Financial Experts to Give Predictions on Business Hiring and Spending
for Coming Year
NEW YORK--(BUSINESS WIRE)--
Institute of CPAs will announce the results of its CPA
Outlook Index (CPAOI), an indicator of how chief financial officers,
controllers and other senior CPA business leaders view the U.S. economy,
at 7:00 a.m. EST, Thursday, March 6.
The AICPA’s survey is a forward-looking indicator that tracks hiring
expectations over the next 12 months. As a point of comparison, the U.S.
Department of Labor’s November employment report, scheduled to be
released March 7, looks back on the previous month’s hiring trends.
The survey, which will be posted on the AICPA
Press Center, incorporates responses from senior-level CPAs on
future hiring plans, growth in marketing and training and anticipated
fluctuations in different categories of business spending. Survey takers
also answered questions on the outlook for their companies in the coming
year, as well as the U.S. economy as a whole.
R. Thomas, CPA, CGMA, AICPA senior vice President, management
accounting & global markets and Jim Morrison, CPA, CGMA chief financial
officer of Teknor Apex and chair of AICPA’s Business & Industry
Executive Committee, will be available for press inquiries.
The poll was conducted via questionnaire from Feb. 12 - Feb. 26. The
quarterly CPAOI measures the views of CPAs serving in business and
industry who are closest to the finances of their companies and hold
well-informed, sophisticated views of the economy.
About the AICPA
The American Institute of CPAs (AICPA) is the world’s largest member
association representing the accounting profession, with more than
394,000 members in 128 countries and a 125-year heritage of serving the
public interest. AICPA members represent many areas of practice,
including business and industry, public practice, government, education
The AICPA sets ethical standards for the profession and U.S. auditing
standards for audits of private companies, nonprofit organizations,
federal, state and local governments. It develops and grades the Uniform
CPA Examination and offers specialty credentials for CPAs who
concentrate on personal financial planning; fraud and forensics;
business valuation; and information technology. Through a joint venture
with the Chartered Institute of Management Accountants (CIMA), it has
established the Chartered Global Management Accountant (CGMA)
designation to elevate management accounting globally.
The AICPA maintains offices in New York, Washington, DC, Durham, NC, and
Media representatives are invited to visit the AICPA Press Center at aicpa.org/press.
American Institute of CPAs (AICPA)
Mitchell Slepian, 212-596-6177
Source: American Institute of CPAs (AICPA)