{"id":84579,"date":"2021-06-04t10:00:13","date_gmt":"2021-06-04t14:00:13","guid":{"rendered":"\/\/www.g005e.com\/?p=84579"},"modified":"2024-08-14t11:26:04","modified_gmt":"2024-08-14t15:26:04","slug":"accountants-in-industry-brace-for-economic-boom","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/06\/04\/accountants-in-industry-brace-for-economic-boom\/","title":{"rendered":"cpas see best outlook in three years, with notable exceptions"},"content":{"rendered":"<figure id=\"attachment_84581\" class=\"thumbnail wp-caption alignright\" style=\"width: 489px\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-84581\" style=\"font-weight: bold;\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-849x521.png\" alt=\"\" width=\"489\" height=\"300\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-849x521.png 849w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-300x184.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-600x368.png 600w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-424x260.png 424w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-768x471.png 768w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am-1536x942.png 1536w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-8.49.34-am.png 1600w\" sizes=\"auto, (max-width: 489px) 100vw, 489px\" \/><figcaption class=\"caption wp-caption-text\">some 76% of cpa corporate executives are now optimistic about the prospects for their own organization, less so about the u.s. economy in general.<\/figcaption><\/figure>\n<p><strong>cpa execs forecast economic boom.<\/strong><\/p>\n<p><em>by 卡塔尔世界杯常规比赛时间<br \/>\n<\/em><em>via aicpa<\/em><\/p>\n<p>the economy is poised to come roaring back in the year ahead, with forecasts for revenue and profit growth not seen since 2018, according to the second-quarter aicpa economic outlook survey of members in business and industry.<\/p>\n<blockquote><p><strong>more surveys &amp; research:\u00a0<\/strong><a href=\"\/\/www.g005e.com\/2021\/04\/15\/are-women-faring-unfairly-in-accounting-maybe-not\/\">women lag men in accounting jobs recovery<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/05\/28\/tax-season-ends-with-pros-covering-54-of-returns\/\">tax season ends with pros covering 54% of returns<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/05\/17\/54-of-tax-returns-go-through-pros\/\">tax pros retake market share from diyers<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/05\/15\/tax-pros-widen-lead-over-amateurs\/\">tax pros race to the finish line<\/a> |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/03\/30\/the-realities-of-being-a-partner\/\">making partner: what managers need to know<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/03\/28\/irs-still-grinding\/\">survey: tax season swings into the red<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/03\/25\/the-big-bucks-backing-your-tech\/\">who\u2019s heating up accounting tech?<\/a>\u00a0 |\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2021\/03\/17\/irs-efiling-feb-19\/\">another tax season from hell?<\/a><\/p>\n<p><strong>exclusively for pro members. <\/strong><a style=\"background-color: #ffffff;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2021\/04\/19\/accountants-handle-53-of-e-filings\/\">log in here<\/a>\u00a0or\u00a0<a class=\"external\" style=\"background-color: #ffffff;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><\/strong><\/p><\/blockquote>\n<p>there are concerns, however. \u201cavailability of skilled personnel\u201d reemerged as the top-cited challenge for businesses as job recruitment turns up. and two-thirds of business executives now express concern about inflation, up from 44 percent last quarter.<\/p>\n<p><!--more-->seventy percent of business executives expressed optimism about the u.s. economy over the next 12 months, up from 47 percent last quarter, as government relief funds, vaccine rollouts, and relaxed workplace restrictions have improved business conditions. it\u2019s the first time a majority of executives have held a positive sentiment on the economy since the pandemic began in the first quarter last year, and it\u2019s the highest level that measure has reached since the second quarter of 2018.<\/p>\n<p>most of the outlook was overwhelmingly positive, however:<\/p>\n<ul>\n<li>business executives\u2019 optimism about their own organization\u2019s prospects over the next 12 months rose to 76 percent from 58 percent last quarter<\/li>\n<li>some 69 percent of executives say their companies plan to expand in the next 12 months, up from 58 percent last quarter<\/li>\n<li>profits are expected to grow by four percent in the next 12 months, more than doubling last quarter\u2019s 1.9 percent forecast. and revenues are expected to climb five percent, up from three percent. both projections are at their highest level since 2018.