• Plan for Success with
    Edmonton Accountants

    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.

    Got a project on your mind? Let’s Discuss
  • Maximize Your Tax Benefits
    with Chartered Accountants

    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 Potential
    with Expert Accountants

    Our expert Edmonton accountants 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 Accounting Excellence with Professional Accountants

    "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.”

    Best Accountants & Tax Consultants in Edmonton

    Discover a comprehensive suite of Tax and Accounting services tailored for businesses in Edmonton at our firm. As leading Edmonton Accountants, our expertise spans diverse industries, providing adept financial support to businesses of all sizes. Whether you’re a burgeoning startup navigating initial challenges or a seasoned corporation seeking advanced financial strategies, our Professional Accountants in Edmonton are here to guide your financial journey.
    Our dedicated team specializes in understanding the unique financial landscapes of businesses, offering personalized solutions that align with your objectives. From meticulous tax planning to precise accounting services, we are committed to ensuring your financial success.
    As Accountants in West Edmonton, we pride ourselves on fostering a collaborative approach with our clients. Whether you require strategic tax advice, precise accounting management, or comprehensive financial consultation, our professional team in Edmonton is equipped with the knowledge and experience to meet your specific needs.

    At our Accounting firm, we believe in cultivating lasting partnerships. Beyond providing top-notch accounting services, we strive to be your trusted advisors, offering insights and support to propel your business towards sustained growth and financial excellence. Choose us for a seamless financial experience tailored to the unique needs of your Edmonton-based business.

    Tax Strategic & Planning

    Tax Strategic & Planning

    Edmonton Accountants provide tailored tax planning strategies for businesses, ensuring minimal tax liabilities and maximum savings. Navigate the evolving tax landscape with our expert guidance and stay ahead in your financial journey.

    Audit Review and Assurance

    Choose our Professional Accountants in Edmonton for full-spectrum Tax and Accounting services. Our rigorous audit processes ensure compliance, risk identification, and valuable financial insights. Whether startup or established, rely on our Edmonton Accountants for strategic tax guidance.

    Audit Review and Assurance
    Related Advisory Tax Accountant Edmonton

    Related Advisory

    As premier Accountants in Edmonton, our comprehensive Edmonton Accounting Services include business consulting and financial management. Our tax advisory services ensure expert support for informed decisions, propelling your business toward unparalleled success.

    General Accounting

    Rely on our expert Accountants in Edmonton for precise financial reporting, budgeting, and analysis. With our tailored Edmonton Accounting Services, gain clarity and confidence to excel in growing your business.

    General Accounting Edmonton
    Taxation Advisory Accounting Finance
    Taxation Advisory Accounting Finance
    From Accurate Edmonton Financial Audits to Strategic Tax Planning

    From Accurate Edmonton 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.”

    The Competitive Landscape of Edmonton CPAs
    The Competitive Landscape Tax Accountant Edmonton
    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 in Edmonton, the highest level of service, and the most valuable insights to drive your business forward.

    Your Success is our Success Tax Accountant Edmonton
    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.


    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.


    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.


    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

    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.


    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.


    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.


    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.


    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 in Edmonton?

    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 in Edmonton?

    The golden rules of accounting, also known as the basic principles of accounting in Edmonton, 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 in Edmonton?

    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 Edmonton Accountant Give You?

    Hiring an Edmonton 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 an Edmonton 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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    Stepping into the area of Canadian residence is like entering a maze of regulations and classifications, with each turn revealing additional levels of complexity.

    May 17, 2024

    The tax regulations present a continual challenge for taxpayers and professionals alike. As we transition into 2024, the enactment of Bill C-47 brings forth significant changes in the form of enhanced Mandatory Disclosure Rules (MDR), marking a pivotal moment in tax compliance.

    May 14, 2024

    Closing a firm can be a tough but important phase in an entrepreneur’s path. Closing a business, whether due to changing market conditions, financial difficulties, or simply a change of direction, necessitates meticulous planning and execution.

    May 9, 2024

    The recent unveiling of the Government of Saskatchewan’s fiscal year 2024-25 budget marks a significant milestone in the province’s economic trajectory.

    May 6, 2024

    Whether you’re an experienced Canadian entrepreneur or just getting started, solving the complexity of GST and HST can feel overwhelming.

    April 30, 2024

    Are you a business owner in Canada looking to manage your taxes and benefits efficiently? Registering for a CRA (Canada Revenue Agency) Business Account is the first step towards ensuring compliance and accessing various government programs and services tailored for businesses. This comprehensive guide will walk you through the process, step by step, making it easy for you to complete the registration procedure with confidence.

    April 25, 2024

    In 2023, the Canadian economy encountered challenges from rising interest rates and inflation, which affected both firms and individuals. As we enter 2024, there is some optimism for relief, while the path to healthy economic growth remains uncertain, mainly due to rising interest rates’ repercussions.

    April 22, 2024

    The Conference for Advanced Life Underwriting (CALU) stands as a leading voice in advocating for the interests of financial advisors and insurance professionals across Canada.

    March 27, 2024

    The federal government has released new details about a new registered savings account for first-time home buyers. It’s called the FHSA and it combines aspects of both the RRSP and TFSA. Like the RRSP Home Buyers Plan, it allows withdrawals on a tax-free basis to help buy a qualifying home. But, it also offers some other features not found in RRSPs and TFSAs.

    March 20, 2024

    The CRA requires financial institutions to file T5 slips by the end of February each year. These slips detail investment income paid to individuals during the previous calendar year. The CRA uses these filings to verify the amounts reported on individual taxpayer returns.

    March 8, 2024

    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

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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.