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<br /> ISSUE 10 | NOVEMBER 2012 ICAEW.COM/ECONOMIA<br /> THE<br /> ENTERPRISE<br /> ISSUE<br /> SIR RICHARD BRANSON ON WHY<br /> ENTREPRENEURS CAN MEND<br /> THE GLOBAL ECONOMY<br /> ALTERNATIVE FINANCE | 25 TO WATCH | GETTING STARTED | MEASURES OF SUCCESS<br /> EXPERIENCE THE<br /> COMPANY CAR<br /> EQUIVALENT OF THE<br /> CORNER OFFICE.<br /> Individuality has its rewards and driving a Jaguar XJ is one of them.<br /> Its effortless combination of luxury, technology and performance is<br /> unmistakable. Lightweight aluminum construction and 8-speed<br /> automatic gearbox with Stop/Start technology offer you improved<br /> fuel efficiency and emissions of only 159g/km. The Jaguar XJ has yet<br /> another impressively low figure, its price per month is only £599*.<br /> To discover why there's no equivalent to driving<br /> the Jaguar XJ, speak to a corporate sales specialist<br /> on 084<a title="economia_Nov page 1" href="http://viewer.zmags.com/publication/8c7ae17d?page=1"> ISSUE 10 | NOVEMBER 2012 </a> <a title="economia_Nov page 2" href="http://viewer.zmags.com/publication/8c7ae17d?page=2"> EXPERIENCE THE COMPANY CAR EQUIVALENT OF THE CORN</a> <a title="economia_Nov page 3" href="http://viewer.zmags.com/publication/8c7ae17d?page=3"> There are lessons for us all in the confiden</a> <a title="economia_Nov page 4" href="http://viewer.zmags.com/publication/8c7ae17d?page=4"> </a> <a title="economia_Nov page 5" href="http://viewer.zmags.com/publication/8c7ae17d?page=5"> </a> <a title="economia_Nov page 6" href="http://viewer.zmags.com/publication/8c7ae17d?page=6"> LIKE YOU, WE'RE EXPERTS IN OUR FIELD In competit</a> <a title="economia_Nov page 7" href="http://viewer.zmags.com/publication/8c7ae17d?page=7"> ECONOMIA Contents November 2012 PLAYER CHARLOTT</a> <a title="economia_Nov page 8" href="http://viewer.zmags.com/publication/8c7ae17d?page=8"> ECONOMIA ICAEW in this issue Some of the expert</a> <a title="economia_Nov page 9" href="http://viewer.zmags.com/publication/8c7ae17d?page=9"> </a> <a title="economia_Nov page 10" href="http://viewer.zmags.com/publication/8c7ae17d?page=10"> INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS touch </a> <a title="economia_Nov page 11" href="http://viewer.zmags.com/publication/8c7ae17d?page=11"> ECONOMIA Contributors EDITORIAL ADVISORY BOARD </a> <a title="economia_Nov page 12" href="http://viewer.zmags.com/publication/8c7ae17d?page=12"> In review The stories that matter most from the m</a> <a title="economia_Nov page 13" href="http://viewer.zmags.com/publication/8c7ae17d?page=13"> THE AUDIT The month in numbers £</a> <a title="economia_Nov page 14" href="http://viewer.zmags.com/publication/8c7ae17d?page=14"> THE AUDIT Good news bad news Payday loa</a> <a title="economia_Nov page 15" href="http://viewer.zmags.com/publication/8c7ae17d?page=15"> </a> <a title="economia_Nov page 16" href="http://viewer.zmags.com/publication/8c7ae17d?page=16"> </a> <a title="economia_Nov page 17" href="http://viewer.zmags.com/publication/8c7ae17d?page=17"> THE AUDIT If I ruled the world Every month we a</a> <a title="economia_Nov page 18" href="http://viewer.zmags.com/publication/8c7ae17d?page=18"> THE AUDIT ICAEW news ICAEW Enterprise Surve</a> <a title="economia_Nov page 19" href="http://viewer.zmags.com/publication/8c7ae17d?page=19"> </a> <a title="economia_Nov page 20" href="http://viewer.zmags.com/publication/8c7ae17d?page=20"> EXPORT WEEK 12 to 16 November Planned to coincide</a> <a title="economia_Nov page 21" href="http://viewer.zmags.com/publication/8c7ae17d?page=21"> THE