ACCA is aware that different businesses in different countries are experiencing these challenging times in different ways. Yet for all the attention devoted to the matter, there is still relatively little concrete information and anecdotal reports can be misleading. ACCA’s Global Economic Conditions survey aims to fill in important gaps in the understanding of global economic developments using the unique insights of finance professionals as a temperature check of the global economy.
This report is the first of a series of publications on the findings of the Global Economic Conditions Survey. Fieldwork for the first 2009 survey took place between 20 February – 14 March 2009 and online responses were received from 805 ACCA members in more than 80 countries around the world. ACCA sincerely thanks all members who have taken part in this survey.
ACCA aims to offer a snapshot of current issues and challenges and analyse trends in respect of opportunities and impacts. ACCA, as a global professional body, wishes to ensure it monitors closely the effect the economic downturn has on its members, so it can respond appropriately in terms of support provided, and use the findings to inform its strategy on influencing public policy.
The findings of the first survey, as summarised below, show that global economic conditions are having a real impact on business life.
Contents
Executive summary
1. About the global economic conditions survey
2. Business perceptions
3. Business impacts
4. Impact on finance professionals
5. Next steps and further reading
