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UHY appoints new chairman

UHY has appointed chief operating officer of UHY Advisors US Rick David as its new chairman.

He will be taking over from Bernard Fay who is a partner at UHY Fay & CO, UHY’s Spanish member firm.

David has joined the UHY board of directors in 2012, and is currently UHY’s treasurer. He started off his career with audit practise at a Big Four firm.

He has also served on the Michigan State board of accountancy and the Professional Ethics Executive Committee of the American Institute of Certified Public Accountants (AICPA).

David commented: “Being chairman of one of the largest accounting and consultancy networks in the world presents a really exciting opportunity. We are already seeing a large increase in cross-border work coming to the network and that is something that we intend to build on. More of our clients want our member firms to represent them globally and that is what this network facilitates”

Key priorities for David lies with expanding on the strong links between the member firms across the network. He also looks to build on the increased flow in referral work between countries to enhance the knowledge shared between local offices.

David said: “The growth in innovative new accounting practices, integrating AI and data analytics for example, are opening up a range of possibilities for the profession – to do work more efficiently and rigorously. These developments have the potential to lead to dramatic improvements in the audit process.”

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