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<br /> Out of Africa Evita<br /> Nyandoro on the<br /> potential of a continent<br /> and her role promoting it<br /> PASTURES NEW<br /> Andy Gibbs, CFO at Graze, talks<br /> about life after PwC, making it big<br /> in America, and the beauty of data<br /> IFRS How two global Blockchain Best known as<br /> organisations are the tech behind bitcoin but<br /> collaborating for the increasingly used to help<br /> greater good businesses save money<br /> OCTOBER 2017 ECONOMIA.ICAEW.COM<br /> Brexit Our analysis of<br /> what VAT might look like<br /> once the UK leaves the<br /> European Union<br /> £1,750 + £500<br /> DEPOSIT CONTRIBUTION1 EXTRA IF YOU TEST<br /> DRIVE AND BUY BEFORE<br /> 16TH DECEMBER2<br /> THE MITSUBISHI<br /> 5.9% APR<br /> REPRESENTATIV<a title="Economia OCTOBER 17 page 1" href="http://viewer.zmags.com/publication/4c496222?page=1"> Out of Africa Evita Nyandoro on</a> <a title="Economia OCTOBER 17 page 2" href="http://viewer.zmags.com/publication/4c496222?page=2"> £1,750 + £500 DEPOSIT CONTRIBUTION1 EX</a> <a title="Economia OCTOBER 17 page 3" href="http://viewer.zmags.com/publication/4c496222?page=3"> VAT WILL BE NO QUICK DIGITAL WIN FOR HMRC The dec</a> <a title="Economia OCTOBER 17 page 4" href="http://viewer.zmags.com/publication/4c496222?page=4"> Highlights 08 THE AUDIT 08 In case you missed it</a> <a title="Economia OCTOBER 17 page 5" href="http://viewer.zmags.com/publication/4c496222?page=5"> CONTENTS 31 FEATURES 31 IFRS 36 Andy Gibbs 40 C</a> <a title="Economia OCTOBER 17 page 6" href="http://viewer.zmags.com/publication/4c496222?page=6"> economia is published by Progressive Content 71-7</a> <a title="Economia OCTOBER 17 page 7" href="http://viewer.zmags.com/publication/4c496222?page=7"> COMPLEXITY MADE SIMPLE. Running your small busin</a> <a title="Economia OCTOBER 17 page 8" href="http://viewer.zmags.com/publication/4c496222?page=8"> Take a dip Our news team looks at the meaningful </a> <a title="Economia OCTOBER 17 page 9" href="http://viewer.zmags.com/publication/4c496222?page=9"> India tax reform When Narendra Modi came to power</a> <a title="Economia OCTOBER 17 page 10" href="http://viewer.zmags.com/publication/4c496222?page=10"> Debate: JO JOHNSON, the universities minister “Y</a> <a title="Economia OCTOBER 17 page 11" href="http://viewer.zmags.com/publication/4c496222?page=11"> STUART RIMMER, principal at East Coast College </a> <a title="Economia OCTOBER 17 page 12" href="http://viewer.zmags.com/publication/4c496222?page=12"> A WELL-DESERVED OPPORTUNITY You worked har</a> <a title="Economia OCTOBER 17 page 13" href="http://viewer.zmags.com/publication/4c496222?page=13"> Kath Haines, chief executive at Caba, puts people</a> <a title="Economia OCTOBER 17 page 14" href="http://viewer.zmags.com/publication/4c496222?page=14"> 14 </a> <a title="Economia OCTOBER 17 page 15" href="http://viewer.zmags.com/publication/4c496222?page=15"> I trained at EY and have some fond memo</a> <a title="Economia OCTOBER 17 page 16" href="http://viewer.zmags.com/publication/4c496222?page=16"> THE AUDIT economia reviews... T</a> <a title="Economia OCTOBER 17 page 17" href="http://viewer.zmags.com/publication/4c496222?page=17"> The Future Of Audit How technology </a> <a