<br />
3D printing<br />
The wonder of technology<br />
and how it is helping<br />
business push boundaries<br />
Crime special report<br />
The modern criminal is<br />
slippery as an eel. Here's<br />
how to protect yourself<br />
Insolvency<br />
How a change in attitude<br />
could mean the difference<br />
between failure and survival<br />
FEBRUARY 2018 ECONOMIA.ICAEW.COM<br />
The world according<br />
to Bill Michael<br />
The airline industry<br />
Fragmenting, consolidating,<br />
thriving, collapsing... the<br />
intricacies of airlines<br />
The UK chairman of KPMG<br />
talks about Carillion, trust in<br />
business and the future of audit<br />
MOVING YOUR FLEET FORWARD<br />
WITH THE UK'S MOST TECHNOLOGICALLY ADVANCED SMALL CAR<br />
P11D BIK C02 COMBINED MPG<br />
£21,520-£12,970 22%-18% <a title="Economia FEBRUARY 18 page 1" href="https://secure.viewer.zmags.com/publication/555923a6?page=1"> 3D printing The wonder of techno</a>
<a title="Economia FEBRUARY 18 page 2" href="https://secure.viewer.zmags.com/publication/555923a6?page=2"> MOVING YOUR FLEET FORWARD WITH THE UK'S MOST TEC</a>
<a title="Economia FEBRUARY 18 page 3" href="https://secure.viewer.zmags.com/publication/555923a6?page=3"> AUDIT IN THE SPOTLIGHT ONCE MORE It didn't take l</a>
<a title="Economia FEBRUARY 18 page 4" href="https://secure.viewer.zmags.com/publication/555923a6?page=4"> CONTENTS 08 THE AUDIT 08 In case you missed it </a>
<a title="Economia FEBRUARY 18 page 5" href="https://secure.viewer.zmags.com/publication/555923a6?page=5"> </a>
<a title="Economia FEBRUARY 18 page 6" href="https://secure.viewer.zmags.com/publication/555923a6?page=6"> economia is published by Progressive Content 71-7</a>
<a title="Economia FEBRUARY 18 page 7" href="https://secure.viewer.zmags.com/publication/555923a6?page=7"> TAKE CONTROL OF YOUR FUTURE WITH A SIPP </a>
<a title="Economia FEBRUARY 18 page 8" href="https://secure.viewer.zmags.com/publication/555923a6?page=8"> Take a dip Our news team looks at the meaningful </a>
<a title="Economia FEBRUARY 18 page 9" href="https://secure.viewer.zmags.com/publication/555923a6?page=9"> Millennial angst According to research by Tho</a>
<a title="Economia FEBRUARY 18 page 10" href="https://secure.viewer.zmags.com/publication/555923a6?page=10"> Debate: DAVID WEHNER, Facebook's CFO, announcin</a>
<a title="Economia FEBRUARY 18 page 11" href="https://secure.viewer.zmags.com/publication/555923a6?page=11"> NAOMI HIRST, senior campaigner at Global Witness </a>
<a title="Economia FEBRUARY 18 page 12" href="https://secure.viewer.zmags.com/publication/555923a6?page=12"> 12 </a>
<a title="Economia FEBRUARY 18 page 13" href="https://secure.viewer.zmags.com/publication/555923a6?page=13"> THE AUDIT I 've been with PwC since </a>
<a title="Economia FEBRUARY 18 page 14" href="https://secure.viewer.zmags.com/publication/555923a6?page=14"> From the Institute this month: new vice-president</a>
<a title="Economia FEBRUARY 18 page 15" href="https://secure.viewer.zmags.com/publication/555923a6?page=15"> Build for the future by bringing your pensions to</a>
<a title="Economia FEBRUARY 18 page 16" href="https://secure.viewer.zmags.com/publication/555923a6?page=16"> Siddhanta, circa 628) and included the rules for </a>
<a title="Economia FEBRUARY 18 page 17" href="https://secure.viewer.zmags.com/publication/555923a6?page=17"> PHOTOGRAPHY BY DAVID BEBBER ICAEW president Nick</a>