AUDIT As I </a> <a title="economia_Nov page 22" href="http://viewer.zmags.com/publication/8c7ae17d?page=22"> Tales from the front line Real stories from th</a> <a title="economia_Nov page 23" href="http://viewer.zmags.com/publication/8c7ae17d?page=23"> THE AUDIT LEONIE HAMPTON. WORDS: TINA NIELSEN e</a> <a title="economia_Nov page 24" href="http://viewer.zmags.com/publication/8c7ae17d?page=24"> Michael Izza Little things also mean a lot I </a> <a title="economia_Nov page 25" href="http://viewer.zmags.com/publication/8c7ae17d?page=25"> OPINION Email: economia@icaew.com twitter.com/ec</a> <a title="economia_Nov page 26" href="http://viewer.zmags.com/publication/8c7ae17d?page=26"> OPINION Jason Cowley Who can claim to speak for o</a> <a title="economia_Nov page 27" href="http://viewer.zmags.com/publication/8c7ae17d?page=27"> economia online icaew.com/economia Exclusive onli</a> <a title="economia_Nov page 28" href="http://viewer.zmags.com/publication/8c7ae17d?page=28"> OPINION Cathy Newman Conference call, armed polic</a> <a title="economia_Nov page 29" href="http://viewer.zmags.com/publication/8c7ae17d?page=29"> Tax intelligence from LexisNexis®</a> <a title="economia_Nov page 30" href="http://viewer.zmags.com/publication/8c7ae17d?page=30"> Michael Fallon Helping small businesses thrive S</a> <a title="economia_Nov page 31" href="http://viewer.zmags.com/publication/8c7ae17d?page=31"> OPINION Letter from America The land of build, ex</a> <a title="economia_Nov page 32" href="http://viewer.zmags.com/publication/8c7ae17d?page=32"> GLOBAL GO-GETTERS With jobs scarce and industries</a> <a title="economia_Nov page 33" href="http://viewer.zmags.com/publication/8c7ae17d?page=33"> INTERNATIONAL Main </a> <a title="economia_Nov page 34" href="http://viewer.zmags.com/publication/8c7ae17d?page=34"> INTERNATIONAL 40% of the market you</a> <a title="economia_Nov page 35" href="http://viewer.zmags.com/publication/8c7ae17d?page=35"> ADVERTISEMENT FEATURE CHARLOTTE PLAYER PEOPLE B</a> <a title="economia_Nov page 36" href="http://viewer.zmags.com/publication/8c7ae17d?page=36"> Croatia AT A GLANCE Croatia's history has left th</a> <a title="economia_Nov page 37" href="http://viewer.zmags.com/publication/8c7ae17d?page=37"> INTERNATIONAL </a> <a title="economia_Nov page 38" href="http://viewer.zmags.com/publication/8c7ae17d?page=38"> </a> <a title="economia_Nov page 39" href="http://viewer.zmags.com/publication/8c7ae17d?page=39"> SUPPORTED BY </a> <a title="economia_Nov page 40" href="http://viewer.zmags.com/publication/8c7ae17d?page=40"> E ven as the UK b</a> <a title="economia_Nov page 41" href="http://viewer.zmags.com/publication/8c7ae17d?page=41"> Managers' Index painted a largely positive pictur</a> <a title="economia_Nov page 42" href="http://viewer.zmags.com/publication/8c7ae17d?page=42"> increased their investment in plant, machinery an</a> <a title="economia_Nov page 43" href="http://viewer.zmags.com/publication/8c7ae17d?page=43"> REGIONAL ROUND-UP “Our clients are te</a> <a title="economia_Nov page 44" href="http://viewer.zmags.com/publication/8c7ae17d?page=44"> CHARLOTTE PLAYER</a> <a title="economia_Nov page 45" href="http://viewer.zmags.com/publication/8c7ae17d?page=45"> THE ENTERPRISE ISSUE From one of the world</a> <a title="economia_Nov page 46" href="http://viewer.zmags.com/publication/8c7ae17d?page=46"> Sir Richard Branson reveals to Sophie Mei Lan wha</a> <a title="economia_Nov page 47" href="http://viewer.zmags.com/publication/8c7ae17d?page=47"> THE ENTERPRISE ISSUE “Make a difference.