03.21.2024 - By AICPA & CIMA
Ken Witt, CPA, CGMA, AICPA & CIMA associate director–Management Accounting Research and Development, explains in this JofA podcast episode why finance decision-makers in the first-quarter Business & Industry Economic Outlook Survey are more optimistic now compared with the end of 2023. Witt summarizes the survey results, including CPA decision-makers’ expectations for revenue and profit increases and the top challenges facing them and their businesses. What you’ll learn from this episode: · A breakdown of sentiment about the domestic economy and CPA decision-makers’ own organizations. · Projected increases in revenue and profits for the coming 12 months. · The top challenges facing finance executives. · The hiring outlook for the coming year and how it differs by company size.