Accountants Express Concerns Over Economic Impact of Iran Conflict
A recent survey conducted by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) has revealed significant concerns among accountants regarding the economic impact of the ongoing conflict in Iran and surrounding regions. The survey, which polled 485 ACCA members and 72 IMA members, highlighted geopolitical risks as the top priority for accountants in the first quarter of 2026. This marks only the second instance where economic risks have not been the primary concern since the global risks section was added to the Global Economic Confidence Survey in 2023. The survey also noted a rise in operating costs, the highest since the third quarter of 2022, following Russia's invasion of Ukraine. Despite these concerns, some positive indicators were noted, such as the Global New Orders Index reaching its historical average level.