1559Finance and Accountancy Briefings

Finance and Accountancy Briefing

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The Deloitte CFO Survey: 2012 Q1 results

Overview

The survey reveals that confidence among Chief Financial Officers about their own firms' finances has risen at the fastest rate since the survey started in 2007, taking it close to levels last seen in late 2010. The worries about the risk of recession and a breakup of the single currency that dominated corporate thinking at the end of last year have eased. On average CFOs now assign a 30% probability to the UK economy seeing a double dip recession, down from 54% in December. In December CFOs on average saw a 37% probability of one or more members of the single currency leaving the euro in 2012. This has fallen to 26% in the latest survey. Download the paper to read the report.

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