Canadian Industrial Profile: Accounting—Spring 2017

The Conference Board of Canada, 2 pages, June 20, 2017
Industry Profile
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This industry profile provides a five-year forecast for Canada’s Accounting Industry.

Document Highlights

  • Business Counts—Growth in the number of businesses remains weak in Canada, limiting the growth in demand for core bookkeeping and auditing services.
  • Software—The increased availability of accounting software is leading to a rise in do-it-yourself accounting among small businesses, drawing clients away from the industry.
  • Mergers and Acquisitions—M&As reached a nine-year high in 2016 after a record number of pipeline deals, which will support demand for accounting services.

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