Getting a Handle on COVID

Views from the front lines: Victoria Martin, Elaine Kovner, Gary Zeune

Accountants show new signs of optimism as fears of COVID chaos wane.

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By CPA Trendlines Research

The turning of a terrible tide of COVID pessimism has been neither quick nor clear-cut as the endless Busy Season of 2020 drags on, according to new findings and analysis from the CPA Trendlines Busy Season Barometer.

MORE TRENDS in SURVEYS & RESEARCH: COVID Crushes CPA Business OutlookIs the Worst Over? 63% of Small Business Say So | Beat the Covid Crisis with These 20 Steps for Your Firm and Your Clients | Clients, Revenues, Profits – Trending Down, Down, Down | Covid Crushes Rosey Forecasts | The Seven Factors Keeping Accounting Firms Afloat Amid COVID-19 | Feeling the Pain? The Biggest Job Losses by Client Sector | Tax Season Pivots to Covid Rescue Season | Planning for the Coronavirus Recession | How Accountants Are Coping with COVID-19 |

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The outlook certainly isn’t back to where it was in the sunny days of February. But hopes for a better year have edged up from 23 percent in April to 27 percent in May.