If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> INTELLIGENCE AND INSIGHT<br /> MARCH 2016 | ICAEW.COM/ECONOMIA ACCOUNTANCY | FINANCE | BUSINESS<br /> Five<br /> years<br /> What does the<br /> immediate future<br /> hold for the EU?<br /> And so<br /> to business<br /> The positives of<br /> joining an in-house<br /> finance team<br /> History<br /> man<br /> After 25 years at the United<br /> Nations, Amir Dossal reflects<br /> on how accountants influence<br /> the world around them<br /> 5 questions<br /> DB<br /> about your<br /> scheme<br /> Call the experts on<br /> 0113 394 2686<br /> DBcomplete8@tpt.org.uk<br /> www.tpt.org.uk/DB-Complete<br /> DB Complete, fully bundled DB service under a Master Trust<br /> Less to do – Less to pay – Less to worry about<br /> 70 years' experience with over £7billion assets under management<br /> The next four years<br /> are going to be tough<br /> for the UK economy,<br /> <a title="Economia MARCH 16 page 1" href="http://viewer.zmags.com/publication/d930e62b?page=1"> INTELLIGENCE AND INSIGHT MARCH 2016 | </a> <a title="Economia MARCH 16 page 2" href="http://viewer.zmags.com/publication/d930e62b?page=2"> 5 questions DB about your scheme Call the ex</a> <a title="Economia MARCH 16 page 3" href="http://viewer.zmags.com/publication/d930e62b?page=3"> The next four years are going to be tough for the</a> <a title="Economia MARCH 16 page 4" href="http://viewer.zmags.com/publication/d930e62b?page=4"> </a> <a title="Economia MARCH 16 page 5" href="http://viewer.zmags.com/publication/d930e62b?page=5"> THE NEW MINI COOPER D CLUBMAN. MONTHLY RENTALS FR</a> <a title="Economia MARCH 16 page 6" href="http://viewer.zmags.com/publication/d930e62b?page=6"> ICAEW in this issue “We've seen significant impro</a> <a title="Economia MARCH 16 page 7" href="http://viewer.zmags.com/publication/d930e62b?page=7"> 32 COVER SHOOT: ETHAN HILL There is more technic</a> <a title="Economia MARCH 16 page 8" href="http://viewer.zmags.com/publication/d930e62b?page=8"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA (ch</a> <a title="Economia MARCH 16 page 9" href="http://viewer.zmags.com/publication/d930e62b?page=9"> A BUSINESS SENSE OF ADVENTURE. </a> <a title="Economia MARCH 16 page 10" href="http://viewer.zmags.com/publication/d930e62b?page=10"> In review THE INTERNATIONAL PICTURE 49.4 Purchasi</a> <a title="Economia MARCH 16 page 11" href="http://viewer.zmags.com/publication/d930e62b?page=11"> THE AUDIT +11.5% -17.</a> <a title="Economia MARCH 16 page 12" href="http://viewer.zmags.com/publication/d930e62b?page=12"> Because a healthy, happy team adds up Because </a> <a title="Economia MARCH 16 page 13" href="http://viewer.zmags.com/publication/d930e62b?page=13"> THE AUDIT HASBRO The toy manufactur</a> <a title="Economia MARCH 16 page 14" href="http://viewer.zmags.com/publication/d930e62b?page=14"> THE AUDIT Data: WGA £MARCH2014 1.302bn </a> <a title="Economia MARCH 16 page 15" href="http://viewer.zmags.com/publication/d930e62b?page=15"> </a> <a title="Economia MARCH 16 page 16" href="http://viewer.zmags.com/publication/d930e62b?page=16"> THE AUDIT The big read It's a crowded mark</a> <a title="Economia MARCH 16 page 17" href="http://viewer.zmags.com/publication/d930e62b?page=17"> </a> <a title="Economia MARCH 16 page 18" href="http://viewer.zmags.com/publication/d930e62b?page=18"> As I see it Karen Thompson is a partner in the No</a> <a title="Economia MARCH 16 page 19" href="http://viewer.zmags.com/publication/d930e62b?page=19"> A secure way to increase retirement income – Stat</a> <a title="Economia MARCH 16 page 20" href="http://viewer.zmags.com/publication/d930e62b?page=20"> 20 </a> <a title="Economia MARCH 16 page 