Variant of NAICS 1997 - Labour Force Survey (LFS) Industries

54121 - Accounting, Tax Preparation, Bookkeeping and Payroll Services

This industry comprises establishments primarily engaged in auditing accounting records; designing accounting systems; preparing financial statements; developing budgets; preparing tax returns; processing payrolls; bookkeeping; and billing.

541212 - Offices of Accountants

This Canadian industry comprises establishments primarily engaged in providing a range of accounting services, such as the preparation of financial statements, the preparation of management accounting reports, the review and auditing of accounting records, the development of budgets, the design of accounting systems, and the provision of advice on matters related to accounting. These establishments may also provide related services, such as bookkeeping services, tax return preparation services, payroll services, management consulting services and insolvency services.

• Exclusion(s):

  Establishments primarily engaged in:

  • providing tax return preparation services, without also providing accounting or auditing services (See 541213 Tax Preparation Services)
  • providing bookkeeping, billing and payroll processing services, without also providing accounting or auditing services (See 541215 Bookkeeping, Payroll and Related Services)

• Example Activities:

  • Accounting services, professional
  • Certified accountants' offices
  • Public accountants, offices of
  • Registered industrial accountants' offices
  • Accountant, professional

541213 - Tax Preparation Services

This Canadian industry comprises establishments primarily engaged in providing only tax return preparation services. These establishments do not provide accounting, bookkeeping, billing or payroll processing services.

• Exclusion(s):

  Establishments primarily engaged in:

  • providing a range of accounting services (See 541212 Offices of Accountants)

• Example Activities:

  • Tax return preparation services (without accounting, auditing, or bookkeeping services)
  • Income tax return preparation services without accounting, auditing, or bookkeeping services

541215 - Bookkeeping, Payroll and Related Services

This Canadian industry comprises establishments primarily engaged in providing bookkeeping, billing or payroll processing services. These establishments do not provide accounting services, such as the preparation of financial statements, the preparation of management accounting reports, and the review and auditing of accounting records.

• Exclusion(s):

  Establishments primarily engaged in:

  • providing a range of accounting services (See 541212 Offices of Accountants)
  • providing tax return preparation services, without also providing accounting or auditing services (See 541213 Tax Preparation Services)

• Example Activities:

  • Billing services
  • Billing and bookkeeping services
  • Bookkeepers, offices
  • Bookkeeping services
  • Payroll processing services
  • Talent payment services