CFOs cultivate the flowers, eradicate the weeds

Finance leaders expect growth but worry about costs


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

Sean Denham is the Global Services Industry Leader and Office Managing Partner (OMP) for Grant Thornton’s Philadelphia office.

Philadelphia, Pennsylvania

  • Manufacturing
  • Technology and telecommunications
  • Transportation, logistics, warehousing and distribution
Service Experience
  • Audit
  • Private company audit
  • Public company audit