes the food it rescues to a wide range of charities and community groups across the UK, including homeless hostels, children’s breakfast clubs, refuges, rehabilitation centres, lunch clubs for older people, community cafes and more. In doing so, they provide meals for disadvantaged and vulnerable people, and help to improve their lives. The value of FareShare’s work has been recognised through various awards. It was named as ‘Britain’s Most Admired Charity’ at the Third Sector magazine awards in 2010, and in 2017 was named ‘Charity of the Year’ at both the Third Sector awards and the Charity Times awards. In 2018, it was awarded ‘Best Corporate Social Responsibility Initiative’ at the 2018 World Food Innovation Awards for an initiative partnering local stores with surplus food directly with local charities and community organisations. But the charity’s true real value is evidenced by just how important its work is to the people it reaches and the charities it works with. FareShare estimates that they reach over 772,000 people every week who might otherwise go without food. According to research conducted by independent social research agency NatCen, published in 2016, one in five charities who partnered with FareShare said they would probably or definitely have to close without the food it provided, and almost 60% said they would have to reduce the amount of food they provided. Although focused on food poverty in the UK, FareShare is a member of the European Food Banks Federation (FEBA) and the Global FoodBanking Network. As such, it is part of a global movement working to alleviate hunger through rescuing and diverting surplus food to those who need it.


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