7 September 2006

CPAs Pessimistic about Economy

CPAs Pessimistic about Economy - - CFO.com: "More than half of certified public accountants polled by the American Institute of Certified Public Accountants, many of them CFOs or controllers, are pessimistic about the state of the U.S. economy. The opinions of 54 percent of accountants polled ranged from neutral to very pessimistic. That's up from 41 percent expressing similar sentiments in December 2005, the last time the AICPA conducted this kind of survey.
'The lack of enthusiasm for the state of the economy among these CPA executives seems to mirror that of consumers in general,' said John Morrow, AICPA Vice President for members in business and industry, in a statement."

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