21" href="http://viewer.zmags.com/publication/d930e62b?page=21"> THE AUDIT W hen I</a> <a title="Economia MARCH 16 page 22" href="http://viewer.zmags.com/publication/d930e62b?page=22"> DEAR GEORGE ICAEW is urging George Osborne to put</a> <a title="Economia MARCH 16 page 23" href="http://viewer.zmags.com/publication/d930e62b?page=23"> THE AUDIT From the top PHOTOGRAPHY: DOMINICK TY</a> <a title="Economia MARCH 16 page 24" href="http://viewer.zmags.com/publication/d930e62b?page=24"> Michael Izza “How much transparency are we willi</a> <a title="Economia MARCH 16 page 25" href="http://viewer.zmags.com/publication/d930e62b?page=25"> OPINION twitter.com/economiamag · face</a> <a title="Economia MARCH 16 page 26" href="http://viewer.zmags.com/publication/d930e62b?page=26"> OPINION Jason Cowley “As this is my final c</a> <a title="Economia MARCH 16 page 27" href="http://viewer.zmags.com/publication/d930e62b?page=27"> Switched on. Hidden talents are no good to anyone</a> <a title="Economia MARCH 16 page 28" href="http://viewer.zmags.com/publication/d930e62b?page=28"> Keyu Jin “China's problem is not that it is in t</a> <a title="Economia MARCH 16 page 29" href="http://viewer.zmags.com/publication/d930e62b?page=29"> OPINION Sony Kapoor “Huge potential exists </a> <a title="Economia MARCH 16 page 30" href="http://viewer.zmags.com/publication/d930e62b?page=30"> Harold James “Weakening oil prices undermine the</a> <a title="Economia MARCH 16 page 31" href="http://viewer.zmags.com/publication/d930e62b?page=31"> OPINION Nouriel Roubini “The world economy </a> <a title="Economia MARCH 16 page 32" href="http://viewer.zmags.com/publication/d930e62b?page=32"> “People are beginning to realise that today's cha</a> <a title="Economia MARCH 16 page 33" href="http://viewer.zmags.com/publication/d930e62b?page=33"> COVER STORY AMIR DOSSAL </a> <a title="Economia MARCH 16 page 34" href="http://viewer.zmags.com/publication/d930e62b?page=34"> A mir Dossal is a man with history. While most of</a> <a title="Economia MARCH 16 page 35" href="http://viewer.zmags.com/publication/d930e62b?page=35"> lawyer, because I am not very articulate. When I </a> <a title="Economia MARCH 16 page 36" href="http://viewer.zmags.com/publication/d930e62b?page=36"> COVER STORY AMIR DOSSAL philanthropy” and </a> <a title="Economia MARCH 16 page 37" href="http://viewer.zmags.com/publication/d930e62b?page=37"> the icaew has driven a great deal SO YOU CAN DRI</a> <a title="Economia MARCH 16 page 38" href="http://viewer.zmags.com/publication/d930e62b?page=38"> The European Union has proved itself nothing if n</a> <a title="Economia MARCH 16 page 39" href="http://viewer.zmags.com/publication/d930e62b?page=39"> Diana Wallis When looking forward to where the EU</a> <a title="Economia MARCH 16 page 40" href="http://viewer.zmags.com/publication/d930e62b?page=40"> Steven Macklo</a> <a title="Economia MARCH 16 page 41" href="http://viewer.zmags.com/publication/d930e62b?page=41"> “The real question is whether the EU will exist a</a> <a title="Economia MARCH 16 page 42" href="http://viewer.zmags.com/publication/d930e62b?page=42"> 42 </a> <a title="Economia MARCH 16 page 43" href="http://viewer.zmags.com/publication/d930e62b?page=43"> EMPLOYEE OWNERSHIP </a> <a title="Economia MARCH 16 page 44" href="http://viewer.zmags.com/publication/d930e62b?page=44"> company's Indian subsidiary) to become a GLIDE sh</a> <a title="Economia MARCH 16 page 45" href="http://viewer.zmags.com/publication/d930e62b?page=45"> run structure that dominates professional service</a> <a title="Economia MARCH 16 page 46" href="http://viewer.zmags.com/publication/d930e62b?page=46"> </a> <a title="Economia MARCH 16 page 47" href="http://viewer.zmags.com/publication/d930e62b?page=47"> CAREER