For the second consecutive year, UHY LLP sponsored the Distinguished Clown Corps float in the 89th America's Thanksgiving Parade. Over 70 feet long and standing 17 feet tall, the DCC float is the centerpiece of the 180+ Distinguished Clowns greeting and entertaining hundreds of thousands of spectators.

70+ employees and their families filled the streets to cheer on UHY's very own Distinguished Clowns (Chad Kime, Matt Munn, Debi Ritter, Bill Kingsley, Todd Bensley and son Justin, and Tom Callan and son Joe) who walked alongside the float, representing UHY. The clowns distributed candy, smiles and UHY beads to spectators along the parade route.

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The Parade is Detroit's grandest and most anticipated civic event, the second largest Thanksgiving parade and the third largest parade in the country overall. First televised in 1948, The Parade is broadcast live locally on WDIV-TV Local 4 with a syndicated national potential reach of over 65 million households.

"UHY is celebrating our one-year anniversary in our newest downtown office. We've always had strong ties to this community, supporting numerous local charities; and we are thrilled to be a part of this memorable tradition," said UHY Advisors' chairman and CEO, Tony Frabotta. "Our firm chose to sponsor this float because the Distinguished Clowns Corps is comprised of community leaders and supporters just like us."

UHY ADVISORS' COO, RICK DAVID, ELECTED AS TREASURER OF UHYI BOARD
During the 2015 UHY International Annual General Meeting in Rio de Janiero, Rick David, chief operating officer of UHY Advisors, was elected as treasurer of the UHY International network. David, a member of the UHYI board of directors, becomes responsible for developing, implementing and supervising UHY's strategic financial activities. "I am honored to be elected as treasurer of our international network. I hope to properly safeguard our assets while insuring that our network expenditures are in line with our agreed upon budgets and serve to add value to the network, and our many member firms," said David. He has been a member of the UHY International Board of Directors since 2012.

AARON WITALEC, DIRECTOR OF UHY CORPORATE FINANCE, SHARES HIS THOUGHTS ON FOREIGN M&A ACTIVITY
Dykema's 2015 M&A Insights report found a smaller percentage of respondents expecting foreign dealmakers to become more active on US soil. Given recent world events, that's not surprising, says Aaron Witalec, director at UHY Advisors Corporate Finance, LLC. With valuations high, economic turmoil in China and the US dollar performing well against foreign currencies-particularly the euro-we're more likely to see a rise in American companies pursuing deals overseas than the other way around, says Witalec, whose firm has a physical presence in 89 countries. Last year, 78 percent of respondents said they expected an increase in activity from China to the US, compared with 69 percent this year. In 2014, 74 percent of respondents said they expected an increase in activity from Europe to the US, compared with 47 percent this year. Whereas US M&A activity to China was not viewed as positively this year, a greater percentage of respondents expect M&A from the US to Europe to increase. That makes sense, Witalec says, noting that, as places like China cool off, Eastern Europe in particular looks ripe for increased M&A activity.

"Western European companies had an interest in pursuing low-cost solutions in Eastern Europe. Then, 10 to 15 years ago, China became the focus for multinationals as it was viewed as 'the place to be,'" Witalec explained. "Now, given the challenges in Asia, Eastern Europe is becoming an attractive destination once again with more American and Western European companies searching for the right acquisitions in the region, especially those that provide a meaningful technological edge in manufacturing."

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CAREERS AT UHY
Are you ready to take charge of your career path? Be sure to visit our careers page for the most up-to-date listings or contact Yolanda Rountree. Current opportunities in our Michigan offices include:

• Audit Manager, 7+ years of experience, manufacturing experience is highly preferred
• Audit Manager, 7+ years of experience, SEC experience is highly preferred
• Audit Senior Accountant, 5-7 years of experience, CPA required
• Internal Audit Risk & Compliance Manager, 7+ years of experience
• R&D Tax Specialist, 7+ years of experience
• Tax Manager, 7-10 years of experience
• Director of Litigation, testifying experience required municipalities
• Senior Associate (Corporate Finance), 2-4 years of Big 4 experience highly preferred