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Forum nameFinancial Feast
Topic subjectAccounting fees Canada
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476, Accounting fees Canada
Posted by Genie07, Thu Jan-17-08 12:12 PM
Hello there,

Will be starting up a business in Alberta, Canada.

Could anybody give me an idea of how much an accountant would charge me (per month/per year) approximately to take care of full accounting for small business?

Thanks so much in advance for your feedback.

477, RE: Accounting fees Canada
Posted by csk317, Fri Jan-18-08 04:43 AM
Hi Genie,
My suggestion is just look through the yellow pages. Depending on what you are looking for, you would probably want someone local anyways. Do you have a business plan set up? You would want to outline those fees in operating budgets. Feel free to email me directly if you want to discuss how my firm may help you move forward. We are business consultants and develop business plans as well as help you flush out all the concerns that you will run into moving forward ie. accounting fees, roll-out strategies, marketing plans, etc.

494, RE: Accounting fees Canada
Posted by holibyte, Thu Mar-13-08 06:15 AM
Being a fellow Canadian I strongly urge you to NOT have an accountant to take care of your accounting.

Instead commission both a bookkeeper and an accountant. Use the bookkeeper to manage your books, use your accountant for tax advice, dealing with the government on your behalf and for filing your taxes.

Primarily reason is because most accountants subcontract to bookkeepers anyways to manage your books and they charge you a markup to do so.

This not only makes it cheaper for you but it gives you the advantage of having TWO specialists who can keep the other in line. While an accountant will certainly be more knowledgeable with tax laws, if either he or the bookkeeper is screwing things up significantly in maintaining your finances the other should be able to point it out to you.

If you need some names for places in Alberta let me know. I'm in Ontario myself but I have a lot of business contacts in your neck of the woods and would be happy to find some referrals for you.

Send me an email at if you're interested, otherwise I hope my advice was beneficial to you.