DEVELOPMENT 9.9% are looking to cha</a> <a title="Economia MARCH 16 page 48" href="http://viewer.zmags.com/publication/d930e62b?page=48"> W hether it was all</a> <a title="Economia MARCH 16 page 49" href="http://viewer.zmags.com/publication/d930e62b?page=49"> “As people look to reposition their teams from a </a> <a title="Economia MARCH 16 page 50" href="http://viewer.zmags.com/publication/d930e62b?page=50"> different clients within practice. Simon Wright, </a> <a title="Economia MARCH 16 page 51" href="http://viewer.zmags.com/publication/d930e62b?page=51"> CAREER DEVELOPMENT qualification is c</a> <a title="Economia MARCH 16 page 52" href="http://viewer.zmags.com/publication/d930e62b?page=52"> Does recycling make economic sense? YES </a> <a title="Economia MARCH 16 page 53" href="http://viewer.zmags.com/publication/d930e62b?page=53"> DEBATE YES Natalie Bennett </a> <a title="Economia MARCH 16 page 54" href="http://viewer.zmags.com/publication/d930e62b?page=54"> Fighting Expenses & Card Fraud 0†v;o=olr-m‹u;7b</a> <a title="Economia MARCH 16 page 55" href="http://viewer.zmags.com/publication/d930e62b?page=55"> A DAY IN THE LIFE Saturday Sunday </a> <a title="Economia MARCH 16 page 56" href="http://viewer.zmags.com/publication/d930e62b?page=56"> HOW I CHANGED CAREER At KPMG we always used to go</a> <a title="Economia MARCH 16 page 57" href="http://viewer.zmags.com/publication/d930e62b?page=57"> “You can't build a brand backwards, you have to b</a> <a title="Economia MARCH 16 page 58" href="http://viewer.zmags.com/publication/d930e62b?page=58"> DAY IN THE LIFE You can't build a bran</a> <a title="Economia MARCH 16 page 59" href="http://viewer.zmags.com/publication/d930e62b?page=59"> SPONSORED FEATURE Hold on to that idea A</a> <a title="Economia MARCH 16 page 60" href="http://viewer.zmags.com/publication/d930e62b?page=60"> 60 </a> <a title="Economia MARCH 16 page 61" href="http://viewer.zmags.com/publication/d930e62b?page=61"> FUTURE ACCOUNTING As the need fo</a> <a title="Economia MARCH 16 page 62" href="http://viewer.zmags.com/publication/d930e62b?page=62"> </a> <a title="Economia MARCH 16 page 63" href="http://viewer.zmags.com/publication/d930e62b?page=63"> “It's a case of adapt or die: finding a niche, pr</a> <a title="Economia MARCH 16 page 64" href="http://viewer.zmags.com/publication/d930e62b?page=64"> HOW WHOLE OF GOVERNMENT ACCOUNTS IMPROVES PUBLIC </a> <a title="Economia MARCH 16 page 65" href="http://viewer.zmags.com/publication/d930e62b?page=65"> THE ECONOMIA ESSAY When com</a> <a title="Economia MARCH 16 page 66" href="http://viewer.zmags.com/publication/d930e62b?page=66"> CAREER IN A NUTSHELL 2015-present Audit senior in</a> <a title="Economia MARCH 16 page 67" href="http://viewer.zmags.com/publication/d930e62b?page=67"> MEMBER PROFILE LILIA MOUHOUBI E </a> <a title="Economia MARCH 16 page 68" href="http://viewer.zmags.com/publication/d930e62b?page=68"> Bigger, better, harder, stronger Annual reports </a> <a title="Economia MARCH 16 page 69" href="http://viewer.zmags.com/publication/d930e62b?page=69"> TECHNICAL ANNUAL REPORTS This is</a> <a title="Economia MARCH 16 page 70" href="http://viewer.zmags.com/publication/d930e62b?page=70"> Keeping an eye on quality The Financial Report</a> <a title="Economia MARCH 16 page 71" href="http://viewer.zmags.com/publication/d930e62b?page=71"> TECHNICAL AUDIT QUALITY cause analys</a> <a title="Economia MARCH 16 page 72" href="http://viewer.zmags.com/publication/d930e62b?page=72"> The power of information Despite the challenge</a> <a title="Economia MARCH 16 page 73" href="http://viewer.zmags.com/publication/d930e62b?page=73"> TECHNICAL AUDIT INSIGHTS: INSURANCE “</a> <a title="Economia MARCH 16 page 