More CPA decision-makers are pessimistic about the state of the U.S. and global economies, according to the quarterly Business and Industry Economic Outlook Survey.
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CFO optimism is declining as cost concerns rise
US CFOs have grown more pessimistic about the economy — thanks to increasing costs of goods and services, increasing energy costs, and supply chain challenges — according to a quarterly survey by Grant Thornton.
Why CFOs have confidence in the midst of difficult economic times
A Deloitte partner with a CFO focus explains the main obstacles facing large-company CFOs now and why one indicator points to optimism about the future. Listen to his thoughts or read the full transcript.
The ‘mixed bag’ of economic sentiment; recent IRS news; a PCAOB update
Economic optimism is dimming, bringing revenue and profit projections down as well, but more than half of U.S. finance decision-makers say they can use more workers. Learn more about quarterly sentiment, along with a look at IRS news and more, in this podcast episode with transcript.
Kimberly Kirkendall, CPA
Kimberly Kirkendall, CPA, is president of international
Resource Development Inc. in Cleveland.
Economic pessimism leads to drop in revenue and profit projections
Finance executives in business and industry are more pessimistic about their own businesses and the domestic and global economy, according to a quarterly US survey.
Diversity among CEOs, CFOs continues to rise
Executive recruiting firm Crist Kolder’s annual report shows record levels of female and racially or ethnically diverse leadership at large companies.
Hiring managers in finance have their work cut out
Nearly four in five hiring managers in finance “expect to have to work hard” to attract and retain talent over the next year after three-fourths dealt with retention issues over the past year.
The functions CFOs are targeting for budget cuts, increased spending
Real estate and facilities management is the category most likely to face budget cuts, a Gartner survey shows. IT is the most common CFO choice for planned spending increases.
More companies obtaining ESG assurance, according to global survey
The percentage of companies worldwide providing assurance on ESG reporting increased between 2019 and 2020, but are auditors getting their share of the work?
AICPA & CIMA comment on ISSB drafts of sustainability disclosures
A comment letter applauds efforts to develop global standards for disclosing sustainability information and provide suggestions related to the two exposure drafts.
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