<br />
INTELLIGENCE AND INSIGHT<br />
MARCH 2015 | ICAEW.COM/ECONOMIA ISSUE 36 | ACCOUNTANCY | FINANCE | BUSINESS<br />
“When I was a lass,<br />
women accountants<br />
were rare. I got on<br />
because my clients<br />
liked me. I couldn't be<br />
ignored. I was good<br />
for business”<br />
Teresa Graham CBE, FCA<br />
GENDER EQUALITY BRONWEN MADDOX AUDIT THRESHOLD<br />
DEVOLUTION AND TAX LAURA SPIRA FOREIGN AID<br />
<br />
It has been three<br />
years since Lord<br />
Davies challenged<br />
business to increase<br />
the number of women<br />
on boards. Quotas<br />
could yet be enforced.<br />
The diagnosis is that while considerable<br />
effort has been made by FTSE 100<br />
companies to reach the target of 25% of<br />
women on boards, a figure that was within<br />
sight as of October 2014 (22.8%), the pace<br />
of change has slowed and Europe could<br />
still yet impose mandatory quotas.<<a title="Economia MARCH 15 page 1" href="http://viewer.zmags.com/publication/e8c7bb38?page=1"> INTELLIGENCE AND INSIGHT MARCH 2015 | </a>
<a title="Economia MARCH 15 page 2" href="http://viewer.zmags.com/publication/e8c7bb38?page=2"> </a>
<a title="Economia MARCH 15 page 3" href="http://viewer.zmags.com/publication/e8c7bb38?page=3"> It has been three years since Lord Davies challen</a>
<a title="Economia MARCH 15 page 4" href="http://viewer.zmags.com/publication/e8c7bb38?page=4"> ICAEW in this issue </a>
<a title="Economia MARCH 15 page 5" href="http://viewer.zmags.com/publication/e8c7bb38?page=5"> PHOTOGRAPHY: MARTIN BURTON There is more technic</a>
<a title="Economia MARCH 15 page 6" href="http://viewer.zmags.com/publication/e8c7bb38?page=6"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA, (ch</a>
<a title="Economia MARCH 15 page 7" href="http://viewer.zmags.com/publication/e8c7bb38?page=7"> </a>
<a title="Economia MARCH 15 page 8" href="http://viewer.zmags.com/publication/e8c7bb38?page=8"> In review THE INTERNATIONAL PICTURE 175% Greece's</a>
<a title="Economia MARCH 15 page 9" href="http://viewer.zmags.com/publication/e8c7bb38?page=9"> THE AUDIT BUSINESS 104.4 104.9 103.9 </a>
<a title="Economia MARCH 15 page 10" href="http://viewer.zmags.com/publication/e8c7bb38?page=10"> PLAN FOR TOMORROW LIVE MORE TODAY THREE YEAR FIXE</a>
<a title="Economia MARCH 15 page 11" href="http://viewer.zmags.com/publication/e8c7bb38?page=11"> THE AUDIT Good m</a>
<a title="Economia MARCH 15 page 12" href="http://viewer.zmags.com/publication/e8c7bb38?page=12"> THE AUDIT As I see it Panos Kakoullis is managin</a>
<a title="Economia MARCH 15 page 13" href="http://viewer.zmags.com/publication/e8c7bb38?page=13"> Helping you find YOUR OWN PATH through the comple</a>
<a title="Economia MARCH 15 page 14" href="http://viewer.zmags.com/publication/e8c7bb38?page=14"> THE AUDIT From the top F </a>
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<a title="Economia MARCH 15 page 17" href="http://viewer.zmags.com/publication/e8c7bb38?page=17"> THE AUDIT NEW VP FOR ICAEW Baker Tilly tax partn</a>
<a title="Economia MARCH 15 page 18" href="http://viewer.zmags.com/publication/e8c7bb38?page=18"> THE AUDIT The graph 7% growth in UK </a>
<a title="Economia MARCH 15 page 19" href="http://viewer.zmags.com/publication/e8c7bb38?page=19"> SPONSORED FEATURE TURNING BIG DATA INTO BUSINESS </a>
<a title="Economia MARCH 15 page 20" href="http://viewer.zmags.com/publication/e8c7bb38?page=20"> Small businesses are HUGE The Little Big Co. Lt</a>
<a title="Economia MARCH 15 page 21" href="http://viewer.zmags.com/publication/e8c7bb38?page=21"> THE AUDIT Book review Laura Powell reviews</a>
<a title="Economia MARCH 15 page 22" href="http://viewer.zmags.com/publication/e8c7bb38?page=22"> T he best way to lead is to </a>
