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<br /> INTELLIGENCE AND INSIGHT<br /> JULY/AUGUST 2015 | ICAEW.COM/ECONOMIA ISSUE 40 | ACCOUNTANCY | FINANCE | BUSINESS<br /> FIGHTING<br /> FRAUD<br /> After 20 years in practice as<br /> well as top prosecutor roles<br /> at the Serious Fraud Office<br /> and Financial Conduct<br /> Authority, David Kirk shares<br /> what he's learned about<br /> fighting fraud<br /> DIVERTED PROFITS TAX TOM AIKENS BANKING HAVENS THE SKILLS SHORTAGE<br /> <br /> <br /> SCALABLE<br /> Unlike other forms of finance, Asset Based Lending from ABN AMRO Commercial<br /> Finance grows and adapts with the needs of your clients. And with our ability to<br /> seamlessly build pan European deals, we can even support their ambitions overseas.<br /> To see how we can make a difference to accelerating their business plans and<br /> discuss our innovative Real Rewards fund, contact our dedicated Accountancy team<br /> on: 0808 252 96 22<br /> www.abnamr<a title="Economia JULY/AUG 15 page 1" href="http://viewer.zmags.com/publication/2618baad?page=1"> INTELLIGENCE AND INSIGHT JULY/AUGUST 201</a> <a title="Economia JULY/AUG 15 page 2" href="http://viewer.zmags.com/publication/2618baad?page=2"> </a> <a title="Economia JULY/AUG 15 page 3" href="http://viewer.zmags.com/publication/2618baad?page=3"> </a> <a title="Economia JULY/AUG 15 page 4" href="http://viewer.zmags.com/publication/2618baad?page=4"> SCALABLE Unlike other forms of finance, Asset Bas</a> <a title="Economia JULY/AUG 15 page 5" href="http://viewer.zmags.com/publication/2618baad?page=5"> By the time you read this, George Osborne will ha</a> <a title="Economia JULY/AUG 15 page 6" href="http://viewer.zmags.com/publication/2618baad?page=6"> ICAEW in this issue “The Diverted Profits Tax is </a> <a title="Economia JULY/AUG 15 page 7" href="http://viewer.zmags.com/publication/2618baad?page=7"> 32 PHOTOGRAPHY: KALPESH LATHIGRA There is more t</a> <a title="Economia JULY/AUG 15 page 8" href="http://viewer.zmags.com/publication/2618baad?page=8"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA, (ch</a> <a title="Economia JULY/AUG 15 page 9" href="http://viewer.zmags.com/publication/2618baad?page=9"> Your right-hand man. FORD KU</a> <a title="Economia JULY/AUG 15 page 10" href="http://viewer.zmags.com/publication/2618baad?page=10"> In review THE INTERNATIONAL PICTURE 30 </a> <a title="Economia JULY/AUG 15 page 11" href="http://viewer.zmags.com/publication/2618baad?page=11"> THE AUDIT 196 99 5 593 5 00 44 4 CUSTODI</a> <a title="Economia JULY/AUG 15 page 12" href="http://viewer.zmags.com/publication/2618baad?page=12"> THE AUDIT AIM AIM, the market for</a> <a title="Economia JULY/AUG 15 page 13" href="http://viewer.zmags.com/publication/2618baad?page=13"> </a> <a title="Economia JULY/AUG 15 page 14" href="http://viewer.zmags.com/publication/2618baad?page=14"> </a> <a title="Economia JULY/AUG 15 page 15" href="http://viewer.zmags.com/publication/2618baad?page=15"> THE AUDIT As I see it Feroze Dada is chairman at</a> <a title="Economia JULY/AUG 15 page 16" href="http://viewer.zmags.com/publication/2618baad?page=16"> THE AUDIT From the top W </a> <a title="Economia JULY/AUG 15 page 17" href="http://viewer.zmags.com/publication/2618baad?page=17"> FOR THE LIFE OF YOUR DOCUMENT </a> <a title="Economia JULY/AUG 15 page 18" href="http://viewer.zmags.com/publication/2618baad?page=18"> </a> <a title="Economia JULY/AUG 15 page 19" href="http://viewer.zmags.com/publication/2618baad?page=19"> THE AUDIT The graph In our round-up of last mont</a> <a title="Economia JULY/AUG 15 page 20" href="http://viewer.zmags.com/publication/2618baad?page=20"> 20 </a> <a title="Economia JULY/AUG 15 page 21" href="http://viewer.zmags.com/publication/2618baad?page=21"> THE AUDIT I may be 72 but I have no pla</a> <a title="Economia JULY/AUG 15 page 22" href="http://viewer.zmags.com/publication/2618baad?page=22"> Book review Five decades of economics commentary</a> <a title="Economia JULY/AUG 15 page 23" href="http://viewer.zmags.com/publication/2618baad?page=23"> THE AUDIT TAXING SUCCESS Smith & Williamson tax </a> <a title="Economia JULY/AUG 15 page 24" href="http://viewer.zmags.com/publication/2618baad?page=24"> Michael Izza “We must continue to think about th</a> <a title="Economia JULY/AUG 15 page 25" href="http://viewer.zmags.com/publication/2618baad?page=25"> OPINION twitter.com/economiamag · face</a> <a title="Economia JULY/AUG 15 page 26" href="http://viewer.zmags.com/publication/2618baad?page=26"> OPINION Bronwen Maddox “Will wage growth s</a> <a title="Economia JULY/AUG 15 page 27" href="http://viewer.zmags.com/publication/2618baad?page=27"> 32 MILE 148 510 MIL</a> <a title="Economia JULY/AUG 15 page 28" href="http://viewer.zmags.com/publication/2618baad?page=28"> George Magnus “We have to develop mechanisms to </a> <a title="Economia JULY/AUG 15 page 29" href="http://viewer.zmags.com/publication/2618baad?page=29"> Axel Weber “Within a complex economy, a simplist</a> <a title="Economia JULY/AUG 15 page 30" href="http://viewer.zmags.com/publication/2618baad?page=30"> TAKING THE RISK OUT OF FINAL SALARY PENSION SCHEM</a> <a title="Economia JULY/AUG 15 page 31" href="http://viewer.zmags.com/publication/2618baad?page=31"> ever to get pension liabilities off their balance</a> <a title="Economia JULY/AUG 15 page 32" href="http://viewer.zmags.com/publication/2618baad?page=32"> Raising the bar Practising as a criminal and regu</a> <a title="Economia JULY/AUG 15 page 33" href="http://viewer.zmags.com/publication/2618baad?page=33"> COVER STORY DAVID KIRK </a> <a title="Economia JULY/AUG 15 page 34" href="http://viewer.zmags.com/publication/2618baad?page=34"> “I didn't realise Baird has raised and managed </a> <a title="Economia JULY/AUG 15 page 35" href="http://viewer.zmags.com/publication/2618baad?page=35"> When he was seconded to the Law Officers’ Dep</a> <a title="Economia JULY/AUG 15 page 36" href="http://viewer.zmags.com/publication/2618baad?page=36"> COVER STORY DAVID KIRK safer. 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