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Mike Pocrnich Appointed Finance Manager at Element Financial Advisory, Bringing Two Decades of Non-Profit Accounting and Financial Expertise

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2 months ago

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Canton, Michigan, 9th October 2024, ZEX PR WIRE, Element Financial Advisory is thrilled to announce the appointment of Mike Pocrnich as Finance Manager. With more than two decades of experience specializing in non-profit accounting, auditing, and financial analysis, Pocrnich’s extensive background promises to enhance the firm’s offerings, particularly in the areas of financial strategy and regulatory compliance.

Pocrnich, a Minneapolis native, holds a BA in Accounting from St. John’s University and has earned a reputation for his expertise in managing complex financial operations. Known for his proficiency in ERP and CRM systems, including those within the Microsoft suite, Pocrnich has played a pivotal role in managing audits, financial reporting, and forecasting for non-profit organizations and government entities.

Mark Anderson, CEO of Element Financial Advisory, welcomed the new hire: “Mike’s wealth of experience and distinctive skill set are invaluable additions to our team. His proven expertise in financial forecasting, grant management, and client relations aligns perfectly with our goal of delivering exceptional financial advisory services. We are delighted to welcome Mike and anticipate the significant impact he will make.”

A Proven Leader in Non-Profit Financial Management

Pocrnich began his career at CliftonLarsonAllen as a Senior Auditor, where he made significant contributions to the auditing field, focusing on strengthening internal controls and mentoring junior staff. His understanding of non-profit financial systems and state and federal grant administration has been a hallmark of his career. In his previous role as Controller at Beltz, Kes, Darling & Associates (now BerganKDV), Pocrnich demonstrated his leadership by overseeing annual audits and financial reporting processes while supporting clients with crucial financial insights.

Throughout his career, Pocrnich has demonstrated a unique ability to streamline financial operations and ensure compliance with accounting standards such as GAAP, FASB, and GASB. His capacity to communicate complex financial data clearly and effectively has made him a trusted advisor for senior leadership and stakeholders.

At Element Financial Advisory, Pocrnich’s role will focus on delivering CFO and Controller services, specifically to governmental and non-profit organizations. His in-depth knowledge of financial forecasting, grant management, and compliance will strengthen the firm’s capability to guide clients through an increasingly complex financial landscape.

“I am excited to join Element Financial Advisory at such a pivotal time for the firm,” said Pocrnich. “With the growing demands on financial institutions and non-profits to navigate stringent regulations and ensure financial sustainability, I look forward to leveraging my expertise to help our clients thrive.”

Commitment to Sustainability: Integrating ESG into Financial Strategy

In today’s evolving financial climate, Environmental, Social, and Governance (ESG) considerations are reshaping business practices. Mike Pocrnich’s experience positions him to help Element Financial Advisory clients integrate ESG factors into their financial strategies, a critical focus as industries increasingly prioritize sustainability.

The demand for sustainable investments is growing, with financial institutions exploring ESG-focused products like green bonds and socially responsible mutual funds. Pocrnich will be instrumental in helping clients navigate this shift, advising on climate-risk management and incorporating ESG considerations into risk management frameworks.

“Mike’s ability to align financial strategies with sustainable business practices enhances our commitment to delivering forward-thinking solutions,” said Mark Anderson. “His knowledge of ESG integration will benefit our clients as they seek to balance financial performance with environmental and social responsibility.”

Navigating an Evolving Financial Landscape

The financial industry is in a period of rapid change, driven by technological advancements and evolving regulations. Mike Pocrnich’s appointment comes at a time when traditional financial institutions face increased competition from fintech startups and the growing trend of open banking. His expertise will play a critical role in helping Element Financial Advisory’s clients adapt to these industry shifts.

The collaboration between traditional financial institutions and fintech companies is reshaping the industry, creating new opportunities for enhanced customer experiences through digital solutions. With Pocrnich’s experience in financial software and technology, Element Financial Advisory will be well-equipped to offer cutting-edge services that leverage these advancements.

Addressing 2024’s Regulatory Challenges

Pocrnich’s experience in regulatory compliance is especially timely, as financial institutions face heightened scrutiny in 2024. His in-depth knowledge of risk management, liquidity strategies, and compliance with updated regulatory guidelines will support Element Financial Advisory’s efforts to help clients stay ahead of industry changes.

Among the key areas of regulatory focus this year are:

  • Liquidity and Interest Rate Risk: Financial institutions are under pressure to manage liquidity amidst volatile market conditions. Pocrnich’s expertise in financial forecasting and strategic planning will help clients develop contingency funding plans to mitigate risk.
  • Third-Party Risk Management: Institutions are required to maintain robust risk management programs when working with third parties. Pocrnich’s experience will guide organizations in aligning their risk management strategies with compliance requirements.
  • Cybersecurity and Operational Resilience: As the financial sector increasingly relies on digital solutions, cybersecurity remains a critical area of concern. Pocrnich’s ability to implement strong risk management strategies will ensure that clients can respond effectively to cyber threats while maintaining operational resilience.
  • Crypto and Digital Asset Regulation: The emerging regulation of digital assets presents both risks and opportunities. Pocrnich’s knowledge of crypto markets will support clients in balancing innovation with regulatory safeguards.

“In navigating today’s financial landscape, we are committed to helping our clients address regulatory challenges while positioning themselves for future success,” Pocrnich added.

About Mike Pocrnich

Mike Pocrnich is an accomplished accounting professional with over 20 years of experience in non-profit accounting, financial analysis, and auditing. He holds a BA in Accounting from St. John’s University and has extensive expertise in financial forecasting, grant management, and compliance with GAAP, FASB, and GASB standards. Pocrnich’s background includes senior roles at CliftonLarsonAllen and Beltz, Kes, Darling & Associates. He now serves as Finance Manager at Element Financial Advisory, providing CFO and Controller services to a diverse client base.

About Element Financial Advisory

Element Financial Advisory is a premier financial services firm located in Minneapolis, MN, offering comprehensive CFO and Controller services to government entities, non-profit organizations, and businesses of all sizes. With a commitment to delivering personalized, strategic financial solutions, Element Financial Advisory helps its clients navigate complex financial landscapes and achieve sustainable success.

For more information about Mike Pocrnich and Element Financial Advisory, please visit www.elementfinancial.com & https://mikepocrnich.com/

 

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

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2 days ago

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November 23, 2024

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

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2 days ago

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November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

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2 days ago

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November 23, 2024

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DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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