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Pessimism, tariff tremors prominent in CPA execs’ sentiment

What’s the latest sentiment about the domestic and global economy? This conversation recaps the key points of the quarterly Economic Outlook Survey released by the AICPA and CIMA. Hear or read more about the “turning down” of several KPIs, including revenue and profit projections for the coming 12 months, in this podcast episode with transcript.

Tariffs back in force after appeals court ruling

A federal appeals court temporarily restored President Donald Trump’s power to impose tariffs. The Thursday ruling followed a district court’s nationwide injunction Wednesday curtailing that authority.

State of Play: How firms are helping smooth sustainability reporting

The latest data from research by the International Federation of Accountants, the AICPA, and CIMA reveals that nearly three-fourths of the largest global companies obtained assurance of sustainability disclosures in 2023, with the majority depending on audit firms. U.S. companies rank ahead of the pack when it comes to obtaining assurance but behind the pack when it comes to depending on audit firms.

CFOs express negative economic sentiment

Almost three-fourths of CFOs have a negative view of the current economy and its impact on their organization, according to a survey of emerging and midmarket finance leaders.

FROM THIS MONTH'S ISSUE

Building a better CPA firm: Stepping up service offerings

A key step in business model modernization is determining how to implement services that satisfy clients and employees.