Over the five years to 2017, an expanding Canadian economy, in addition to an increasingly complex regulatory and tax structure, has bolstered demand for the Accounting Services industry in Canada. As a result, industry revenue is expected to rise over the five-year period. Industry growth has been propelled by an increase in the total number of Canadian businesses. Over the past five years, this diversity of services has helped provide a steady stream of revenue. Over the five years to 2022, industry revenue is projected to continue to grow, underpinned by anticipated growth in the total number of Canadian businesses and the expansion of multinational companies into Canada.
This industry audits the accounting records of public and private organizations and attests to compliance with generally accepted accounting practices. Accounting services establishments provide a variety of accounting services, including auditing accounting records, designing accounting systems, preparing financial statements, developing budgets and providing advice on matters related to accounting.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.