</a> <a title="economia_Nov page 48" href="http://viewer.zmags.com/publication/8c7ae17d?page=48"> group of eminent global leaders and see what they</a> <a title="economia_Nov page 49" href="http://viewer.zmags.com/publication/8c7ae17d?page=49"> A reminder that starting from October 2012, all e</a> <a title="economia_Nov page 50" href="http://viewer.zmags.com/publication/8c7ae17d?page=50"> 20 start-ups making waves, and five inspirational</a> <a title="economia_Nov page 51" href="http://viewer.zmags.com/publication/8c7ae17d?page=51"> THE ENTERPRISE ISSUE WHITES OF THEI</a> <a title="economia_Nov page 52" href="http://viewer.zmags.com/publication/8c7ae17d?page=52"> GOOD MIXERS Helen McAvoy, Naomi Kibble, co-founde</a> <a title="economia_Nov page 53" href="http://viewer.zmags.com/publication/8c7ae17d?page=53"> THE ENTERPRISE ISSUE </a> <a title="economia_Nov page 54" href="http://viewer.zmags.com/publication/8c7ae17d?page=54"> THE RUSSIAN GOOGLE? Arkady Volozh, co-founder and</a> <a title="economia_Nov page 55" href="http://viewer.zmags.com/publication/8c7ae17d?page=55"> THE ENTERPRISE ISSUE WHO INSPIRE T</a> <a title="economia_Nov page 56" href="http://viewer.zmags.com/publication/8c7ae17d?page=56"> When traditional finance isn't available, entrepr</a> <a title="economia_Nov page 57" href="http://viewer.zmags.com/publication/8c7ae17d?page=57"> THE ENTERPRISE ISSUE £50m Am</a> <a title="economia_Nov page 58" href="http://viewer.zmags.com/publication/8c7ae17d?page=58"> What makes someone an entrepreneur, and what moti</a> <a title="economia_Nov page 59" href="http://viewer.zmags.com/publication/8c7ae17d?page=59"> THE ENTERPRISE ISSUE hence the cur</a> <a title="economia_Nov page 60" href="http://viewer.zmags.com/publication/8c7ae17d?page=60"> PASSION OF THE SERIAL ENTREPRENEUR Paul Jenkins</a> <a title="economia_Nov page 61" href="http://viewer.zmags.com/publication/8c7ae17d?page=61"> THE ENTERPRISE ISSUE processes and </a> <a title="economia_Nov page 62" href="http://viewer.zmags.com/publication/8c7ae17d?page=62"> T here are lots of challenges invo</a> <a title="economia_Nov page 63" href="http://viewer.zmags.com/publication/8c7ae17d?page=63"> THE ENTERPRISE ISSUE </a> <a title="economia_Nov page 64" href="http://viewer.zmags.com/publication/8c7ae17d?page=64"> A good accountant can make or break a new busin</a> <a title="economia_Nov page 65" href="http://viewer.zmags.com/publication/8c7ae17d?page=65"> THE ENTERPRISE ISSUE The following agreed w</a> <a title="economia_Nov page 66" href="http://viewer.zmags.com/publication/8c7ae17d?page=66"> Can you really learn business from a book? Penelo</a> <a title="economia_Nov page 67" href="http://viewer.zmags.com/publication/8c7ae17d?page=67"> THE ENTERPRISE ISSUE THE </a> <a title="economia_Nov page 68" href="http://viewer.zmags.com/publication/8c7ae17d?page=68"> Youthful enterprise could be the salvation </a> <a title="economia_Nov page 69" href="http://viewer.zmags.com/publication/8c7ae17d?page=69"> THE ENTERPRISE ISSUE make their id</a> <a title="economia_Nov page 70" href="http://viewer.zmags.com/publication/8c7ae17d?page=70"> Simon Palmer is a man with a vision. Peter Taylor</a> <a title="economia_Nov page 71" href="http://viewer.zmags.com/publication/8c7ae17d?page=71"> THE ENTERPRISE ISSUE </a> <a title="economia_Nov page 72" href="http://viewer.zmags.com/publication/8c7ae17d?page=72"> SPONSORED FEATURE LIVING WITH DEFINED BENEFIT PEN</a> <a title="economia_Nov page 73" href="http://viewer.zmags.com/publication/8c7ae17d?page=73"> SUPPORTED BY FOR CHART 1 AND 2 AUDIENCE: SENIOR F</a> <a title="economia_Nov page 