<br />
INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS<br />
ISSUE 7 | AUGUST 2012 | ICAEW.COM/ECONOMIA<br />
JULIE MEYER JACQUI DODDS COLIN COULSON-THOMAS ROSE EDMUNDS<br />
LORD CURRY CATHY NEWMAN BRIAN MCARTHUR-MUSCROFT LEE HOPLEY<br />
DIRECTOR'S CUT<br />
THE MANY ROLES AND DECISIONS OF SERIAL NON-EXECUTIVE<br />
AND BARCLAYS BOARD MEMBER ALISON CARNWATH<br />
SQUEEZED MIDDLE | PENSIONS UPDATE | THE WORLD BANK | CASH ACCOUNTING<br />
<br />
There's a simple way<br />
to restore trust in the banks<br />
Do you trust your bank? Or bankers in<br />
general? The fallout from the financial crisis<br />
means that these have become common<br />
questions. And the evidence suggests that<br />
increasingly, the answer is a resounding “no”.<br />
The latest Trust Barometer produced by PR<br />
firm Edelman shows that trust in banks has<br />
fallen 16% in the last year. And the report was<br />
<a title="economia_Aug page 1" href="http://viewer.zmags.com/publication/334d90e8?page=1"> INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS </a>
<a title="economia_Aug page 2" href="http://viewer.zmags.com/publication/334d90e8?page=2"> </a>
<a title="economia_Aug page 3" href="http://viewer.zmags.com/publication/334d90e8?page=3"> There's a simple way to restore tr</a>
<a title="economia_Aug page 4" href="http://viewer.zmags.com/publication/334d90e8?page=4"> online INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS</a>
<a title="economia_Aug page 5" href="http://viewer.zmags.com/publication/334d90e8?page=5"> ECONOMIA Contents August 2012 PHILIP SINDEN</a>
<a title="economia_Aug page 6" href="http://viewer.zmags.com/publication/334d90e8?page=6"> ECONOMIA Contributors EDITORIAL ADVISORY </a>
<a title="economia_Aug page 7" href="http://viewer.zmags.com/publication/334d90e8?page=7"> ECONOMIA People & quotes The influential v</a>
<a title="economia_Aug page 8" href="http://viewer.zmags.com/publication/334d90e8?page=8"> In review The stories that matter most from the m</a>
<a title="economia_Aug page 9" href="http://viewer.zmags.com/publication/334d90e8?page=9"> THE AUDIT 8bn the number of single</a>
<a title="economia_Aug page 10" href="http://viewer.zmags.com/publication/334d90e8?page=10"> Good news bad news Nigel Bogle and Si</a>
<a title="economia_Aug page 11" href="http://viewer.zmags.com/publication/334d90e8?page=11"> THE AUDIT Talking point Is tax planning moral</a>
<a title="economia_Aug page 12" href="http://viewer.zmags.com/publication/334d90e8?page=12"> THE AUDIT The graph Retail sales valu</a>
<a title="economia_Aug page 13" href="http://viewer.zmags.com/publication/334d90e8?page=13"> THE AUDIT If I ruled the world Every month </a>
<a title="economia_Aug page 14" href="http://viewer.zmags.com/publication/334d90e8?page=14"> THE AUDIT REX FEATURES Charity conference Thi</a>
<a title="economia_Aug page 15" href="http://viewer.zmags.com/publication/334d90e8?page=15"> THE AUDIT As I see it Jo</a>
<a title="economia_Aug page 16" href="http://viewer.zmags.com/publication/334d90e8?page=16"> Tales from the front line Real stories from th</a>
<a title="economia_Aug page 17" href="http://viewer.zmags.com/publication/334d90e8?page=17"> THE AUDIT If something isn't going to add to the </a>
<a title="economia_Aug page 18" href="http://viewer.zmags.com/publication/334d90e8?page=18"> Michael Michael Izza Time for plain talk on tax </a>
<a title="economia_Aug page 19" href="http://viewer.zmags.com/publication/334d90e8?page=19"> OPINION Email: economia@icaew.com twitter.com/eco</a>
<a title="economia_Aug page 20" href="http://viewer.zmags.com/publication/334d90e8?page=20"> Cathy Newman Olympic values, the front line and N</a>
<a title="economia_Aug page 21" href="http://viewer.zmags.com/publication/334d90e8?page=21"> OPINION Jason Cowley Levelling the playing field </a>
<a title="economia_Aug page 22" href="http://viewer.zmags.com/publication/334d90e8?page=22"> Julie Meyer The era of ecosystem economics W </a>
<a title="economia_Aug page 23" href="http://viewer.zmags.com/publication/334d90e8?page=23"> OPINION Letter from America Obamacare is bitter m</a>
