Accountants are facing significant anxiety surrounding their companies' capabilities to maintain margins amidst ongoing disruptions. Geopolitical risks have taken precedence, becoming the primary concern for accounting professionals. Growing internal vulnerabilities have also surfaced, including governance issues, high operating costs, and workforce challenges. Confidence levels among accountants vary by region, with North America experiencing slight improvements while Asia Pacific confidence sharply declined. CFOs showed declining confidence, further indicating stress within financial operations, and the potential for price increases amid high operational costs remains a worry.
Accountants are increasingly concerned about their companies' ability to sustain margins and lead amid constant change and disruption. Geopolitics has emerged as the top global risk priority for accountants.
Accountants, particularly in North America, expressed growing concern over internal vulnerabilities such as governance gaps, cost fragility, workforce strain, and cultural and digital readiness. Confidence among finance chiefs declined in Q2.
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