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Accounting Services Price Index, 2016

Released: 2017-12-21

Accounting Services Price Index

2016

2.8% increase

(annual change)

The Accounting Services Price Index rose by 2.8% in 2016, the largest increase since 2009, with every component increasing for the third consecutive year.

The largest gain was in tax preparation services for corporate clients (+3.3%). This was followed by bookkeeping, compilation, payroll and general accounting services (+3.1%) and audit, review, related services and other assurance services (+3.0%). Tax preparation services for individuals and unincorporated businesses rose by 2.0%.

Chart 1  Chart 1: Accounting Services Price Index
Accounting Services Price Index


  Note to readers

The Accounting Services Price Index is an annual survey. The index collects prices for accounting engagements that are used to measure price movements over time in the accounting services industry.

With each release, data for the previous year may have been revised. Data are available at the Canada level only.

A Historical Timeline of Canadian Producer Price Statistics

To celebrate Canada 150, A Historical Timeline of Canadian Producer Price Statistics, which is part of Statistics Canada — Infographics (Catalogue number11-627-M), was created to showcase the key milestones in the history of Canadian producer price statistics. This historical timeline contains answers to questions such as: Who collected Canada's first statistics? What do Canadian producer price indexes measure?

Infographic: Producer Price Indexes at a Glance

The infographic "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (Catalogue number11-627-M), is available. This infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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