<br />
INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS<br />
ISSUE 5 | JUNE 2012 | ICAEW.COM/ECONOMIA<br />
MARK SPOFFORTH LINDA HOLBECHE JOHN STUTTARD JONATHAN LOYNES<br />
ROBERT CHOTE DAVID DODDS CATHY NEWMAN REGINALD WYNNIATT-HUSEY<br />
CLASS ACT<br />
KPMG CHAIRMAN JOHN GRIFFITH-JONES EXPLAINS WHY<br />
AUDIT QUALITY IS BETTER NOW THAN EVER<br />
EUROZONE TAXES | FOOTBALL FINANCE | CYPRUS REPORT | STARTING A PRACTICE<br />
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INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS<br />
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Unless we act now, the real<br />
crisis is still to come<br />
European politics is in a state of fl<a title="economia_JUNE page 1" href="http://viewer.zmags.com/publication/9cbfae6f?page=1"> INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS </a>
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<a title="economia_JUNE page 4" href="http://viewer.zmags.com/publication/9cbfae6f?page=4"> online INTELLIGENCE AND INSIGHT FOR ICAEW MEMBERS</a>
<a title="economia_JUNE page 5" href="http://viewer.zmags.com/publication/9cbfae6f?page=5"> Unless we act now, the real crisis i</a>
<a title="economia_JUNE page 6" href="http://viewer.zmags.com/publication/9cbfae6f?page=6"> members only FREE METALLIC PAINT AND UP TO 20.5% </a>
<a title="economia_JUNE page 7" href="http://viewer.zmags.com/publication/9cbfae6f?page=7"> ECONOMIA Contents June 2012 PHILIP SINDEN </a>
<a title="economia_JUNE page 8" href="http://viewer.zmags.com/publication/9cbfae6f?page=8"> Contributors EDITORIAL ADVISORY BOARD Chair: Ar</a>
<a title="economia_JUNE page 9" href="http://viewer.zmags.com/publication/9cbfae6f?page=9"> ECONOMIA economia online icaew.com/economia The</a>
<a title="economia_JUNE page 10" href="http://viewer.zmags.com/publication/9cbfae6f?page=10"> In review The stories that matter most from the m</a>
<a title="economia_JUNE page 11" href="http://viewer.zmags.com/publication/9cbfae6f?page=11"> THE AUDIT GADGET OF THE MONTH Pantech Xxxxxxx</a>
<a title="economia_JUNE page 12" href="http://viewer.zmags.com/publication/9cbfae6f?page=12"> Good news bad news Bruce Dickinson, the f</a>
<a title="economia_JUNE page 13" href="http://viewer.zmags.com/publication/9cbfae6f?page=13"> THE AUDIT Talking point Can IFRS give a true </a>
<a title="economia_JUNE page 14" href="http://viewer.zmags.com/publication/9cbfae6f?page=14"> THE AUDIT The graph New car sales Germany and Ame</a>
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<a title="economia_JUNE page 18" href="http://viewer.zmags.com/publication/9cbfae6f?page=18"> EVENTS TO LOOK OUT FOR IFRS UPDATE WEBINAR 27 Jun</a>
<a title="economia_JUNE page 19" href="http://viewer.zmags.com/publication/9cbfae6f?page=19"> THE AUDIT If I ruled the world Every month w</a>
<a title="economia_JUNE page 20" href="http://viewer.zmags.com/publication/9cbfae6f?page=20"> Tales from the front line Real stories from th</a>
<a title="economia_JUNE page 21" href="http://viewer.zmags.com/publication/9cbfae6f?page=21"> THE AUDIT “The traditional view of an accountant </a>
<a title="economia_JUNE page 22" href="http://viewer.zmags.com/publication/9cbfae6f?page=22"> Michael Izza Unlocking liquidity O </a>
<a title="economia_JUNE page 23" href="http://viewer.zmags.com/publication/9cbfae6f?page=23"> OPINION Email: economia@icaew.com twitter.com/eco</a>
<a title="economia_JUNE page 24" href="http://viewer.zmags.com/publication/9cbfae6f?page=24"> OPINION Robert Chote A framework for stability T</a>
<a title="economia_JUNE page 25" href="http://viewer.zmags.com/publication/9cbfae6f?page=25"> qu_lific_ _ions We can fill the skills gap in you</a>
<a title="economia_JUNE page 26" href="http://viewer.zmags.com/publication/9cbfae6f?page=26"> Jason Cowley Crisis of confidence for the coaliti</a>
<a title="economia_JUNE page 27" href="http://viewer.zmags.com/publication/9cbfae6f?page=27"> OPINION Cathy Newman Drivers' pay, board members </a>
