Senior management accountants are optimistic
about the effect of the global economy on their organisation over
the coming 12 months, according to global research.

The quarterly report CGMA Global Economic
commissioned by the Chartered Institute of Management
Accountants (CIMA) and the American Institute of Certified Public
Accountants (AICPA) surveyed 600 senior management accountants
around the world.

On a scale of 0 to 100, the overall index
score of optimism for the economy is up seven points to 65 in the
past quarter.

The ten optimism indicating factors include
global economic, domestic economic and organisational optimism as
well as plans for expansion, revenue, profits, headcount, spending
on IT, and training and development.  

The results showed accountants’ confidence is
up about their own organisation but down on the global economy.

“Whilst it’s great to see that overall
confidence is up on the last quarter, when you look at the
underlying factors there is a marked difference between how they
feel about their own organisation’s ability to succeed in
continuing challenging times and their confidence in the domestic
and global economy to emerge from the gloom,” CIMA chief executive
Charles Tilley said.