• Plan for Success

    Count on us for 100+ years of accounting excellence.

    At Faber, we are more than just accountants - we are your reliable partners in achieving financial success and growth. With a commitment to excellence, a wealth of experience, and a passion for helping businesses thrive, we offer a comprehensive suite of taxation, assurance, advisory, and accounting services in Edmonton tailored to meet the unique needs of our clients.

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  • Maximize your
    Tax Benefits

    We stay up to date with the latest tax laws and regulations to ensure you receive every deduction and credit you're entitled to. Our tax professionals in Edmonton are here to help you maximize your tax benefits.
  • Boost your Business's Potential

    Our experts offer advisory services that empower your business to thrive in today's competitive landscape. Whether you need financial planning or risk management we're here to offer strategic insights and innovative ideas. Hire our advisory services and enjoy your business’s success.
  • Experience Excellence in Accounting and Assurance

    "Faber – with 100+ years of experience, where excellence meets accounting and assurance services. With a proven track record of delivering accurate financial reporting, we are committed to exceeding your expectations. Contact us for reliable and cost-effective accounting and assurance services in Edmonton.”

    Hire the Best Accountants & Tax Consultants in Edmonton

    We are offering a diverse range of Tax and Accounting services in Edmonton that cater to businesses of all sizes, across various industries. Whether you’re a small startup or an established corporation, we have the expertise to support your financial journey.

    Tax Strategic & Planning

    Our experts offer inclusive tax planning strategies tailored to your unique financial situation, helping you minimize tax liabilities and maximize savings. Stay ahead in the ever-changing tax landscape with our strategic guidance.

    Audit Review and Assurance

    Trust our thorough audit and review processes to ensure regulatory compliance, identify risks, and gain valuable insights for your business’s financial health and decision-making.
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    Related Advisory

    From business consulting to financial management, our tax advisory services provide you with the expertise and support needed to make informed decisions and drive your business toward success.

    General Accounting

    Let our skilled accountants in Edmonton handle your financial reporting, budgeting, and analysis needs, giving you the clarity and confidence to focus on what you do best – growing your business.
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    From Accurate Financial Audits to Strategic Tax Planning

    We are more than just a firm of accountants and advisors in Edmonton. We are your dedicated partners in financial success. With a commitment to excellence and a passion for empowering businesses, we offer a widespread suite of services designed to meet the diverse needs of our clients. From strategic tax planning and precise audit reviews to expert advisory and reliable general accounting, we stand ready to support your business at every stage of its journey. Experience the difference today and take the first step towards a prosperous financial future. Let’s discuss how we can support your financial goals.

    Client Success Stories

    Our track record speaks for itself. Over the years, we have had the privilege of working with numerous clients helping them overcome financial challenges and achieve their business objectives. Here is a success story from our satisfied client:
    • General Manager, Corporate Services City of Cold Lake.
      Linda Mortenson

      The team at Faber is practical, reliable and easy to work with. That’s why we’ve gone to them for two decades.”
      2018

    The Competitive Landscape
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    Edmonton’s business environment is constantly evolving, and staying ahead requires more than just routine accounting services. We aim to be your proactive partner in success. Our industry insights, tailored solutions, and innovative strategies empower your business to make informed decisions and capitalize on emerging opportunities.
    Your Success is our Success
    We measure our success by the success of our clients. We take immense pride in being a part of your journey to financial prosperity and growth. As your dedicated partner, we are committed to providing the best tax and accounting solutions, the highest level of service, and the most valuable insights to drive your business forward.
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    Board on a Journey of Financial Empowerment

    We believe in equipping you with the knowledge and insights needed to conquer the world with confidence. That’s why our team of expert accounting and finance professionals continuously releases a treasure trove of free instructional content, exclusively designed to be your guiding light.

    1.

    Dive into our Expansive Blog Library:

    Reveal a wealth of wisdom in our ever-growing blog library, precisely crafted by our professional team. Delve into weekly insights and expert suggestions covering diverse topics, from business investing and tax guidance to business strategies.

    2.

    Tune into Dan Faber's Riveting Podcast:

    Experience the power of auditory learning with Dan Faber's captivating 'Faber LLP' podcast. Join us today to boost your business efficiently and meet all the challenges effectively.

    3.

    Visual Learning Made Easy with Informative Videos:

    If visual learning is your style, we've got you covered. Our brilliant accountants present simple yet insightful videos, empowering you to make informed decisions during crucial financial moments.

    Why We Stand Out from the Crowd
    1.

    Expertise that Counts:

    Our team of highly qualified professionals possesses extensive knowledge in various domains, from general accounting to complex tax planning. With years of experience in serving businesses across Edmonton, we have the expertise to handle your financial challenges and drive growth.

    2.

    Tailored Solutions:

    We know that each business is different, and a one-size-fits-all approach won't work. That's why we take the time to understand your unique needs, challenges, and goals, and then craft personalized solutions that align with your vision for success.

    3.

    Comprehensive Services:

    From accounting and assurance to businesses consulting and tax strategy, we offer a wide range of accounting services in cater to all aspects of your financial journey. This means you can rely on us as a one-stop shop for all your financial needs.

    4.

    Innovative Solutions:

    Our commitment to staying at the forefront of industry trends and leveraging cutting-edge technologies allows us to offer innovative solutions that optimize your financial processes and help you stay ahead in the competitive market.

    FAQs

    How Much Does an Accountant Cost in Edmonton?

    The cost of hiring an accountant in Edmonton can vary significantly depending on factors like location, the complexity of your financial situation, and the specific services you require. On average, accountants in Edmonton charge hourly rates ranging from $100 to $300 or more, with additional fees for specialized services such as tax planning, audit support, or financial consulting. Small businesses might pay less for basic bookkeeping services, while larger corporations or individuals with intricate financial needs may incur higher costs. It's crucial to obtain detailed quotes and discuss fee structures with prospective accountants to ensure transparency and to align their services with your budget.

