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Accounting services price indexes

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The Daily


Wednesday, April 4, 2007

The Accounting Services Price Indexes (ASPI), which measure the change in the price of accounting services including auditing, tax preparation and bookkeeping, are now available for 2004 (revised) and 2005.

The ASPI increased 3.9% to 119.2 (2000=100) in 2005, down from the 4.6% increase in 2004 (revised). Prices for accounting services are now 26.4% higher than they were in 1999, when these indices were established.

In 2005, all accounting service categories registered price increases in Canada, ranging from gains of 2.8% for bookkeeping and compilation services, to 5.4% for tax preparation for individuals and unincorporated businesses.

Higher prices in Alberta contributed to a 5.4% rise in accounting service prices in the Prairie region, the biggest jump across Canada. Second to that was a 4.2% increase in British Columbia, while prices in the Atlantic region grew the least in 2005, by only 3.4%.

The ASPI series are disseminated both nationally and by region.

Available on CANSIM: table 326-0014.

Definitions, data sources and methods: survey number 2334.

For more information or to enquire about the concepts, methods or data quality of this release, call (toll-free 1-866-230-2248; 613-951-9606; fax: 613-951-1539; prices-prix@statcan.gc.ca), or Monique Beyrouti (613-951-1673; monique.beyrouti@statcan.gc.ca), Prices Division.