CFOs cultivate the flowers, eradicate weeds
Finance leaders remain optimistic about the economy, according to Grant Thornton LLP's CFO survey for the first quarter of 2023, but cost optimization remains a top priority.
What’s in the report?
- More than two-thirds of CFOs expect their organizations’ net profits to increase over the next 12 months.
- Funding their needs while postponing spending on “wants” is a priority for CFOs as they work to control costs.
- Finance leaders are increasingly focused on environmental, social and governance topics as they await guidance from the SEC on climate disclosures.
- The portion of CFOs who say they won’t be able to meet their supply chain and staffing needs has decreased.
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Sean Denham
National Audit Growth Leader,
National SPAC Leader, Office Managing Partner, Philadelphia
Sean Denham is the Global Services Industry Leader and Office Managing Partner (OMP) for Grant Thornton’s Philadelphia office.
Philadelphia, Pennsylvania
Industries
- Manufacturing
- Technology and telecommunications
- Transportation, logistics, warehousing and distribution
Service Experience
- Audit
- Private company audit
- Public company audit
Christopher P. Schenkenberg
National Managing Partner, Regional Tax Business Lines
Chris Schenkenberg has extensive experience working in M&A, conducting tax due diligence reviews for both financial and strategic clients. He also has significant technical knowledge in acquisition structuring, divestiture planning and tax accounting methodologies.
Chicago, Illinois
Industries
- Manufacturing
- Technology and telecommunications
- Retail and consumer products
Service Experience
- Tax
Lisa Heacock
Managing Director and West Coast Market Leader
Los Angeles, California
John Friedman
Managing Director, ESG & Sustainability Services
John Friedman is a managing director in Grant Thornton LLP’s Environmental, Social and Governance (ESG) and Sustainability practice, based in the firm’s Arlington, Virginia office.
Arlington, Virginia
Industries
- Manufacturing
- Hospitality and restaurants
- Energy
Service Experience
- ESG
- Growth and transformation
Jessica Feeley
Director, ESG & Sustainability Services
Boston, Massachusetts