FEI Identifies Top Challenges for Finance Execs

Financial Executives International has released its annual list of the main issues that should be high on the agenda of financial executives in 2011.

Those issues include economic recovery and the U.S. financial outlook; the health care reform law; financial regulatory reform; global convergence of U.S. GAAP and International Financial Reporting Standards; reform of private company accounting; the Internal Revenue Service’s new requirements for disclosing uncertain tax positions; business taxation; pending international business issues such as trade deals with South Korea and Colombia; and climate change.

Economic indicators are improving, according to FEI’s latest CFO Outlook survey. But many uncertainties remain, such as the effect of the Federal Reserve’s quantitative easing program on businesses, concerns over certain aspects of the global economy and the impact federal regulators will have on industry. Unemployment levels are still high, and though credit is available, requirements to obtain it are more stringent.

To obtain a copy of the report, visit www.financialexecutives.org.

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