Accounting Services Price Index, 2015
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The Accounting Services Price Index rose by 2.3% in 2015, with every component of the index increasing. This was the largest gain in six years.
Tax preparation services for individuals and unincorporated businesses (+3.5%) posted the largest increase, followed by audit, review, related services and other assurance services (+2.8%) and tax preparation services for corporate clients (+2.7%). Bookkeeping, compilation, payroll and general accounting services rose by 1.1%.
Although the biggest gain was in tax preparation services for individuals and unincorporated businesses, the overall increase in the Accounting Services Price Index was driven by audit, review, related services and other assurance services, the largest component of the index, which also posted its largest advance in six years.
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.
Infographic: Producer Price Indexes at a Glance
The infographic "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (), is available. This infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy. 11-627-M
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