    How Do I Choose a Good Accountant?

    When selecting an accounting and tax firm in Edmonton, it's essential to consider several key factors. First, ensure they are a Chartered Professional Accountant (CPA), as this designation signifies their professional competence and adherence to strict ethical standards. Next, assess their experience in your specific industry or with your financial needs, as specialization can be beneficial. Ask for referrals or check online reviews to gauge their reputation and reliability. Lastly, discuss their fee structure, communication style, and how they plan to support your financial goals. A good accountant should offer personalized advice, transparent pricing, and a proactive approach to help you make informed financial decisions.

    What are the Golden Rules of Accounting?

    The golden rules of accounting, also known as the basic principles of accounting, are the foundation for maintaining accurate financial records. They consist of three key principles:

    The Revenue Recognition Principle:

    This rule states that revenue should be recorded when it is earned, not when cash is received.

    The Matching Principle:

    The recognition of expenses and the income they contribute to should occur in the same accounting period.

    The Cost Principle:

    Assets must be documented at the price paid at the time of purchase. This value should be maintained unless there is a significant change in value. These principles help ensure the accuracy and consistency of financial reporting. It enables businesses and individuals to make informed financial decisions and comply with accounting standards.

    When Do You Need an Accountant?

    You may need an accounting and tax firm for various reasons, such as tax preparation, financial planning, and business management. Common situations include filing complex income tax returns, starting or selling a business, facing a tax audit, or needing assistance with investment and retirement planning. Additionally, individuals and businesses often seek accountants to maintain accurate financial records, reduce tax liabilities, and make informed financial decisions. Having one of the best accountants in Edmonton can help navigate the ever-changing tax laws and regulations and ensure compliance while optimizing your financial position.

    What Benefits Does an Accountant Give You?

    Hiring an accountant offers numerous advantages. Accountants can help you navigate the complex tax system, minimize tax liabilities, and ensure compliance with tax laws. They can also provide valuable financial advice and planning to help you reach your long-term goals. Whether that's saving for retirement, managing investments, or growing your business. Furthermore, an accountant's expertise can save you time and reduce stress. Allowing you to focus on other aspects of your life or business. Their in-depth financial knowledge and experience can help you make informed decisions and ultimately improve your financial well-being.

    What Does a CPA Firm Do?

    A Certified Professional Accountant firm in Edmonton provides a wide range of financial and accounting services to individuals, businesses, and organizations. Their primary functions include auditing financial records, preparing and analyzing financial statements, and ensuring compliance with relevant laws and regulations. Edmonton CPA firms assist in tax planning and preparation, helping clients optimize their tax positions while staying within legal boundaries. They also offer advisory services, such as financial consulting, budgeting, and investment strategies. Additionally, one of the best CPA firms in Edmonton often specializes in specific industries or services. Such as forensic accounting, estate planning, or risk management, tailoring their expertise to meet the unique needs of their clients. These firms play a vital role in maintaining financial integrity and supporting the financial health of their clients.
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    The luxury tax, which was first announced in Canada in the 2021 Budget, took effect on September 1, 2022. It will impact individuals who purchase high-value cars, airplanes, and boats, as well as manufacturers and vendors that produce, wholesale, or retail these goods.

    February 12, 2024

    Every group benefit plan has its pros and cons. It is important to educate your employees about their options and the benefits of each choice.

    February 12, 2024

    As tax season approaches in Canada, it’s time to start thinking about how to make the most of your tax return. The Canadian tax system offers numerous opportunities for individuals to optimize their financial situation and receive the maximum refund possible.

    February 8, 2024

    In a move to tackle the housing crisis gripping major Canadian cities, the Department of Finance Canada has released a draft legislation aimed at curtailing the tax benefits associated with short-term rentals.

    February 7, 2024

    Canadian individuals who choose to utilize US Limited Liability Companies (LLCs) for earning rental income or conducting business in the United States encounter a host of challenges due to the distinct tax treatment by the Canada Revenue Agency (CRA).

    January 11, 2024

    Filing your tax return can be a perplexing task, with various lines and numbers demanding your attention. One such line that may catch your eye is Line 15000.

    January 8, 2024

    Many employers may be planning to give gifts or awards in 2024 to their employees. But what are the tax implications?

    January 5, 2024

    Filing and paying taxes is a crucial task for every Canadian citizen. Skipping this responsibility can lead to serious consequences. So, it’s best to stay on top of deadlines and requirements.

    January 2, 2024

    With tax season upon us, it’s important to stay informed about changes to taxation laws and guidelines. Here are some of the most important updates to keep in mind.

    December 14, 2023

    Income tax in Canada holds a central position within the nation’s fiscal framework. It serves as a cornerstone for funding essential public services and infrastructure projects.

    December 8, 2023

    The tax system in Canada aims for income from salaries and dividends to generate the same after-tax cash in the

    November 29, 2023

    The Canada Revenue Agency (“CRA”) has released an extended deadline of April 30, 2024, to file the 2022 UHT returns

    November 6, 2023

    Paying taxes isn’t merely a legal requirement; it’s a crucial pillar of Canada’s financial stability. The responsibility for this falls

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    April 23, 2021

    Let's Talk

    P 780-432-5262

    Got a project on your mind? Let’s discuss.

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    Faber LLP is a full-service, Edmonton-based accounting firm dedicated to helping people and their organizations plan for success across Edmonton. Our aim is to be the preferred firm for all of your taxation, accounting and assurance, and advisory needs.