<a title="Economia MARCH 15 page 23" href="http://viewer.zmags.com/publication/e8c7bb38?page=23"> THE AUDIT PHOTOGRAPHY: TOBY COULSON economia MA</a>
<a title="Economia MARCH 15 page 24" href="http://viewer.zmags.com/publication/e8c7bb38?page=24"> Michael Izza “We have a role to play in integrat</a>
<a title="Economia MARCH 15 page 25" href="http://viewer.zmags.com/publication/e8c7bb38?page=25"> OPINION twitter.com/economiamag · face</a>
<a title="Economia MARCH 15 page 26" href="http://viewer.zmags.com/publication/e8c7bb38?page=26"> Bronwen Maddox “The jobs story should be the coa</a>
<a title="Economia MARCH 15 page 27" href="http://viewer.zmags.com/publication/e8c7bb38?page=27"> OPINION George Magnus “It's probably easier</a>
<a title="Economia MARCH 15 page 28" href="http://viewer.zmags.com/publication/e8c7bb38?page=28"> Charlotte Sweeney “Creating a workplace that's f</a>
<a title="Economia MARCH 15 page 29" href="http://viewer.zmags.com/publication/e8c7bb38?page=29"> OPINION Stephen Frost “I appeal to the men </a>
<a title="Economia MARCH 15 page 30" href="http://viewer.zmags.com/publication/e8c7bb38?page=30"> 3 The founders of Upper Street shoe compan</a>
<a title="Economia MARCH 15 page 31" href="http://viewer.zmags.com/publication/e8c7bb38?page=31"> “We knew what our goals were, but we didn't know </a>
<a title="Economia MARCH 15 page 32" href="http://viewer.zmags.com/publication/e8c7bb38?page=32"> 3 better to be honest about your story and your </a>
<a title="Economia MARCH 15 page 33" href="http://viewer.zmags.com/publication/e8c7bb38?page=33"> “It takes a while to be profitable in fashion. We</a>
<a title="Economia MARCH 15 page 34" href="http://viewer.zmags.com/publication/e8c7bb38?page=34"> Do shared parental leave reforms need further cha</a>
<a title="Economia MARCH 15 page 35" href="http://viewer.zmags.com/publication/e8c7bb38?page=35"> DEBATE YES Ryan Shorthouse </a>
<a title="Economia MARCH 15 page 36" href="http://viewer.zmags.com/publication/e8c7bb38?page=36"> Aid stacks up in Afghanistan 36 </a>
<a title="Economia MARCH 15 page 37" href="http://viewer.zmags.com/publication/e8c7bb38?page=37"> Beyond generosity Wealthy nations are giving rec</a>
<a title="Economia MARCH 15 page 38" href="http://viewer.zmags.com/publication/e8c7bb38?page=38"> imposing high tariffs on agricultural imports, ma</a>
<a title="Economia MARCH 15 page 39" href="http://viewer.zmags.com/publication/e8c7bb38?page=39"> INTERNATIONAL AID of less than $500 (£327) – </a>
<a title="Economia MARCH 15 page 40" href="http://viewer.zmags.com/publication/e8c7bb38?page=40"> Hidden strength </a>
<a title="Economia MARCH 15 page 41" href="http://viewer.zmags.com/publication/e8c7bb38?page=41"> WOMEN ON BOARDS Getting more</a>
<a title="Economia MARCH 15 page 42" href="http://viewer.zmags.com/publication/e8c7bb38?page=42"> But critics say boardroom quotas do not help </a>
<a title="Economia MARCH 15 page 43" href="http://viewer.zmags.com/publication/e8c7bb38?page=43"> UK In the UK, a 2011 report by Lord Davies, forme</a>
<a title="Economia MARCH 15 page 44" href="http://viewer.zmags.com/publication/e8c7bb38?page=44"> WOMEN ON BOARDS China China is first among e</a>
<a title="Economia MARCH 15 page 45" href="http://viewer.zmags.com/publication/e8c7bb38?page=45"> SPONSORED FEATURE REACHFOR THE SKY Director of Fi</a>
<a title="Economia MARCH 15 page 46" href="http://viewer.zmags.com/publication/e8c7bb38?page=46"> THIS WOMAN'S WORK Women hold just 24% of top jobs</a>
<a title="Economia MARCH 15 page 47" href="http://viewer.zmags.com/publication/e8c7bb38?page=47"> THE DISCUSSION Sonia Brown MBE, founder, N</a>
<a title="Economia MARCH 15 page 48" href="http://viewer.zmags.com/publication/e8c7bb38?page=48"> “Instead of role models, we should be talking abo</a>
