By AccountingWEB: Pessimism about the U.S. economy among chief financial officers and senior-level executive Certified Public Accountants eased in the second quarter, according to a new survey conducted by the American Institute of Certified Public Accountants and the University of North Carolina's Kenan-Flagler Business School.
Arleen Thomas, AICPA's senior vice president for member competency and development, said the shift in sentiment indicates financial executives and CPAs see the economy contracting at a slower pace and suggests the U.S. recession may be reaching a bottom.
Read complete article Economic Sentiment Turns Cautiously Optimistic Among CFOs and CPA Execs
Source: AccountingWEB, 14 May 2009. Copyright © 2009 AccountingWEB, Inc. All rights reserved.