<\/li>\n<li>the hiring picture is also significantly improved, with 33 percent of executives saying their companies planned to fill positions immediately, up from 19 percent last quarter. another 14 percent said they have too few employees but are hesitant to hire. the percentage of executives who said their companies had too many employees declined from seven to four percent, quarter over quarter.<\/li>\n<\/ul>\n<figure id=\"attachment_84582\" class=\"thumbnail wp-caption alignright\" style=\"width: 201px\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-84582\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/ash-noah-aicpa-2021.jpeg\" alt=\"\" width=\"201\" height=\"159\" \/><figcaption class=\"caption wp-caption-text\"><strong>noah:<\/strong> &#8220;the worst is behind us.&#8221;<\/figcaption><\/figure>\n<p>\u201cwhat we\u2019re seeing is a broad expectation that things will really open up in the second half of the year,\u201d said ash noah, cpa, cgma, vp and managing director of cgma learning, education, and development for the association of international certified professional accountants, representing the aicpa and cima. \u201cmany issues remain, of course. supply chains are still straining to meet demand in a number of sectors. the global response to the pandemic still contains many uncertainties, which impact the united states. but we are clearly seeing growing confidence on the part of business executives that the worst is behind us.\u201d<\/p>\n<p>the aicpa survey is a forward-looking indicator that tracks hiring and business-related expectations for the next 12 months.\u00a0the cpa outlook index\u2014a comprehensive gauge of executive sentiment within the aicpa survey\u2014 now stands at 78, up 10 points from last quarter and its highest level since the third quarter of 2018. the index is a composite of nine, equally weighted survey measures set on a scale of 0 to 100, with 50 considered neutral and higher numbers signifying positive sentiment. every component of the index rose at least six points in the past quarter.<\/p>\n<p>other key findings of the survey:<\/p>\n<ul>\n<li>some 50 percent of business executives expressed optimism about the global economy, up from 37 percent last quarter<\/li>\n<li>after \u201cavailability of skilled personnel,\u201d the top challenges cited by businesses are \u201cmaterials\/supplies\/equipment costs\u201d \u2013 no. 6 last quarter \u2013 and \u201cdomestic political leadership.\u201d<\/li>\n<li>companies\u2019 input prices are predicted to increase by 4.4 percent over the next 12 months, up from last quarter\u2019s forecast of 3.1 percent. conversely, the prices executives expect their companies to charge are expected to increase 2.7 percent in that timeframe, up from 1.8 percent.<\/li>\n<li>sectors seeing stepped-up hiring compared to last quarter include the category that includes pharmaceutical companies and medical device makers, manufacturing, and hospitality and entertainment. those seeing increases ramp down a bit include banking and real estate.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><a href=\"\/\/www.g005e.com\/?p=84579\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-84584\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-849x416.png\" alt=\"\/\/www.g005e.com\/?p=84579&amp;preview=true\" width=\"250\" height=\"122\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-849x416.png 849w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-300x147.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-600x294.png 600w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-424x208.png 424w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-768x376.png 768w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am-1536x752.png 1536w, \/\/www.g005e.com\/wp-content\/uploads\/2021\/06\/screen-shot-2021-06-03-at-9.13.30-am.png 1704w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a><br \/>\n<strong>cpa execs forecast economic boom.<\/strong><br \/>\n<em>by 卡塔尔世界杯常规比赛时间<br \/>\n<\/em><em>via aicpa<\/em><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2779,2780,5,2274,3120,2297,11,7],"tags":[4278,3958,4281,643,715,4283],"class_list":["post-84579","post","type-post","status-publish","format-standard","hentry","category-charts-graphs","category-news-2","category-outlook","category-pricing","category-pro-member-exclusive","category-staffing","category-research","category-bsg-finance-professional","tag-billing-rate","tag-cpa-billing-rates","tag-fee-structure","tag-hiring","tag-jobs","tag-pricing-rates"],"acf":[],"yoast_head":"<!-- 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