<a title="Economia MARCH 15 page 49" href="http://viewer.zmags.com/publication/e8c7bb38?page=49"> when they join our businesses. They come through </a>
<a title="Economia MARCH 15 page 50" href="http://viewer.zmags.com/publication/e8c7bb38?page=50"> “If we had a quota with a comply or explain eleme</a>
<a title="Economia MARCH 15 page 51" href="http://viewer.zmags.com/publication/e8c7bb38?page=51"> come up for replacement and renewal as often as N</a>
<a title="Economia MARCH 15 page 52" href="http://viewer.zmags.com/publication/e8c7bb38?page=52"> INSPIRATIONAL FEMALE 30 We've gathered </a>
<a title="Economia MARCH 15 page 53" href="http://viewer.zmags.com/publication/e8c7bb38?page=53"> INSPIRATIONAL FEMALE 30 “Passion is a gender-</a>
<a title="Economia MARCH 15 page 54" href="http://viewer.zmags.com/publication/e8c7bb38?page=54"> “My mentality is, our customers are a balance of </a>
<a title="Economia MARCH 15 page 55" href="http://viewer.zmags.com/publication/e8c7bb38?page=55"> “I was the first female audit partner. I remember</a>
<a title="Economia MARCH 15 page 56" href="http://viewer.zmags.com/publication/e8c7bb38?page=56"> LEADING BY The UK's General Election is looming. </a>
<a title="Economia MARCH 15 page 57" href="http://viewer.zmags.com/publication/e8c7bb38?page=57"> UK GENERAL ELECTION EXAMPLE CAN THEY MOTIVATE PE</a>
<a title="Economia MARCH 15 page 58" href="http://viewer.zmags.com/publication/e8c7bb38?page=58"> ARE THEY RESILIENT? Leadership is hard work. Of</a>
<a title="Economia MARCH 15 page 59" href="http://viewer.zmags.com/publication/e8c7bb38?page=59"> UK GENERAL ELECTION ARE THEY POSITIVE? Think </a>
<a title="Economia MARCH 15 page 60" href="http://viewer.zmags.com/publication/e8c7bb38?page=60"> 60 </a>
<a title="Economia MARCH 15 page 61" href="http://viewer.zmags.com/publication/e8c7bb38?page=61"> DEVOLUTION AND TAX Disunited kingdom As the UK </a>
<a title="Economia MARCH 15 page 62" href="http://viewer.zmags.com/publication/e8c7bb38?page=62"> DELIVERING CERTAINTY TO BUSINESSES IN 2015 </a>
<a title="Economia MARCH 15 page 63" href="http://viewer.zmags.com/publication/e8c7bb38?page=63"> Supreme Court in making decisions on tax disputes</a>
<a title="Economia MARCH 15 page 64" href="http://viewer.zmags.com/publication/e8c7bb38?page=64"> DEVOLUTION AND TAX But Wales's problem i</a>
<a title="Economia MARCH 15 page 65" href="http://viewer.zmags.com/publication/e8c7bb38?page=65"> "ÕÌÃÕÀViÜÌ Vw`iVi Equiniti David Venus pr</a>
<a title="Economia MARCH 15 page 66" href="http://viewer.zmags.com/publication/e8c7bb38?page=66"> IF WOMEN ARE THE SOLUTION, WHAT IS THE PROBLEM? </a>
<a title="Economia MARCH 15 page 67" href="http://viewer.zmags.com/publication/e8c7bb38?page=67"> THE ECONOMIA ESSAY If the b</a>
<a title="Economia MARCH 15 page 68" href="http://viewer.zmags.com/publication/e8c7bb38?page=68"> Balancing act Trust versus risk. Childcare versu</a>
<a title="Economia MARCH 15 page 69" href="http://viewer.zmags.com/publication/e8c7bb38?page=69"> PHOTOGRAPHY: ANDY LO PÒ N o</a>
<a title="Economia MARCH 15 page 70" href="http://viewer.zmags.com/publication/e8c7bb38?page=70"> CONSIDERING OUTSOURCING? Let advancetrack® show </a>
<a title="Economia MARCH 15 page 71" href="http://viewer.zmags.com/publication/e8c7bb38?page=71"> Technical The top five IFS warns on public finan</a>
<a title="Economia MARCH 15 page 72" href="http://viewer.zmags.com/publication/e8c7bb38?page=72"> Key developments BUSINESS New ICAEW export</a>
<a title="Economia MARCH 15 page 73" href="http://viewer.zmags.com/publication/e8c7bb38?page=73"> TECHNICAL UPDATES payment practic</a>
