CFO Expectations for 2017
Mon, January 16, 2017
Deloitte released its Q4 2016 CFO Signals™ survey, which provides a look at how CFOs from North America’s largest corporations have reacted this past quarter to global realities and future expectations.
The survey revealed CFOs are anxiously awaiting the next U.S. administration, with 73% of surveyed CFOs expecting less congressional gridlock, and many anticipating substantial policy changes to take place in the next four years in the areas of:
• Health Care: 86% of CFOs expect the Affordable Care Act to be significantly modified.
• Taxes & repatriation of cash to the U.S: 66% expect corporate taxes to decline, and 74% say repatriation of cash to the U.S. will become more attractive.
• Immigration: 53% of CFOs foresee meaningful immigration reform legislation.
• Infrastructure investments: 69% of CFOs anticipate substantial new infrastructure investments and overwhelmingly expect the national debt to rise.