Updated Tuesday, July 29, 2014 as of 2:47 AM ET
Practice - Regulatory/Compliance
CFOs Worried about Fiscal Cliff, Taxes
by: Michael Cohn
Tuesday, December 4, 2012

This quarter, CFOs remain very concerned over the fate of the Eurozone.  When asked to rate their concern on a scale of one (not concerned) to five (very concerned), U.S. CFOs (93 percent) selected a "three or higher," and 81 percent of CFOs in Europe expressed identical concern. This remains consistent with their level of concern at the start of the year. CFOs were tentative to predict an outcome of the latest efforts by the ECB and the EU member states to solve the Euro crisis (53 percent of CFOs in the U.S. and 37 percent of CFOs in Europe believed it was "too early to tell").

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