Chief financial officers are slowly becoming more confident in the U.S. economy, their companies' financial prospects and their organizations' ability to manage financial risk, according to a survey from TD Bank.
TD Bank surveyed 150 CFOs, comptrollers, treasurers and other finance executives across the country in a variety of industries. The company found almost two-thirds of respondents are more confident in their ability to manage risk, and 25 percent of CFOs said they are looking to take on more risk.
Despite the growing optimism toward the economy and risk management, CFOs said there are several issues of concern. Economic uncertainty, regulatory changes and the increased cost of doing business were cited as the main challenges to managing finances today.
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