AICPA to Release Results of CPA Economic Outlook Index on Thurs., March 7

Financial Experts to Give Predictions on Business Hiring and Spending for Coming Year

February 28, 2013

Contact: Mitchell Slepian, 212-596-6177, .

NEW YORK - The American Institute of CPAs will announce the results of its CPA Outlook Index (CPAOI), an indicator of how chief financial officers, controllers and other senior CPA business leaders view the U.S. economy, at 7:00 a.m. EST, Thurs., March 7.

The survey, which will be posted on the
AICPA Press Center, incorporates responses from 1,376 senior-level CPAs on future hiring plans, growth in marketing and training and anticipated fluctuations in different categories of business spending. Survey takers also answered questions on the outlook for their companies in the coming year, as well as the U.S. economy as a whole.

AICPA Senior Vice President
Arleen R. Thomas, CPA, CGMA, and Jim Morrison, CPA, CGMA chief financial officer of Teknor Apex and chair of AICPA’s Business & Industry Executive Committee, will be available for press inquiries.

The poll was conducted via email questionnaire from Feb. 13 – Feb. 28. The quarterly CPAOI 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.