Of those polled, 9% said their organizations had already reached pre-pandemic business travel levels and another 25 predicted they would be by the end of the year. Another 29 predicted they would do so in the next 12 months. From April 27 to May 24, the AICPA interviewed 770 CEOs, CFOs, “controllers and other high-level CPAs who hold managerial and executive accounting positions,” according to the association.
âThe responses to business travel in our survey confirm its broader findings: There is growing optimism that the recovery will accelerate through the end of the year,â said Ash Noah, vice president of AICPA and Managing Director of Learning, Training and Development of Global Chartered Management Accountants. âWhile 91% of respondents confirm that restrictions on domestic and international travel are lifted, we are seeing a reassessment or reset of the types of travel that represent real value. We can also expect a longer lag in the resumption of global travel, given the varying degrees of effective response to the pandemic in different regions and nations. “
About 18% of those polled said their organizations were planning a âsignificant easingâ of their restrictions on domestic and cross-border travel, and 28% anticipated significant domestic easing but more limited cross-border easing. About 9% said their companies plan to maintain restrictions on domestic and international business travel.
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