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Zmags
The inancial crisis We
mark 10 years since the
crash and explore the
major lessons learned
Brexit It's emotional, it's
political and it's technical.
What you need to know
about leaving the EU
Age matters How higher
levels of employment
among the over-50s
benefit the economy
Making Tax Digital
What we know so
far about HMRC's
revolutionary campaign
MAY 2017 ICAEW.COM/ECONOMIA
ICAEW.COM/ECONOMIA
Move
any
mountain
Abdul Wahid Omar's dream was
to be a CFO. Now group chairman
of Permodalan Nasional Berhad,
he tells economia how he achieved
that goal and so much more
42% of millennials limit their
mobile transactions because of
security concerns.
Turn cautious shoppers
into confident customers.
BUSINESS CENTRE
Michae
The inancial crisis We mark 10 years since the
42% of millennials limit their mobile transa
BUSINESS CENTRE Michael Izza opened ICAEW's new B
08 THE AUDIT 08 In case you missed it We look at
CONTENTS 32 FEATURES 32 Migrant labour As immig
EYEBROW economia is publishe
Take a dip The economia team looks at the more un
Form in a tea cup Dr Quan Vuong works at the Univ
Debate: NICK PERKS, trust secretary at Joseph Ro
JOHN HEWSON, economist and former federal leader
Confused around your international payments?
Bobby Lane, partner, Shelley Stock Hutter, head o
THE AUDIT economia reviews...
IN BUSINESS, ATTENTION TO DETAIL IS EVE
EYEBROW
THE AUDIT I really wanted a caree
2016 in numbers ICAEW enjoyed another busy year,
ANNUAL REVIEW 2016
MIX BUSINESS WITH PLEASURE M{ZD{6
ICAEW president Hilary Lindsay explains the think
There is now another way to do International Paym
American Express International Payments One worl
OPINION Michael Izza Article 50 has been tri
SPONSORED FEATURE
From the Institute this month: a critique of the
SPONSORED FEATURE How Microsoft i
THE DYNAMICS 365 BUSINESS EDITION is the latest i
SPONSORED FEATURE m
to provide these services to their customer base.
Citizen's income A Universal Basic Income (Michae
T he Great Repeal Bill is the
Jo Owen It might be tough at the top and hard on
Letter from Dubai Gavin Aspden weighs up the chal
£199 PER MONTH
OPEN FOR BUSINESS 32
Private sector companies can benefit from migrat
has both run and worked with businesses employing
the UK, foreign talent is becoming more choosy ab
Life is what you make it WORDS BY AMY DUFF. PHOTO
ABDUL WAHID OMAR PHOTOGRAPHY BY JOE BLOGGS I
accountancy training was the stepping stone he ne
position of the group and within two and a half y
ABDUL WAHID OMAR
Why you must plan to deal with the effects of a f
LIVI Ten years on from the
LE risk,” says Geraint Johnes,
44 those three forces, and you could say that
REX SHUTTERSTOCK, GETTY IMAGES, REUTERS says. “B
EYEBROW Fintech-powered alternative finance:
Spotcap partner case studies Managers at BDO Cor
The business of Brexit There's plenty for profes
Last year's referendum increased uncertainty in t
“Do you think the result of the referendum will b
here, meaning each company will have a different
All-New Renault MEGANE Feel the drive
A DAY IN THE LIFE Monday Tuesday
Alison Berry has had many finance roles since qua
ECONOMIA MAY 2017 A DAY IN THE LIFE
A DAY IN THE LIFE
Why accountants shouldn't fear the rise of the ma
58 MANAGING THE MONEY Times are challenging f
WEALTH MANAGEMENT L ow interest rates
Practice 2017 Conference and Expo 16–17 November
the most suitable types of investment are likely
WEALTH MANAGEMENT “AN ASSET BASE IN RETIREME
New economia Personal Investing hub in associatio
Act your age
The population is ageing, and the trend will cont
EMPLOYERS DOING MORE TO HELP OLDER WORKERS “Older
training and development opportuni- ties. This is
In this section ADJUST YOUR RANGE Why firms need m
C hartered accountant Carl Reader i
EYEBROW has granted 255 licences for firms si
to an audit partner for more generic business adv
Renewed focus needed on collecting and protecting
Career ladder Gail Kelly How did one of finance's
S ince moving to Melbourne 14 years a
freeze on recruitment. It was one of those waters
Letter of the law New regulations introduce a cri
ILLUSTRATION BY PHIL HACKETT WHAT YOU NEED TO KN
A digital revelation The speed at which HMRC inte
“Exempting firms below a £10,000 threshold is of
Transitional phase to implementation period In th
TECHNICAL: BEST PRACTICE now.” The other are
Technical key developments Our at-a-glance guide
REGISTER OF FOREIGN-OWNED PROPERTY PROPOSED The g
that they know how best to support their staff at
to comment on any CRR intervention in a subsequen
BUILD FOR THE FUTURE BY BRINGING YOUR PENSIONS TO
Life this month: © 1963 HARVEY BALL Happy
Life happiness Don't worry, be happy Even mo
DO SOMETHING NEW Never seen Star Wars? Still have
GO STARGAZING Few things put life so firmly in pe
DO YOUR BIT One oft-stated observation that turns
Life in review DUCATI SUPERSPORT S You can't
Specialised spoons The solution to the eternal st
Faculty membership Supporting your professional d
Directory RECRUITMENT GROUP CHIEF EXECUTIVE REQU
TO ADVERTISE IN THE DIRECTORY PLEASE CONTACT POLL
LIFE AFTER WORK I n 1965 young acc
A WELL-DESERVED OPPORTUNITY EXCLUSIVE VOLVO V60 M