title="Economia OCTOBER 17 page 18" href="http://viewer.zmags.com/publication/4c496222?page=18"> THE AUDIT From the Institute this month: a wa</a> <a title="Economia OCTOBER 17 page 19" href="http://viewer.zmags.com/publication/4c496222?page=19"> EYEBROW SPONSORED FEATURE START AT AGE 45 </a> <a title="Economia OCTOBER 17 page 20" href="http://viewer.zmags.com/publication/4c496222?page=20"> WORK FOR WORK WITH CL</a> <a title="Economia OCTOBER 17 page 21" href="http://viewer.zmags.com/publication/4c496222?page=21"> ICAEW president Nick Parker on making the profess</a> <a title="Economia OCTOBER 17 page 22" href="http://viewer.zmags.com/publication/4c496222?page=22"> Life's full of options. Choose wisely. Choose Cha</a> <a title="Economia OCTOBER 17 page 23" href="http://viewer.zmags.com/publication/4c496222?page=23"> Michael Izza We always seek to consider the big p</a> <a title="Economia OCTOBER 17 page 24" href="http://viewer.zmags.com/publication/4c496222?page=24"> A t least some of the meas- </a> <a title="Economia OCTOBER 17 page 25" href="http://viewer.zmags.com/publication/4c496222?page=25"> Jo Owen Technology may well alter the professions</a> <a title="Economia OCTOBER 17 page 26" href="http://viewer.zmags.com/publication/4c496222?page=26"> Oxford Economics The slowdown in China's rural-ur</a> <a title="Economia OCTOBER 17 page 27" href="http://viewer.zmags.com/publication/4c496222?page=27"> Letter from New Zealand Lisa Gray reflects on the</a> <a title="Economia OCTOBER 17 page 28" href="http://viewer.zmags.com/publication/4c496222?page=28"> "#, (' 2 ) #/ / </a> <a title="Economia OCTOBER 17 page 29" href="http://viewer.zmags.com/publication/4c496222?page=29"> individuals should pay a portion of their surplus</a> <a title="Economia OCTOBER 17 page 30" href="http://viewer.zmags.com/publication/4c496222?page=30"> Up to 68% of online carts are abandoned be</a> <a title="Economia OCTOBER 17 page 31" href="http://viewer.zmags.com/publication/4c496222?page=31"> INTERNATIONAL: IFRS Come together Encouraging mea</a> <a title="Economia OCTOBER 17 page 32" href="http://viewer.zmags.com/publication/4c496222?page=32"> D eveloping countri</a> <a title="Economia OCTOBER 17 page 33" href="http://viewer.zmags.com/publication/4c496222?page=33"> INTERNATIONAL: IFRS helping countries to devel</a> <a title="Economia OCTOBER 17 page 34" href="http://viewer.zmags.com/publication/4c496222?page=34"> INTERNATIONAL: IFRS “It's about moving the eco</a> <a title="Economia OCTOBER 17 page 35" href="http://viewer.zmags.com/publication/4c496222?page=35"> Anomalies don't always stand out A deeper view o</a> <a title="Economia OCTOBER 17 page 36" href="http://viewer.zmags.com/publication/4c496222?page=36"> 36</a> <a title="Economia OCTOBER 17 page 37" href="http://viewer.zmags.com/publication/4c496222?page=37"> ANDY GIBBS INTERVIEW BY AMY DUFF PHOTOGRAPHY BY </a> <a title="Economia OCTOBER 17 page 38" href="http://viewer.zmags.com/publication/4c496222?page=38"> “We continually invest in our data scientists. It</a> <a title="Economia OCTOBER 17 page 39" href="http://viewer.zmags.com/publication/4c496222?page=39"> `that's not the best way'. We're our harshest cri</a> <a title="Economia OCTOBER 17 page 40" href="http://viewer.zmags.com/publication/4c496222?page=40"> The creative industries generate a lot of wealth.