<a title="economia_JUNE page 28" href="http://viewer.zmags.com/publication/9cbfae6f?page=28"> Linda Holbeche Engaged employees equal business s</a>
<a title="economia_JUNE page 29" href="http://viewer.zmags.com/publication/9cbfae6f?page=29"> OPINION Letter from America Mitt Romney: the exec</a>
<a title="economia_JUNE page 30" href="http://viewer.zmags.com/publication/9cbfae6f?page=30"> CYPRUS THRILL With an enviable financial set-up, </a>
<a title="economia_JUNE page 31" href="http://viewer.zmags.com/publication/9cbfae6f?page=31"> INTERNATIONAL </a>
<a title="economia_JUNE page 32" href="http://viewer.zmags.com/publication/9cbfae6f?page=32"> INTERNATIONAL CYPRUS: BUSINESS FACTS </a>
<a title="economia_JUNE page 33" href="http://viewer.zmags.com/publication/9cbfae6f?page=33"> CYPRUS: A Dynamic International Business and Fina</a>
<a title="economia_JUNE page 34" href="http://viewer.zmags.com/publication/9cbfae6f?page=34"> MALAYSIA Malaysia AT A GLANCE With a buoyant eco</a>
<a title="economia_JUNE page 35" href="http://viewer.zmags.com/publication/9cbfae6f?page=35"> MALAYSIA NOMADIC SAMUEL ALL THE PEOPLE The Mala</a>
<a title="economia_JUNE page 36" href="http://viewer.zmags.com/publication/9cbfae6f?page=36"> PHILIP SINDEN 36 </a>
<a title="economia_JUNE page 37" href="http://viewer.zmags.com/publication/9cbfae6f?page=37"> PROFILE WATCHDOG NOT BLOODHOUND John Griffith-J</a>
<a title="economia_JUNE page 38" href="http://viewer.zmags.com/publication/9cbfae6f?page=38"> not impossible, to do an audit at reasonable expe</a>
<a title="economia_JUNE page 39" href="http://viewer.zmags.com/publication/9cbfae6f?page=39"> PROFILE “There is a degree of hones</a>
<a title="economia_JUNE page 40" href="http://viewer.zmags.com/publication/9cbfae6f?page=40"> Going PUBLIC It's a common assumption that the pu</a>
<a title="economia_JUNE page 41" href="http://viewer.zmags.com/publication/9cbfae6f?page=41"> PUBLIC SPENDING </a>
<a title="economia_JUNE page 42" href="http://viewer.zmags.com/publication/9cbfae6f?page=42"> created by an elected mayor, Jules Pipe, who has </a>
<a title="economia_JUNE page 43" href="http://viewer.zmags.com/publication/9cbfae6f?page=43"> PUBLIC SPENDING “In the private sector if you cu</a>
<a title="economia_JUNE page 44" href="http://viewer.zmags.com/publication/9cbfae6f?page=44"> </a>
<a title="economia_JUNE page 45" href="http://viewer.zmags.com/publication/9cbfae6f?page=45"> GROWTH SUPPORTING MEDIUM-SIZED BUSINESSES </a>
<a title="economia_JUNE page 46" href="http://viewer.zmags.com/publication/9cbfae6f?page=46"> who want dual fuel, buying electricity from home </a>
<a title="economia_JUNE page 47" href="http://viewer.zmags.com/publication/9cbfae6f?page=47"> GROWTH ANDREW CLEVERLY economia JUNE 2012 </a>
<a title="economia_JUNE page 48" href="http://viewer.zmags.com/publication/9cbfae6f?page=48"> is to enforce stringent cash control. You could h</a>
<a title="economia_JUNE page 49" href="http://viewer.zmags.com/publication/9cbfae6f?page=49"> GROWTH GROWTH </a>
<a title="economia_JUNE page 50" href="http://viewer.zmags.com/publication/9cbfae6f?page=50"> Held back by a currency they can't control but da</a>
<a title="economia_JUNE page 51" href="http://viewer.zmags.com/publication/9cbfae6f?page=51"> EURO CRISIS M</a>
<a title="economia_JUNE page 52" href="http://viewer.zmags.com/publication/9cbfae6f?page=52"> has the added benefit of reducing consumption and</a>
<a title="economia_JUNE page 53" href="http://viewer.zmags.com/publication/9cbfae6f?page=53"> EURO CRISIS Fa</a>
<a title="economia_JUNE page 54" href="http://viewer.zmags.com/publication/9cbfae6f?page=54"> NEITHER A LENDER NOR A BORROWER BE Small busines</a>
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<a title="economia_JUNE page 60" href="http://viewer.zmags.com/publication/9cbfae6f?page=60"> Football in Britain is big business – but it's al</a>
<a title="economia_JUNE page 61" href="http://viewer.zmags.com/publication/9cbfae6f?page=61"> ARTEM KILOMEICHUK F ootball's mul</a>
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