Economic growth

Practice

CPA Firms Need to Find New Ways to Build Revenue in Post-Recession World

The US accounting services industry, including CPA firms, is expected to remain in a slow-growth mode, with annual revenue expected to rise a pedestrian 1.3 percent this year, to $72.9 billion.
Practice

AICPA Survey: CPAs More Upbeat on Economic Outlook, but Still Cautious

The first quarter American Institute of CPAs (AICPA) Business and Industry Economic Outlook Survey is out, and it looks like respondents are increasingly optimistic about the US economy and their own businesses' prospects compared to the fourth quarter of 2012.
A&A

Private Company Trends Remain Positive in January

Private companies in the United States continued to grow sales and expand their net profit margins in the period ending in January 2013. Private company credit risk also appears to be improving, with the average private company's likelihood of default currently standing around 3 percent.
Practice

Big Four Firms' Growth Led by Advisory Services

The Big Four accounting firms posted solid revenue growth in 2012 thanks to an improving global economy, increased business deal activity, and, in particular, rising demand for their advisory services.
Practice

In 2013, Check Out These Fast-Growing Industries

Looking to start fresh in 2013 through new business relationships or a new company? Sageworks conducted a financial statement analysis of privately held companies to identify the fastest-growing industries.
A&A

Economic Optimism among CPAs Continues to Decline

CPA decision makers, primarily CEOs, CFOs, and controllers, are becoming more pessimistic about the future of the US economy, according to the latest AICPA Business and Industry Economic Outlook Survey.
A&A

Survey: National Debt Impacting Hiring Plans

According to results of a new survey released by Sageworks, a financial information company, the national debt is weighing on business owners as they consider adding workers and making other investments.
A&A

Fiscal Cliff, Deficits, and Jobs Remain Concerns

A quarterly volatility and variables poll of 540 corporate executives indicates that many CFOs are stressed and plan to be more diligent in planning and forecasting.
Practice

Private Companies Growing; Sales Growth Slowing

At the recent "Analyzing America's Private Companies" summit in New York City, the sales growth, profitability, and significance of private businesses in the United States were among the topics of discussion.
A&A

Global Economic Outlook - More Pessimists than Optimists

The third quarter CGMA Global Economic Forecast shows that pessimists now outnumber optimists nearly 8:1, as senior finance executives take an increasingly dim view of the global economy.
Education & Careers

Intuit Indexes Show Small Business Growth Slowing

Results of the monthly Intuit Small Business Revenue and Employment indexes are in. They show revenue in August declined for the sixth consecutive month, and employment continued to grow slowly in September.
Election 2012

Romney Touts Himself Small Business 'Champ'

Republican nominee Mitt Romney delivered the acceptance speech expected of him at last week's Republican National Convention, repeatedly hammering President Obama on what many consider to be his weakest flank: jobs and economic growth.
Practice Development

NJ Awards EisnerAmper Grant to Create Jobs

Companies in New Jersey that are interested in applying for the state's business tax incentives and grants may want to consult EisnerAmper, a New York‒based accounting firm that maintains four locations in New Jersey.
A&A

ACCA/IMA Survey Reveals Global Confidence on the Rise

Confidence in the global economy recovered substantially in early 2012, regaining some of the optimism lost over the last year, according to the Q1 2012 ACCA/IMA Global Economic Conditions Survey, the largest global study of professional accountants.
A&A

More CPA Executives Are Optimistic about the US Economy

A growing number of financial executives are optimistic about prospects for the US economy and their own organizations over the next twelve months, according to the first quarter AICPA Business and Industry Economic Outlook Survey.
Community News

CGMA Global Economic Forecast Shows Cautious Optimism for Year Ahead

The world's CEOs, CFOs, and other senior management accountants have a cautious yet increasingly positive outlook for the global economy over the next twelve months, according to the first Chartered Global Management Accountant (CGMA) Global Economic Forecast released March 29, 2012.
A&A

Global Trade Drying Up, Says Economic Survey of Finance Professionals

Finance professionals believe there will be a renewed global economic downturn in 2012, as the largest-ever quarterly survey of professional accountants shows that international trade continued to dry up at the end of last year.
Practice

Intuit Small Business Employment Index Results

Small businesses created 50,000 new jobs in January but paid employees less and gave them fewer hours. The East Coast, especially New York, showed more weakness in employment than in other parts of the country. These are some of the results of Intuit's latest Small Business Employment Index.
A&A

The Economy – Americans Feeling Better, CEOs Feeling Gloomy

Is the economy getting better or worse? It depends on who you ask. Two recent polls show that Americans are beginning to feel a bit better about the economy, but CEOs are feeling gloomy. For the first time in almost a year, more Americans say the economy is getting better than those who say it’s getting worse.
A&A

Talk of Taxes and Economic Growth Rose above Fray at Florida Debate

On January 23, the remaining contenders for the GOP presidential nomination hit the ground running in Tampa. Romney and Gingrich dominated the debate and traded barbs over character and electability. But, despite the fireworks, core issues – tax reform, deregulation, and economic growth – were discussed.

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Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
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