From Yahoo Finance: 2025-06-06 10:44:00

Audit partners in the US are growing more pessimistic about the economy, with 44% expressing concerns, up from 10% in the previous year. This shift reflects worries about potential recession and geopolitical instability, prompting firms to focus on financial performance and risk mitigation strategies. Despite layoffs, companies are investing in upskilling employees.

Audit partners are emphasizing the importance of strong anti-fraud cultures and increasing adoption of AI to enhance customer service and streamline operations. However, there is limited investment in cryptocurrencies by public companies, indicating a cautious approach amid regulatory scrutiny.

CAQ CEO Julie Bell Lindsay highlighted the valuable insights audit partners provide into the business environment. Despite economic uncertainty, companies are investing in innovation, upskilling their workforce, and strengthening integrity cultures for long-term resilience and growth.



Read more at Yahoo Finance: Audit partners increased pessimism over US economy