2023 CPA Profession Compensation Study

 
In 2023, CPA Canada conducted a study to learn more about compensation for Canadian CPAs. The study is based on the voluntary responses of 9,861 members related to their 2022 compensation. 9,608 respondents resided in Canada and 253 resided abroad. Note that findings in this report are representative of those who responded and may not represent the Canadian CPA profession as a whole. Comparisons with the results of the previous survey cannot be considered definitive as the composition of those responding may vary from year to year.

Access the Full Report and the Manitoba/Saskatchewan Regional Report


Highlights From the Study

• CPAs who have been in the profession for three years or more saw their median income grow 12 per cent to $143K in 2022 compared to 2020. 
• The median compensation reported by Manitoba and Saskatchewan members in 2022 was $130K.
• Non-owners in Manitoba and Saskatchewan earned a median of $124K in total compensation in 2022. Most of that ($116K) came from base compensation. The median non-base compensation was $7K.
• In Manitoba and Saskatchewan, members who owned accounting firms earned a median of $240K. Those who owned other businesses had a median compensation of $190K. Partners made a median of $315K in 2022, while sole practitioners made a median of $125K.