74" href="http://viewer.zmags.com/publication/8c7ae17d?page=74"> Advertisement </a> <a title="economia_Nov page 75" href="http://viewer.zmags.com/publication/8c7ae17d?page=75"> BRIEFING Briefing Audit tender, listing rules </a> <a title="economia_Nov page 76" href="http://viewer.zmags.com/publication/8c7ae17d?page=76"> BRIEFING Growth, money-laundering and a new bu</a> <a title="economia_Nov page 77" href="http://viewer.zmags.com/publication/8c7ae17d?page=77"> UPDATES The bank will operate</a> <a title="economia_Nov page 78" href="http://viewer.zmags.com/publication/8c7ae17d?page=78"> BRIEFING All the small things It's tough o</a> <a title="economia_Nov page 79" href="http://viewer.zmags.com/publication/8c7ae17d?page=79"> RISK MANAGEMENT SUCCESSION PLANNING IS KEY </a> <a title="economia_Nov page 80" href="http://viewer.zmags.com/publication/8c7ae17d?page=80"> BRIEFING Define your terms more equi</a> <a title="economia_Nov page 81" href="http://viewer.zmags.com/publication/8c7ae17d?page=81"> PENSIONS “Regulation </a> <a title="economia_Nov page 82" href="http://viewer.zmags.com/publication/8c7ae17d?page=82"> BRIEFING Seeing the wood for the trees Fina</a> <a title="economia_Nov page 83" href="http://viewer.zmags.com/publication/8c7ae17d?page=83"> FINANCIAL REPORTING PRINCE HAT for Business, In</a> <a title="economia_Nov page 84" href="http://viewer.zmags.com/publication/8c7ae17d?page=84"> BRIEFING A severe reprimand, a public censure </a> <a title="economia_Nov page 85" href="http://viewer.zmags.com/publication/8c7ae17d?page=85"> DISCIPLINARIES Report listings The report</a> <a title="economia_Nov page 86" href="http://viewer.zmags.com/publication/8c7ae17d?page=86"> Prepare for your year-end SAVE</a> <a title="economia_Nov page 87" href="http://viewer.zmags.com/publication/8c7ae17d?page=87"> Life “Who'd think an accountant would turn out to</a> <a title="economia_Nov page 88" href="http://viewer.zmags.com/publication/8c7ae17d?page=88"> HEROES OF THE SILVER SCREEN Bespectacled geeks, s</a> <a title="economia_Nov page 89" href="http://viewer.zmags.com/publication/8c7ae17d?page=89"> LIFE bring a mild-mannered </a> <a title="economia_Nov page 90" href="http://viewer.zmags.com/publication/8c7ae17d?page=90"> M BARBOUR W</a> <a title="economia_Nov page 91" href="http://viewer.zmags.com/publication/8c7ae17d?page=91"> LIFE INNOVATIVE EATING Our guest editors</a> <a title="economia_Nov page 92" href="http://viewer.zmags.com/publication/8c7ae17d?page=92"> Recruitment To advertise your vacancies please</a> <a title="economia_Nov page 93" href="http://viewer.zmags.com/publication/8c7ae17d?page=93"> RECRUITMENT YOUR NEXT BIG MOVE IN FINANCE SHARE</a> <a title="economia_Nov page 94" href="http://viewer.zmags.com/publication/8c7ae17d?page=94"> wins the award for Recruit</a> <a title="economia_Nov page 95" href="http://viewer.zmags.com/publication/8c7ae17d?page=95"> RECRUITMENT MARKET SPECIALISATIONS INCLUDE: </a> <a title="economia_Nov page 96" href="http://viewer.zmags.com/publication/8c7ae17d?page=96"> BUSINESS DIRECTORY To advertise within the Busin</a> <a title="economia_Nov page 97" href="http://viewer.zmags.com/publication/8c7ae17d?page=97"> BUSINESS DIRECTORY &+. ** ċ !**5Į,.+#.!//%2! </a> <a title="economia_Nov page 98" href="http://viewer.zmags.com/publication/8c7ae17d?page=98"> LIFE LIFE AFTER WO</a> <a title="economia_Nov page 99" href="http://viewer.zmags.com/publication/8c7ae17d?page=99"> 22 / 23 NOVEMBER OLYMPIA, LONDON ACCOUNTEX 2012 </a> <a title="economia_Nov page 100" href="http://viewer.zmags.com/publication/8c7ae17d?page=100"> </a>