The reasons economic sentiment about the coming year is on the rise episode artwork

EPISODE · Mar 21, 2024 · 10 MIN

The reasons economic sentiment about the coming year is on the rise

from Journal of Accountancy Podcast

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.

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