74" href="http://viewer.zmags.com/publication/d930e62b?page=74"> Tiffin Green: Going the distance Continuity is k</a> <a title="Economia MARCH 16 page 75" href="http://viewer.zmags.com/publication/d930e62b?page=75"> TECHNICAL PRACTICE PROFILE LESSONS LEARNED </a> <a title="Economia MARCH 16 page 76" href="http://viewer.zmags.com/publication/d930e62b?page=76"> Our at-a-glance guide to the latest measures prac</a> <a title="Economia MARCH 16 page 77" href="http://viewer.zmags.com/publication/d930e62b?page=77"> Financial Statements Prepared in Accordance with </a> <a title="Economia MARCH 16 page 78" href="http://viewer.zmags.com/publication/d930e62b?page=78"> the correct amount. It explains what happens duri</a> <a title="Economia MARCH 16 page 79" href="http://viewer.zmags.com/publication/d930e62b?page=79"> TECHNICAL UPDATES extensiv</a> <a title="Economia MARCH 16 page 80" href="http://viewer.zmags.com/publication/d930e62b?page=80"> TECHNICAL UPDATES ultimate</a> <a title="Economia MARCH 16 page 81" href="http://viewer.zmags.com/publication/d930e62b?page=81"> SPONSORED FEATURE THE BATTLE AGAINST CORRUPTI</a> <a title="Economia MARCH 16 page 82" href="http://viewer.zmags.com/publication/d930e62b?page=82"> news and views. economia online has all the news </a> <a title="Economia MARCH 16 page 83" href="http://viewer.zmags.com/publication/d930e62b?page=83"> Life reviews/food/people GALLERYSTOCK this mont</a> <a title="Economia MARCH 16 page 84" href="http://viewer.zmags.com/publication/d930e62b?page=84"> Life interiors PHOTOGRAPHY: DAN BURN-FORTI 84 </a> <a title="Economia MARCH 16 page 85" href="http://viewer.zmags.com/publication/d930e62b?page=85"> How the creative half live Three leading designer</a> <a title="Economia MARCH 16 page 86" href="http://viewer.zmags.com/publication/d930e62b?page=86"> 86 </a> <a title="Economia MARCH 16 page 87" href="http://viewer.zmags.com/publication/d930e62b?page=87"> Lee Thornley, creative director and founder, Bert</a> <a title="Economia MARCH 16 page 88" href="http://viewer.zmags.com/publication/d930e62b?page=88"> “Brown is cool again and we're also seeing a lot </a> <a title="Economia MARCH 16 page 89" href="http://viewer.zmags.com/publication/d930e62b?page=89"> </a> <a title="Economia MARCH 16 page 90" href="http://viewer.zmags.com/publication/d930e62b?page=90"> Life in review ART </a> <a title="Economia MARCH 16 page 91" href="http://viewer.zmags.com/publication/d930e62b?page=91"> Easter isn't all about eggs. And, with colour gui</a> <a title="Economia MARCH 16 page 92" href="http://viewer.zmags.com/publication/d930e62b?page=92"> </a> <a title="Economia MARCH 16 page 93" href="http://viewer.zmags.com/publication/d930e62b?page=93"> International GAAP® 2016 The global perspective </a> <a title="Economia MARCH 16 page 94" href="http://viewer.zmags.com/publication/d930e62b?page=94"> RECRUITMENT icaewjobs@icaew.com </a> <a title="Economia MARCH 16 page 95" href="http://viewer.zmags.com/publication/d930e62b?page=95"> ઽ7KH*HRFKURQ®:RUOG&ORFN These handmade moving mas</a> <a title="Economia MARCH 16 page 96" href="http://viewer.zmags.com/publication/d930e62b?page=96"> DIRECTORY ACCOUNTING SOFTWARE 120,60$ $&&</a> <a title="Economia MARCH 16 page 97" href="http://viewer.zmags.com/publication/d930e62b?page=97"> MIRAJ VYAS miraj.vyas@progressivecontent.com +44 </a> <a title="Economia MARCH 16 page 98" href="http://viewer.zmags.com/publication/d930e62b?page=98"> Life after work </a> <a title="Economia MARCH 16 page 99" href="http://viewer.zmags.com/publication/d930e62b?page=99"> SME Annual Conference 2016 </a> <a title="Economia MARCH 16 page 100" href="http://viewer.zmags.com/publication/d930e62b?page=100"> SPECIALLY NEGOTIATED DISCOUNT FOR ICAEW MEMBERS </a>