Economy

Tax

KPMG Survey: Senior Execs Weigh In on Fiscal Cliff

Almost half of senior executives polled said they don't expect an agreement on the so-called "fiscal cliff" negotiations by year-end, according to a survey of more than 2,500 business leaders conducted by KPMG's TGI.
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

Smaller Retailers Could Use a Holiday Boost

Holiday shopping is off to a solid start - good news for small retail companies, which have been experiencing weaker sales so far this year, according to preliminary data from Sageworks.
A&A

ACCA/IMA Survey Finds Business Confidence Falls Again

Confidence in the global economy fell in Q3 2012, according to a worldwide survey of 2,550 finance professionals, with some 67 percent of respondents saying the global economy is stagnating or reversing.
Education & Careers

Employee Confidence Index Decreases, Second Consecutive Quarter

The Mergis Group Finance and Accounting Employee Confidence Index decreased this quarter to 50.4. This was a 2.2 point decline over the second quarter of 2012, although 5.3 points higher than this time last year.
A&A

AICPA's Resolution Underscores Need to Address US Debt

Expressing concern about the growing federal debt, the AICPA has adopted a resolution underscoring the need to put America on a better economic path and supporting two non-partisan efforts.
Education & Careers

Three Percent Salary Increase 'New Normal'

While employees may not see much improvement in base pay next year, the prevalence and size of short-term incentives has increased substantially, according to the sixth annual "Compensation Planning Survey."
Election 2012

Obama Wins Reelection - But Congress Still Split

With Congress still split along partisan lines following the election, it's uncertain whether the President will be able to marshal the bipartisan spirit needed to address two of the most pressing economic issues.
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.
Education & Careers

Entrepreneurs - Losing Sleep but Not Losing Hope

Despite financial pressures, stresses, and sleeplessness, the majority of entrepreneurs still have faith in their futures and maintain the determination to succeed, according to results of the "2012 Hiscox DNA of an Entrepreneur Study."
Practice

Ten 'Must-do's' for Accountancy Profession

The Association of Chartered Certified Accountants' Accountancy Futures Academy report, "100 Drivers of Change for the Global Accountancy Profession," identifies 100 factors that will create uncertainty for accountants during the next five to ten years.
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.
A&A

Investor Confidence in US Companies Inching Upward

On September 19, the Center for Audit Quality released its sixth annual "Main Street Investor Survey," which shows that investor confidence in capital markets has increased 4 percentage points since 2011.
Practice

Private Company Sales Growth Down Significantly

The rate of annual sales growth among privately held US companies has slowed significantly, to around 5.4 percent currently from nearly 11 percent in January, according to new data from Sageworks Inc.
Education & Careers

Top Cities for Best Salary Raises

Workers in a majority of metropolitan areas received substantial raises from 2010 to 2011. Cities with greater concentrations of college graduates did even better, according to data from the Martin Prosperity Institute.
A&A

Personal Financial Plans: Saving for the Future

The 2012 Household Financial Planning Survey shows that those who have prepared a personal financial plan feel more confident and report more success managing their money, savings, and investments than those who haven’t.
Practice

CGMA Global Economic Forecast Results Are In

Worldwide, CEOs, CFOs, and senior management accountants have an increasingly negative outlook for the global economy, according to the CGMA Global Economic Forecast released by the AICPA and the CIMA.
Practice

AICPA Economic Outlook Survey: Second Quarter Results

The second quarter AICPA Economic Outlook Survey reveals that business executives are more guarded about the twelve-month outlook for the US economy than they were last quarter.
Education & Careers

GAO's Recent Study on Unemployed Older Workers - We Need Solutions

A recent study done by the GAO raises concerns about how long-term unemployment will affect older workers’ reemployment prospects and future retirement income.

Pages

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
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