<a title="economia_Aug page 24" href="http://viewer.zmags.com/publication/334d90e8?page=24"> THE MAKING OF MEXICO A new government, the G20 s</a>
<a title="economia_Aug page 25" href="http://viewer.zmags.com/publication/334d90e8?page=25"> INTERNATIONAL CORBIS, GALLERY STOCK, IWAN BAAN </a>
<a title="economia_Aug page 26" href="http://viewer.zmags.com/publication/334d90e8?page=26"> INTERNATIONAL BUSINESS THE MEXICO WAY Nick Rin</a>
<a title="economia_Aug page 27" href="http://viewer.zmags.com/publication/334d90e8?page=27"> ADVERTISEMENT FEATURE ARE YOU NEGLECTING MOB</a>
<a title="economia_Aug page 28" href="http://viewer.zmags.com/publication/334d90e8?page=28"> POLAND Poland AT A GLANCE With a highly educated </a>
<a title="economia_Aug page 29" href="http://viewer.zmags.com/publication/334d90e8?page=29"> POLAND PANOS HISTORY Having had various borders</a>
<a title="economia_Aug page 30" href="http://viewer.zmags.com/publication/334d90e8?page=30"> OUTOF THE ORDINARY Successful director and compan</a>
<a title="economia_Aug page 31" href="http://viewer.zmags.com/publication/334d90e8?page=31"> PROFILE </a>
<a title="economia_Aug page 32" href="http://viewer.zmags.com/publication/334d90e8?page=32"> because our elders and betters have told me you d</a>
<a title="economia_Aug page 33" href="http://viewer.zmags.com/publication/334d90e8?page=33"> PROFILE “I find making decisions quite ea</a>
<a title="economia_Aug page 34" href="http://viewer.zmags.com/publication/334d90e8?page=34"> THE BANK THAT LIKES TODO GOOD Once a dominant pla</a>
<a title="economia_Aug page 35" href="http://viewer.zmags.com/publication/334d90e8?page=35"> DEVELOPMENT PICTURE/PHOTO CREDIT XXXXXXXXXXXXXXX</a>
<a title="economia_Aug page 36" href="http://viewer.zmags.com/publication/334d90e8?page=36"> ICAEW AND THE WORLD BANK E ven th</a>
<a title="economia_Aug page 37" href="http://viewer.zmags.com/publication/334d90e8?page=37"> DEVELOPMENT 51% Fall in world populati</a>
<a title="economia_Aug page 38" href="http://viewer.zmags.com/publication/334d90e8?page=38"> DEVELOPMENT ICAEW AND THE WORLD BANK CONTINU</a>
<a title="economia_Aug page 39" href="http://viewer.zmags.com/publication/334d90e8?page=39"> Clear. Sharp. Focused. li i l </a>
<a title="economia_Aug page 40" href="http://viewer.zmags.com/publication/334d90e8?page=40"> THE INTELLIGENT ENTERPRISE SERIES • SUPPORTED BY </a>
<a title="economia_Aug page 41" href="http://viewer.zmags.com/publication/334d90e8?page=41"> This is what our customers want and therefore it </a>
<a title="economia_Aug page 42" href="http://viewer.zmags.com/publication/334d90e8?page=42"> THEBIGGER PICTURE The days of non-executive direc</a>
<a title="economia_Aug page 43" href="http://viewer.zmags.com/publication/334d90e8?page=43"> NON-EXECUTIVE DIRECTORS </a>
<a title="economia_Aug page 44" href="http://viewer.zmags.com/publication/334d90e8?page=44"> “You can engage with people, know how to influenc</a>
<a title="economia_Aug page 45" href="http://viewer.zmags.com/publication/334d90e8?page=45"> NON-EXECUTIVE DIRECTORS someone they</a>
<a title="economia_Aug page 46" href="http://viewer.zmags.com/publication/334d90e8?page=46"> </a>
<a title="economia_Aug page 47" href="http://viewer.zmags.com/publication/334d90e8?page=47"> MANUFACTURING SUPPORTED BY MAKE IT BETTER Ap</a>
<a title="economia_Aug page 48" href="http://viewer.zmags.com/publication/334d90e8?page=48"> the figures show how tough conditions are. “Outpu</a>
<a title="economia_Aug page 49" href="http://viewer.zmags.com/publication/334d90e8?page=49"> MANUFACTURING THE SECTOR EXPERT LEE HOPL</a>
<a title="economia_Aug page 50" href="http://viewer.zmags.com/publication/334d90e8?page=50"> “That's probably the story that doesn't get told </a>
<a title="economia_Aug page 51" href="http://viewer.zmags.com/publication/334d90e8?page=51"> MANUFACTURING THE BUSINESS EXPERT CHRIS </a>
<a title="economia_Aug page 52" href="http://viewer.zmags.com/publication/334d90e8?page=52"> FILLING THE POT Keeping pensions both affordable </a>
<a title="economia_Aug page 53" href="http://viewer.zmags.com/publication/334d90e8?page=53"> PENSIONS IFAN BATES unfairly,” warns Liz Cole, </a>
