Accounting & bookkeeping ‘State of the industry’ report

Get a pulse on Canada's 2023 accounting and bookkeeping landscape. Uncover industry shifts, explore cloud-software benefits, and gather crucial insights to navigate the challenges and opportunities defining today’s advisory world for your practice.

Cover of the State of the Industry report PDF.

Online accounting and growth go hand in hand

Here are some of the key insights from our survey of 491 independent accountants and bookkeepers across Canada.

Practice growth reaches new highs

70% of practices, led by large & medium firms, credit revenue growth to a surge in client numbers.

Shift to advisory services grows

22% added client advisory services in a year, with value-based pricing gaining traction among larger firms.

Cloud adoption empowers practices

46% adopted cloud software in 2 years for half their client tasks, boosting flexibility and collaboration.

Illustration of two people climbing a bar chart

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