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The Financial Year Links | CFOs Still Cautious About Growth: EY

CFO.com


Economic uncertainty, the ongoing debt-ceiling fight and the Affordable Care Act are causing CFOs to be cautious — perhaps overly so.

For many global CFOs, continuing economic uncertainty is reason enough to remain cautious, even prudently so, according to an Ernst & Young “CFO: Need to Know” paper.
www.ey.com/Publication/vwLUAssets/EY-Insights-Premiere-Issue/$FILE/EY-Insights-Premiere-Issue.pdf

The U.S. government shutdown, the ongoing debt ceiling fight and the Affordable Care Act are holding back companies from aggressively growing, according to EY, citing surveys by CNBC. Although the shutdown had a small impact on companies, the debt-ceiling fight brought firms to the edge, instilling fears of a potential deep recession if the United States went over the cliff, EY says.

Read more:
ww2.cfo.com/growth-strategies/2013/11/cfos-still-cautious-growth-ey/




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