<a title="Economia FEBRUARY 18 page 18" href="https://secure.viewer.zmags.com/publication/555923a6?page=18"> Michael Izza The World Economic Forum in Davos ha</a>
<a title="Economia FEBRUARY 18 page 19" href="https://secure.viewer.zmags.com/publication/555923a6?page=19"> Jo Owen You know what you have to do to keep your</a>
<a title="Economia FEBRUARY 18 page 20" href="https://secure.viewer.zmags.com/publication/555923a6?page=20"> F or months, as people </a>
<a title="Economia FEBRUARY 18 page 21" href="https://secure.viewer.zmags.com/publication/555923a6?page=21"> Oxford Economics Some good news: growth in global</a>
<a title="Economia FEBRUARY 18 page 22" href="https://secure.viewer.zmags.com/publication/555923a6?page=22"> Fine-tune your pension Let us help you get the mo</a>
<a title="Economia FEBRUARY 18 page 23" href="https://secure.viewer.zmags.com/publication/555923a6?page=23"> EYEBROW SPECIAL REPORT: CRIME Under att</a>
<a title="Economia FEBRUARY 18 page 24" href="https://secure.viewer.zmags.com/publication/555923a6?page=24"> P utting a figure on the </a>
<a title="Economia FEBRUARY 18 page 25" href="https://secure.viewer.zmags.com/publication/555923a6?page=25"> PHOTOGRAPHY BY JOE BLOGGS been gained by hacking</a>
<a title="Economia FEBRUARY 18 page 26" href="https://secure.viewer.zmags.com/publication/555923a6?page=26"> SPECIAL REPORT: CRIME </a>
<a title="Economia FEBRUARY 18 page 27" href="https://secure.viewer.zmags.com/publication/555923a6?page=27"> CONNECTIONS MADE MORE REWARDING </a>
<a title="Economia FEBRUARY 18 page 28" href="https://secure.viewer.zmags.com/publication/555923a6?page=28"> WORDS BY RICHARD CREE PHOTOGRAPHY BY RICK PUSHINS</a>
<a title="Economia FEBRUARY 18 page 29" href="https://secure.viewer.zmags.com/publication/555923a6?page=29"> BILL MICHAEL Stop, collabo</a>
<a title="Economia FEBRUARY 18 page 30" href="https://secure.viewer.zmags.com/publication/555923a6?page=30"> and overseas contracts,” he explains. “The nature</a>
<a title="Economia FEBRUARY 18 page 31" href="https://secure.viewer.zmags.com/publication/555923a6?page=31"> T his problem, he says, citing Chomsky, is</a>
<a title="Economia FEBRUARY 18 page 32" href="https://secure.viewer.zmags.com/publication/555923a6?page=32"> Pride before a Encouraging ailing businesses to </a>
<a title="Economia FEBRUARY 18 page 33" href="https://secure.viewer.zmags.com/publication/555923a6?page=33"> E ven before the collapse of Br</a>
<a title="Economia FEBRUARY 18 page 34" href="https://secure.viewer.zmags.com/publication/555923a6?page=34"> spend more time over the coming two years providi</a>
<a title="Economia FEBRUARY 18 page 35" href="https://secure.viewer.zmags.com/publication/555923a6?page=35"> Commoditisation of the insolvency process means m</a>
<a title="Economia FEBRUARY 18 page 36" href="https://secure.viewer.zmags.com/publication/555923a6?page=36"> Another dimension From tiddlywi</a>
<a title="Economia FEBRUARY 18 page 37" href="https://secure.viewer.zmags.com/publication/555923a6?page=37"> GETTY IMAGES I t will replace your lost</a>
<a title="Economia FEBRUARY 18 page 38" href="https://secure.viewer.zmags.com/publication/555923a6?page=38"> a part in an airplane engine. If you did it throu</a>
<a title="Economia FEBRUARY 18 page 39" href="https://secure.viewer.zmags.com/publication/555923a6?page=39"> Below: A prototype device used to measure element</a>
<a title="Economia FEBRUARY 18 page 40" href="https://secure.viewer.zmags.com/publication/555923a6?page=40"> ICAEW ACADEMY OF PROFESSIONAL DEVELOPMENT TALENT </a>