<a title="economia_Aug page 54" href="http://viewer.zmags.com/publication/334d90e8?page=54"> THE RIGHT TOOLS In response to the introduction o</a>
<a title="economia_Aug page 55" href="http://viewer.zmags.com/publication/334d90e8?page=55"> PENSIONS “For small businesses the main focus i</a>
<a title="economia_Aug page 56" href="http://viewer.zmags.com/publication/334d90e8?page=56"> A sk Rose Edmunds what she does </a>
<a title="economia_Aug page 57" href="http://viewer.zmags.com/publication/334d90e8?page=57"> PROFILE “I was sur</a>
<a title="economia_Aug page 58" href="http://viewer.zmags.com/publication/334d90e8?page=58"> FIND A CHARTERED ACCOUNTANT Your new ICAEW firms </a>
<a title="economia_Aug page 59" href="http://viewer.zmags.com/publication/334d90e8?page=59"> BRIEFING Briefing Extended audit reports, IFRS </a>
<a title="economia_Aug page 60" href="http://viewer.zmags.com/publication/334d90e8?page=60"> NEWS Updates EMPLOYMENT LAW ECJ confirms ri</a>
<a title="economia_Aug page 61" href="http://viewer.zmags.com/publication/334d90e8?page=61"> BRIEFING understanding of risk; non-</a>
<a title="economia_Aug page 62" href="http://viewer.zmags.com/publication/334d90e8?page=62"> CASH ACCOUNTING Coining it Will cash account</a>
<a title="economia_Aug page 63" href="http://viewer.zmags.com/publication/334d90e8?page=63"> BRIEFING “Cash accounting takes growth b</a>
<a title="economia_Aug page 64" href="http://viewer.zmags.com/publication/334d90e8?page=64"> Opportunity knocks As the financial services se</a>
<a title="economia_Aug page 65" href="http://viewer.zmags.com/publication/334d90e8?page=65"> BRIEFING “Every</a>
<a title="economia_Aug page 66" href="http://viewer.zmags.com/publication/334d90e8?page=66"> AUDIT REGULATION Deep pockets Proposals for</a>
<a title="economia_Aug page 67" href="http://viewer.zmags.com/publication/334d90e8?page=67"> BRIEFING OUT OF HARMONY The AADB looks at possibl</a>
<a title="economia_Aug page 68" href="http://viewer.zmags.com/publication/334d90e8?page=68"> MEMBER BENEFITS It's your institute From leg</a>
<a title="economia_Aug page 69" href="http://viewer.zmags.com/publication/334d90e8?page=69"> BRIEFING HELP WHEN YOU</a>
<a title="economia_Aug page 70" href="http://viewer.zmags.com/publication/334d90e8?page=70"> DISCIPLINARIES Exclusion rescinded, orchestra f</a>
<a title="economia_Aug page 71" href="http://viewer.zmags.com/publication/334d90e8?page=71"> BRIEFING Report listings The reports that fol</a>
<a title="economia_Aug page 72" href="http://viewer.zmags.com/publication/334d90e8?page=72"> WHY </a>
<a title="economia_Aug page 73" href="http://viewer.zmags.com/publication/334d90e8?page=73"> Life “Only when the tide goes out do you discover</a>
<a title="economia_Aug page 74" href="http://viewer.zmags.com/publication/334d90e8?page=74"> PASSIONS From magic tricks to mountain climbing,</a>
<a title="economia_Aug page 75" href="http://viewer.zmags.com/publication/334d90e8?page=75"> LIFE </a>
<a title="economia_Aug page 76" href="http://viewer.zmags.com/publication/334d90e8?page=76"> LIFE VEG OUT We sample some healthy, no-me</a>
<a title="economia_Aug page 77" href="http://viewer.zmags.com/publication/334d90e8?page=77"> LIFE PLUG AND PLAY A range </a>
<a title="economia_Aug page 78" href="http://viewer.zmags.com/publication/334d90e8?page=78"> LIFE SOMETHING ON YOU</a>
<a title="economia_Aug page 79" href="http://viewer.zmags.com/publication/334d90e8?page=79"> LIFE SIX OF THE BEST LIDOS </a>
<a title="economia_Aug page 80" href="http://viewer.zmags.com/publication/334d90e8?page=80"> Business directory To advertise within the Bu</a>
<a title="economia_Aug page 81" href="http://viewer.zmags.com/publication/334d90e8?page=81"> BUSINESS DIRECTORY Mergers & Acquisitions CO</a>
<a title="economia_Aug page 82" href="http://viewer.zmags.com/publication/334d90e8?page=82"> LIFE LIFE AFTER WORK ONE OF</a>
<a title="economia_Aug page 83" href="http://viewer.zmags.com/publication/334d90e8?page=83"> For ToMorroW’S FD Financial controllers’ conFer</a>
<a title="economia_Aug page 84" href="http://viewer.zmags.com/publication/334d90e8?page=84"> </a>