According to an article posted on CFO, private-company CFOs surveyed by the American Institute of Certified Public Accountants (AICPA) said they have enough cash or have even increased their cash this year, but they remain reluctant to deploy it.

The report notes that 43% of 1,250 senior executives surveyed in an AICPA Business and Industry Outlook Survey have “about the right amount” of cash currently, while 36% said cash assets have increased from the first quarter to the second quarter of 2012. Additionally, 36% percent also said they specifically had more noncyclical cash and liquid assets, up from 31% in last year’s second quarter. Roughly 69% of the survey respondents represented privately owned firms.

The report also found that 24% of the total respondent base said they were hesitant to deploy their excess cash, an increase from 20% who felt that way last quarter. Only 12% said they would actually use it.

Read the full report from CFO.