<a title="Economia FEBRUARY 18 page 41" href="https://secure.viewer.zmags.com/publication/555923a6?page=41"> A DAY IN THE LIFE Monday Tuesday </a>
<a title="Economia FEBRUARY 18 page 42" href="https://secure.viewer.zmags.com/publication/555923a6?page=42"> Sarah Evans says she enjoys the “enormous variety</a>
<a title="Economia FEBRUARY 18 page 43" href="https://secure.viewer.zmags.com/publication/555923a6?page=43"> ECONOMIA FEBRUARY 2018 A DAY IN THE LIFE </a>
<a title="Economia FEBRUARY 18 page 44" href="https://secure.viewer.zmags.com/publication/555923a6?page=44"> A DAY IN THE LIFE </a>
<a title="Economia FEBRUARY 18 page 45" href="https://secure.viewer.zmags.com/publication/555923a6?page=45"> Personal wealth management for CFOs and accountan</a>
<a title="Economia FEBRUARY 18 page 46" href="https://secure.viewer.zmags.com/publication/555923a6?page=46"> Ingenious ideas are two-a-penny, but how are gove</a>
<a title="Economia FEBRUARY 18 page 47" href="https://secure.viewer.zmags.com/publication/555923a6?page=47"> SCOP fifth in the index, has high scores on</a>
<a title="Economia FEBRUARY 18 page 48" href="https://secure.viewer.zmags.com/publication/555923a6?page=48"> HOW TO HELP INNOVATIVE COMPANIES Accountants can </a>
<a title="Economia FEBRUARY 18 page 49" href="https://secure.viewer.zmags.com/publication/555923a6?page=49"> a research assistant, Billy Boyle. The company de</a>
<a title="Economia FEBRUARY 18 page 50" href="https://secure.viewer.zmags.com/publication/555923a6?page=50"> Flying in the face of adversity In the first of o</a>
<a title="Economia FEBRUARY 18 page 51" href="https://secure.viewer.zmags.com/publication/555923a6?page=51"> GETTY IMAGES industry will continue to experienc</a>
<a title="Economia FEBRUARY 18 page 52" href="https://secure.viewer.zmags.com/publication/555923a6?page=52"> “In fast-growing emerging markets, the industry i</a>
<a title="Economia FEBRUARY 18 page 53" href="https://secure.viewer.zmags.com/publication/555923a6?page=53"> SKYLER SMITH/UNSPLASH, JENS KREUTER/UNSPLASH sta</a>
<a title="Economia FEBRUARY 18 page 54" href="https://secure.viewer.zmags.com/publication/555923a6?page=54"> In this section FEATURE How to successfully step </a>
<a title="Economia FEBRUARY 18 page 55" href="https://secure.viewer.zmags.com/publication/555923a6?page=55"> ILLUSTRATION BY VERONICA GRECH 1. LEARN TO DELEG</a>
<a title="Economia FEBRUARY 18 page 56" href="https://secure.viewer.zmags.com/publication/555923a6?page=56"> “It's easy to get so caught up in what we have to</a>
<a title="Economia FEBRUARY 18 page 57" href="https://secure.viewer.zmags.com/publication/555923a6?page=57"> 7. DEVELOP YOUR OWN STYLE OF MANAGEMENT “It is ea</a>
<a title="Economia FEBRUARY 18 page 58" href="https://secure.viewer.zmags.com/publication/555923a6?page=58"> NEW Northern ACCOUNTEX launch The NEW one-day co</a>
<a title="Economia FEBRUARY 18 page 59" href="https://secure.viewer.zmags.com/publication/555923a6?page=59"> Career ladder Margaret Ewing Her latest NED role,</a>
<a title="Economia FEBRUARY 18 page 60" href="https://secure.viewer.zmags.com/publication/555923a6?page=60"> W hen he founded CityUnscr</a>
<a title="Economia FEBRUARY 18 page 61" href="https://secure.viewer.zmags.com/publication/555923a6?page=61"> PHOTOGRAPHY BY TOM CAMPBELL global innovation te</a>
<a title="Economia FEBRUARY 18 page 62" href="https://secure.viewer.zmags.com/publication/555923a6?page=62"> Technical key developments Our at-a-glance guide </a>
