Understanding the Global Economy

Since IMA is a worldwide association of accountants and financial professionals, one critical aspect of their mission is to identify and analyze trends that impact all of their members. In keeping with that mission, in January 2012, IMA released the results of a groundbreaking study, the largest-eve...

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Bibliographic Details
Published inStrategic finance (Montvale, N.J.) Vol. 93; no. 9; p. 6
Main Author McGuire, Brian L
Format Magazine Article
LanguageEnglish
Published Montvale Institute of Management Accountants 01.03.2012
Subjects
Accounting
Associations
Economic conditions
Economic recovery
Financial services
Global economy
Polls & surveys
Professionals
Trends
United States > US
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Summary:Since IMA is a worldwide association of accountants and financial professionals, one critical aspect of their mission is to identify and analyze trends that impact all of their members. In keeping with that mission, in January 2012, IMA released the results of a groundbreaking study, the largest-ever economic survey of finance professionals. These results, while painting a pretty bleak picture of the state of the global economy, also revealed opportunities for their members as they strive to add strategic value to their organizations. The study, titled Global Economic Conditions Survey Report: Q4, 2011, was conducted by IMA in conjunction with ACCA (the Association of Chartered Certified Accountants), a global body for professional accountants. Comparing results by industry, the survey found that professionals working in utilities firms, which are often domestically focused and fairly hearty in response to economic conditions, reported some of the strongest net confidence gains.
ISSN:1524-833X