<a title="Economia MARCH 15 page 74" href="http://viewer.zmags.com/publication/e8c7bb38?page=74"> Crossing the threshold Over the last decade th</a>
<a title="Economia MARCH 15 page 75" href="http://viewer.zmags.com/publication/e8c7bb38?page=75"> TECHNICAL AUDIT THRESHOLD are also t</a>
<a title="Economia MARCH 15 page 76" href="http://viewer.zmags.com/publication/e8c7bb38?page=76"> Taxing change Changes to VAT rules on EU digit</a>
<a title="Economia MARCH 15 page 77" href="http://viewer.zmags.com/publication/e8c7bb38?page=77"> TECHNICAL VAT ILLUSTRATION: ARON VELLEKOOP LEON </a>
<a title="Economia MARCH 15 page 78" href="http://viewer.zmags.com/publication/e8c7bb38?page=78"> Setting the standard The Green Budget – produc</a>
<a title="Economia MARCH 15 page 79" href="http://viewer.zmags.com/publication/e8c7bb38?page=79"> TECHNICAL GREEN BUDGET pensions, nuc</a>
<a title="Economia MARCH 15 page 80" href="http://viewer.zmags.com/publication/e8c7bb38?page=80"> RNF Business Advisory: at the double Filippa Con</a>
<a title="Economia MARCH 15 page 81" href="http://viewer.zmags.com/publication/e8c7bb38?page=81"> TECHNICAL PRACTICE PROFILE ILLUSTRATION: ARON VE</a>
<a title="Economia MARCH 15 page 82" href="http://viewer.zmags.com/publication/e8c7bb38?page=82"> Ban for dishonest fund transfer, and crooked liqu</a>
<a title="Economia MARCH 15 page 83" href="http://viewer.zmags.com/publication/e8c7bb38?page=83"> TECHNICAL DISCIPLINARIES Report listings Th</a>
<a title="Economia MARCH 15 page 84" href="http://viewer.zmags.com/publication/e8c7bb38?page=84"> Life Foraging Finders keepers </a>
<a title="Economia MARCH 15 page 85" href="http://viewer.zmags.com/publication/e8c7bb38?page=85"> </a>
<a title="Economia MARCH 15 page 86" href="http://viewer.zmags.com/publication/e8c7bb38?page=86"> magine a world in which you could escape from the</a>
<a title="Economia MARCH 15 page 87" href="http://viewer.zmags.com/publication/e8c7bb38?page=87"> LIFE FORAGING </a>
<a title="Economia MARCH 15 page 88" href="http://viewer.zmags.com/publication/e8c7bb38?page=88"> seaweed, rich in iodine, iron and protein, and un</a>
<a title="Economia MARCH 15 page 89" href="http://viewer.zmags.com/publication/e8c7bb38?page=89"> Beachcombers look for more than driftwood, de</a>
<a title="Economia MARCH 15 page 90" href="http://viewer.zmags.com/publication/e8c7bb38?page=90"> news and views. economia online has all the news </a>
<a title="Economia MARCH 15 page 91" href="http://viewer.zmags.com/publication/e8c7bb38?page=91"> Restaurants Going local across the UK, Neil Dav</a>
<a title="Economia MARCH 15 page 92" href="http://viewer.zmags.com/publication/e8c7bb38?page=92"> LIFE BEACHCOMBING 1. Best for sea glass Playa</a>
<a title="Economia MARCH 15 page 93" href="http://viewer.zmags.com/publication/e8c7bb38?page=93"> </a>
<a title="Economia MARCH 15 page 94" href="http://viewer.zmags.com/publication/e8c7bb38?page=94"> RECRUITMENT E7<<3@A( </a>
<a title="Economia MARCH 15 page 95" href="http://viewer.zmags.com/publication/e8c7bb38?page=95"> icaewjobs@icaew.com /:3F/<23@16/@:3A /</E/@2</a>
<a title="Economia MARCH 15 page 96" href="http://viewer.zmags.com/publication/e8c7bb38?page=96"> RECRUITMENT icaewjobs@icaew.com View current o</a>
<a title="Economia MARCH 15 page 97" href="http://viewer.zmags.com/publication/e8c7bb38?page=97"> DIRECTORYLOUISE SMALE louise.smale@progressivecp.</a>
<a title="Economia MARCH 15 page 98" href="http://viewer.zmags.com/publication/e8c7bb38?page=98"> LIFE AFTER WORK </a>
<a title="Economia MARCH 15 page 99" href="http://viewer.zmags.com/publication/e8c7bb38?page=99"> FACING THE FUTURE The future of </a>
<a title="Economia MARCH 15 page 100" href="http://viewer.zmags.com/publication/e8c7bb38?page=100"> </a>