“I don’t get it.”
Says CPA Conrad Geidt of Newport Beach, Calif., about the CPA Trendlines Busy Season 2010 survey, here: Economy Tops Busy Season Problems.
He’s struck by the irony of a sputtering economy and a surging profession:
57% say the general economic situation is affecting their business. (One would assume this to be a negative factor!!) BUT, 54% (19+35%) say their business is better off!!!
I wish I could say that CPAs are eternal optimists, but reality teaches me this is the profession that brought us the failure of Arthur Andersen and Enron. We just don’t seem to really understand micro and macro economic issues. It appears to me that we are headed into more uncertainty and challenges for all business. Heck, all you have to say is health care to know that business has big challenges ahead.
I suppose CPAs have gained a new “right to work act.” Unfortunately, this will not be good for business in general.
