KPMG: 91% of US CEOs See Recession in Next 12 Months

The video discusses the potential for a recession, with 91% of US CEOs expecting one within 12 months. Despite this, 95% remain optimistic about growth over the next three years, focusing on mergers and acquisitions. ESG issues are seen as beneficial for financial performance, though some CEOs may slow ESG efforts during a recession. The workplace is shifting towards remote and hybrid models. KPMG is preparing for economic changes by focusing on digital transformation and operational efficiency. The accounting industry is seeing robust demand for audit and tax services during downturns.

What opportunities do CEOs see in the current economic landscape despite potential downturns?

What skills are CEOs focusing on when hiring new employees?

How do CEOs perceive the impact of a recession on their audit and tax services?