A Note of Pessimism


Senior executives of U.S. multinationals were sounding less optimistic about both the domestic and world economies in the latter part of 2005. According to Management Barometer, some 59% of them saw energy prices as a possible deterrent to their company’s growth (compared with 39% in the second quarter).

Only 70% of managing directors and CFOs said the U.S. economy was growing, compared with 84% a year ago. Executives from energy-vulnerable companies in particular expected they would have slower revenue growth, less new hiring and fewer key investments.

SPONSORED REPORT

In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.

PODCAST

A closer look at threats to CPA licensure

Legislation in states around the country could put CPA licensure in danger. This episode examines what practitioners need to know to help ensure the profession is protected.