Article: Economic outlook remains uncertain: CPA financial executives share insights on credit, collections, staffing and customer demand.

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Recessions--roughly two per decade--have occurred quite regularly since World War II. Most last less than four quarters, according to International Monetary Fund data. But the depth and breadth of recessions are notoriously difficult to predict. This article focuses on what CPA financial executives have experienced in the current recession, using data from the first quarter Business and Industry Economic Outlook Survey (tinyurl.com/d2tomw) conducted by the AICPA and the University of North Carolina's Kenan-Flagler Business School. The JofA supplemented this data by interviewing CPA financial executives in multiple industries and regions of ...

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