<a title="Economia FEBRUARY 18 page 63" href="https://secure.viewer.zmags.com/publication/555923a6?page=63"> proposed rebuttable presumption that the lead aud</a>
<a title="Economia FEBRUARY 18 page 64" href="https://secure.viewer.zmags.com/publication/555923a6?page=64"> point out that those stakeholders who are more en</a>
<a title="Economia FEBRUARY 18 page 65" href="https://secure.viewer.zmags.com/publication/555923a6?page=65"> pension funds represents the kind of collective e</a>
<a title="Economia FEBRUARY 18 page 66" href="https://secure.viewer.zmags.com/publication/555923a6?page=66"> You ask the question, we find the answer In the f</a>
<a title="Economia FEBRUARY 18 page 67" href="https://secure.viewer.zmags.com/publication/555923a6?page=67"> TECHNICAL: PRACTICE Q&A Q: WHAT MUST BE DONE </a>
<a title="Economia FEBRUARY 18 page 68" href="https://secure.viewer.zmags.com/publication/555923a6?page=68"> Reshaping the IPO landscape The FCA is reforming </a>
<a title="Economia FEBRUARY 18 page 69" href="https://secure.viewer.zmags.com/publication/555923a6?page=69"> TECHNICAL: CAPITAL RAISING REFORMS between co</a>
<a title="Economia FEBRUARY 18 page 70" href="https://secure.viewer.zmags.com/publication/555923a6?page=70"> Principles of disclosure As the IASB considers ho</a>
<a title="Economia FEBRUARY 18 page 71" href="https://secure.viewer.zmags.com/publication/555923a6?page=71"> “The aim is to get preparers to use their judgeme</a>
<a title="Economia FEBRUARY 18 page 72" href="https://secure.viewer.zmags.com/publication/555923a6?page=72"> Disciplinary Listings These reports are s</a>
<a title="Economia FEBRUARY 18 page 73" href="https://secure.viewer.zmags.com/publication/555923a6?page=73"> to act with integrity in preparing a letter to a </a>
<a title="Economia FEBRUARY 18 page 74" href="https://secure.viewer.zmags.com/publication/555923a6?page=74"> CALLING ALL PAST AND PRESENT ICAEW MEMBERS LET'S</a>
<a title="Economia FEBRUARY 18 page 75" href="https://secure.viewer.zmags.com/publication/555923a6?page=75"> Life this month: </a>
<a title="Economia FEBRUARY 18 page 76" href="https://secure.viewer.zmags.com/publication/555923a6?page=76"> Life Fitness FIT OR FAD? Remember Jazzercise, </a>
<a title="Economia FEBRUARY 18 page 77" href="https://secure.viewer.zmags.com/publication/555923a6?page=77"> Left: Yoga on the beach in Cornwall with Wild & F</a>
<a title="Economia FEBRUARY 18 page 78" href="https://secure.viewer.zmags.com/publication/555923a6?page=78"> Life Fitness MIND, BODY AND SPIRIT: BECAUSE </a>
<a title="Economia FEBRUARY 18 page 79" href="https://secure.viewer.zmags.com/publication/555923a6?page=79"> Left: Fitness session at One Ldn. Below: Yoga cla</a>
<a title="Economia FEBRUARY 18 page 80" href="https://secure.viewer.zmags.com/publication/555923a6?page=80"> </a>
<a title="Economia FEBRUARY 18 page 81" href="https://secure.viewer.zmags.com/publication/555923a6?page=81"> Directory PROFESSIONAL SERVICES Accountants' Def</a>
<a title="Economia FEBRUARY 18 page 82" href="https://secure.viewer.zmags.com/publication/555923a6?page=82"> LIFE AFTER WORK W hen the UK </a>
<a title="Economia FEBRUARY 18 page 83" href="https://secure.viewer.zmags.com/publication/555923a6?page=83"> ICAEW ACADEMY OF PROFESSIONAL DEVELOPMENT </a>
<a title="Economia FEBRUARY 18 page 84" href="https://secure.viewer.zmags.com/publication/555923a6?page=84"> </a>