AICPA to Release Results of Quarterly Economic Outlook Survey Tuesday, December 6
Press Conference Call to be Held at 10:30 a.m. Eastern Standard Time
Published November 30, 2011
New York, N.Y. (Nov. 30) – The American Institute of Certified Public Accountants will announce the results of its most recent quarterly survey of how senior CPA business leaders feel about the U.S. economy via press release at 7:00 a.m. Eastern Standard Time, Tues., Dec. 6 and will post on www.aicpa.org/press.
AICPA Vice President for Business, Industry and Government Carol Scott and Jim Morrison, chief financial officer of Teknor Apex, will brief members of the press on the survey results and take questions at 10:30 a.m. Eastern Standard Time, Tues., Dec. 6.
Participant Dial-in Number: 866-654-8589
Conference ID #: 29043318
The poll was conducted via email questionnaire from Nov. 9 - Nov. 28. 916 CPA financial executives answered questions on their perceptions of the outlook for both their own companies and the U.S. economy broadly. These respondents have their fingertips on the pulse of their markets and up-to-the-minute information on corporate hiring, expansion and financing plans.
The quarterly Economic Outlook Survey measures the views of CPAs serving in business and industry who are closest to the finances of their companies and hold well-informed, sophisticated views of the economy.
The survey has a track record of accurately forecasting the direction of the U.S. economy. CPAs serving as CEOs, CFOs and controllers in their organizations clearly signaled the U.S. was in recession in 2008 at a time when there was still substantial debate among economists and market watchers about whether the U.S. was already in, or entering, a recession.