pandemic cuts profits at 42% of firms, client numbers off at 29%, and revenues down at 38%.
the 卡塔尔世界杯常规比赛时间 business barometer
how accountants are managing:
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like just about every other business in the world, cpa practices are hunkering down for a year of hard times. yet a third of them think they can buck the odds and see some increase this year.
more: saving 10,000 businesses from the covid crash | the seven factors keeping accounting firms afloat amid covid-19 [survey results] | feeling the pain? the biggest job losses by client sector | tax season pivots to covid rescue season | how accountants are coping with covid-19 | survey: confronting coronavirus chaos | planning for the coronavirus recession | tax season turns ugly under coronavirus | tax season turns ugly under coronavirus | coronavirus culture-shift hits accounting firms | 41 items to check on business tax returns | tax season funnies: the poetic versions | how to stop drowning in covid tax deadlines [webinar]
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back in the bullish days of february, the 卡塔尔世界杯常规比赛时间 2020 busy season barometer was reflecting expectations of more clients, burgeoning revenue, and increased profit, with a medium-chance of more extensions.
but these bearish days see most practitioners expecting a year stagnant at best and quite likely worse than stagnant in all benchmarks of success.