Industry group

5412 Accounting, tax preparation, bookkeeping and payroll services

Services de comptabilité, de préparation de déclarations de revenus, de tenue de livres et de paye

Official definition

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

Classification Reference

Official classification fields for this page

Official classification fields taken from the current StatCan source bundle.

Characteristic Description
Official titleAccounting, tax preparation, bookkeeping and payroll services
ClassificationNAICS Canada 2022 Version 1.0
Publishing authorityStatistics Canada
Hierarchical levelIndustry group
Parent code541 - Professional, scientific and technical services
International correspondenceISIC Rev. 4; harmonized with US and Mexico NAICS at higher levels.
Sourcehttps://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index
Source verification2026-08-13
Canada Business Context

Canada-wide tax and filing context

Canada-wide business, tax, and filing context from the local country pack and tax pack.

Characteristic Description
Tax authorityCanada Revenue Agency (CRA)
Business identifierBusiness Number (BN): 9-digit identifier with program account suffixes such as RT0001 for GST/HST, RP0001 for payroll, and RC0001 for corporate income tax.
Filing requirementsBusiness Number registration; Form T2125 (Statement of Business or Professional Activities) attached to T1; Form T2 (Corporation Income Tax Return); Form T5013; Form GST34
Sector authorityNo cluster authority recorded in the local country pack.

Classification Confidence Score

3 of 5 factors passing

6/ 10
Verified official sourcenaics-scian-2022-structure-v1-eng.csv (2026-08-13)
International crosswalkNo international correspondence found
Previous edition migrationNAICS 2017 to 2022 continuity confirmed
Complete hierarchy3 levels confirmed in hierarchy
Size or threshold documentedNot applicable for hub levels
Trade or export matchNo direct HS code correspondence in current bundle
Legacy crosswalkLegacy system (SIC 1980) retired in this region
Business Profiles

When you might need code 5412

Professions specific to this sector are linked to this part of the Canadian classifier so the page speaks to real work teams.

01 5412
Industrial design director

Use this page when the file covers product design briefs, prototype direction, design programs, and client approvals. It helps confirm whether 5412 Accounting, tax preparation, bookkeeping and payroll services is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

02 5412
Architectural practice manager

Use this page when the file covers design projects, permitting sets, consultant coordination, and client briefs. It helps confirm whether 5412 Accounting, tax preparation, bookkeeping and payroll services is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

03 5412
Forensic accounting specialist

Use this page when the file covers investigations, financial tracing, expert reports, and litigation support. It helps confirm whether 5412 Accounting, tax preparation, bookkeeping and payroll services is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

04 5412
Environmental consulting partner

Use this page when the file covers site studies, compliance reviews, field sampling projects, and client advisory. It helps confirm whether 5412 Accounting, tax preparation, bookkeeping and payroll services is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

Business Map

Business categories in this branch

A rotating set of business activity examples linked to this part of the Canadian hierarchy.

Research workLegal advisoryDesign servicesAccounting supportSoftware consulting

Source row

5412Accounting, tax preparation, bookkeeping and payroll services

This page mirrors the source row from the structure CSV and the matching rows from the elements and crosswalk files.

Frequently asked questions

What does code 5412 cover?

Accounting, tax preparation, bookkeeping and payroll services: This industry group comprises establishments primarily engaged in auditing accounting records; designing accounting systems; preparing financial statements; developing budgets; preparing tax returns; processing payrolls; bookkeeping; and billing.

Which level of the hierarchy is 5412?

It is a industry group page in the NAICS Canada 2026 hierarchy.

What is the parent of 5412?

It rolls up to 541 Professional, scientific and technical services.

Should I stop at 5412 or go lower?

1 lower-level item(s) sit under this branch: Accounting, tax preparation, bookkeeping and payroll services.

Are official inclusion notes attached to 5412?

No inclusion rows are attached to this page in the local elements file.

Are there exclusion notes for 5412?

No exclusion rows are attached to this page in the local elements file.

Does 5412 include illustrative examples?

No example rows are attached on this page in the local elements file.

What kinds of businesses often start from this page?

Examples in this branch include Research work, Legal advisory, Design services, Accounting support, Software consulting.

Is there an ISIC mapping for 5412?

No ISIC correspondence row is attached to this page.

Does this page show a US NAICS reference?

No same-code US NAICS reference row is attached on this page.

Why are both English and French titles shown?

NAICS Canada is bilingual, so the page keeps both language titles visible for comparison and lookup.

Where does the page text come from?

From the local StatCan structure file, elements file, ISIC crosswalk, and the bundled US 6-digit reference workbook.