AICPA to Release Results of CPA Economic Outlook Index on Thursday, March 6

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

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, Thursday, March 6.

The AICPA’s survey is a forward-looking indicator that tracks hiring expectations over the next 12 months. As a point of comparison, the U.S. Department of Labor’s November employment report, scheduled to be released March 7, looks back on the previous month’s hiring trends.

The survey, which will be posted on the AICPA Press Center, incorporates responses from 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.

Arleen R. Thomas, CPA, CGMA, AICPA senior vice President, management accounting & global markets 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 questionnaire from Feb. 12 - Feb. 26. 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.

About the AICPA

The American Institute of CPAs (AICPA) is the world’s largest member association representing the accounting profession, with more than 394,000 members in 128 countries and a 125-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business valuation; and information technology. Through a joint venture with the Chartered Institute of Management Accountants (CIMA), it has established the Chartered Global Management Accountant (CGMA) designation to elevate management accounting globally.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Media representatives are invited to visit the AICPA Press Center at aicpa.org/press.

Contacts

American Institute of CPAs (AICPA)
Mitchell Slepian, 212-596-6177
mslepian@aicpa.org

Release Summary

AICPA to announce results of CPA Outlook Index, an indicator of how chief financial officers, controllers and other senior CPA business leaders view the U.S. economy, on March 6 at 7am EST.

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Contacts

American Institute of CPAs (AICPA)
Mitchell Slepian, 212-596-6177
mslepian@aicpa.org