</a> <a title="Economia OCTOBER 17 page 41" href="http://viewer.zmags.com/publication/4c496222?page=41"> CREATIVE INDUSTRIES and theatre – tha</a> <a title="Economia OCTOBER 17 page 42" href="http://viewer.zmags.com/publication/4c496222?page=42"> BE FIRST OFF THE LINE RELX (UK)</a> <a title="Economia OCTOBER 17 page 43" href="http://viewer.zmags.com/publication/4c496222?page=43"> “This idea people would expect an economic value </a> <a title="Economia OCTOBER 17 page 44" href="http://viewer.zmags.com/publication/4c496222?page=44"> CREATIVE INDUSTRIES cannot afford any complac</a> <a title="Economia OCTOBER 17 page 45" href="http://viewer.zmags.com/publication/4c496222?page=45"> Next issue November 2017 New sensation After</a> <a title="Economia OCTOBER 17 page 46" href="http://viewer.zmags.com/publication/4c496222?page=46"> ESTIMATION UNKNOWN The IAASB is causing a stir w</a> <a title="Economia OCTOBER 17 page 47" href="http://viewer.zmags.com/publication/4c496222?page=47"> PHOTOGRAPHY BY JOE BLOGGS WINDS OF CHANGE The ma</a> <a title="Economia OCTOBER 17 page 48" href="http://viewer.zmags.com/publication/4c496222?page=48"> assertion, line item and assessed risk in the fin</a> <a title="Economia OCTOBER 17 page 49" href="http://viewer.zmags.com/publication/4c496222?page=49"> PHOTOGRAPHY BY JOE BLOGGS The concepts in th</a> <a title="Economia OCTOBER 17 page 50" href="http://viewer.zmags.com/publication/4c496222?page=50"> No place like home Housing in the UK is now near </a> <a title="Economia OCTOBER 17 page 51" href="http://viewer.zmags.com/publication/4c496222?page=51"> T he UK's housing crisis boils down</a> <a title="Economia OCTOBER 17 page 52" href="http://viewer.zmags.com/publication/4c496222?page=52"> local authorities, faced with repeated cuts to th</a> <a title="Economia OCTOBER 17 page 53" href="http://viewer.zmags.com/publication/4c496222?page=53"> a 50% stake. The fund would invest £100bn over 10</a> <a title="Economia OCTOBER 17 page 54" href="http://viewer.zmags.com/publication/4c496222?page=54"> ઽ7KH*HRFKURQ®:RUOG&ORFN These handmade moving mas</a> <a title="Economia OCTOBER 17 page 55" href="http://viewer.zmags.com/publication/4c496222?page=55"> A DAY IN THE LIFE Monday Tuesday </a> <a title="Economia OCTOBER 17 page 56" href="http://viewer.zmags.com/publication/4c496222?page=56"> David Riley joined the Harbour Commission at Cowe</a> <a title="Economia OCTOBER 17 page 57" href="http://viewer.zmags.com/publication/4c496222?page=57"> ECONOMIA OCTOBER 2017 A DAY IN THE LIFE </a> <a title="Economia OCTOBER 17 page 58" href="http://viewer.zmags.com/publication/4c496222?page=58"> A DAY IN THE LIFE </a> <a title="Economia OCTOBER 17 page 59" href="http://viewer.zmags.com/publication/4c496222?page=59"> ACA Prospects: What's Next? </a> <a title="Economia OCTOBER 17 page 60" href="http://viewer.zmags.com/publication/4c496222?page=60"> LIVING UP TO THE HYPE 60 </a> <a title="Economia OCTOBER 17 page 61" href="http://viewer.zmags.com/publication/4c496222?page=61"> Blockchain was hailed as a panacea to myriad ills</a> <a title="Economia OCTOBER 17 page 62" href="http://viewer.zmags.com/publication/4c496222?page=62"> consortium. 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