UHY GLOBAL JULY 2019 WORD OF WELCOME


WORD OF WELCOME


A very warm welcome to our latest online edition of UHY Global, our biannual magazine for business. UHY Global addresses a wide range of international topics, of interest to the clients we serve, and those we hope to serve in the future. Through these features and news pages, we aim to show what makes our network tick. Our A4 format print magazine is available to download from the menu bar, but you can access a lot more through this online version of UHY Global: extra infographics, additional content, even video. You can check out links to source material for a deeper read, or contact our UHY experts directly from the page. Enjoy your read! We are managing through times of significant social and technological change. The regulatory landscape is toughening up across the world, together with an upswing in protectionism, populism and plain uncertainty. It is no wonder that organisations can feel a little stressed. That is where I know UHY can assist. UHY member firms comprise over 8,200 professionals across 100 countries, supporting every kind of client from tech startups to corporates to multigenerational family businesses. Many of the challenges and opportunities we examine in this issue of UHY Global serve to illustrate the value of having a reputable and trusted advisor by your side in volatile times. Youwill see from the headline of our first article, taken from the World Economic Forum’s 2019 Global Risks Report, that environmental threat is not something we can ignore. In Sleepwalking into a Crisis, we take a look at what responsible investment means, and its role in funding the climate deficit. I believe that business and governments can step up and make a crucial difference to our world for future generations. While sustainability is becoming a key driver of global business, our feature on global trade in 2019, A New World Order?, sets the scene for many of the other issues businesses are experiencing when trying to expand across borders. Trade wars, Brexit, new nationalism – all are conspiring to make it harder. And it is not only private enterprise that is suffering: the third sector has never been under such scrutiny as it is today. International scandals have thrown a shadow on charitable organisations so that governance and financial accountability is more of a priority than ever. We look at this in our article In Need of Charity, and seek opinion from some of our member firms who have extensive experience in the sector. In our roundtable feature Innovative Africa, we talk to UHY’s African member firms about how technology hubs are bringing an exciting new age of opportunity and enterprise to some of Africa’s poorest economies; while elsewhere in this issue you can read about Success and Succession in family-owned businesses. On that note, I am also proud to include in this edition a personal profile on René Pérez Ordóñez, one of UHY’s successful managing partners and entrepreneurs, who has established his own family business of UHY member firms across Central America. If you enjoy UHY Global and would like to read more about UHY and its global network of independent member firms, please visit www.uhy.com or feel free to contact me directly at rdavid@uhy-us.com if our network can be of further assistance to you. Richard David Chairman UHY International

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