An accounting firm is a group of professionals who handle your finances. They are responsible for helping people or companies manage taxes, finances, and reports. Most of these firms include CPAs, also known as Chartered Professional Accountants. In Canada, CPA firms follow rules set by provincial CPA organizations. These accountants make you and your company meet high standards.
Types of Accounting Firms in Canada
Let’s look at the types of Accounting firms in Canada based on size and reach.
Local Accounting Firms
Local accounting firms focus on serving individuals, small businesses, and nonprofits within a specific city or community. While smaller in size, they provide a wide range of services, including tax preparation, bookkeeping, and financial planning.
Their deep understanding of local regulations and market trends makes them well-suited for clients with region-specific needs. Many respected firms across Canada operate at this level and employ experienced CPAs familiar with community-driven business models.
Regional Accounting Firms
These firms operate across broader geographic areas, such as provinces or multiple cities. With larger teams and additional resources, they offer both standard accounting services and more tailored support, such as internal audits, business consulting, and financial restructuring.
Their client base is diverse, ranging from medium-sized enterprises to public institutions. Regional firms often bridge the gap between local expertise and broader market knowledge.
National Accounting Firms
National firms maintain a presence across the country and usually have clients with more complex financial requirements. These include large corporations, public companies, and high-net-worth individuals.
Their services go beyond traditional accounting to include forensic accounting, international tax planning, and risk management. These firms often belong to international networks, giving clients access to global insights and resources.
Read More: “How to Find the Best Tax Accountant in Toronto: A Guide for Business Owners”
CPA Firms in Canada You Should Know
Here’s a look at some of the top accounting firms offering services across Canada:
Bestax Accountants
Affordable. Experienced. Business-friendly.
With over a decade of combined experience, Bestax Accountants supports businesses of all sizes across Canada.
We offer efficient bookkeeping, accounting, payroll, HST/GST filing, corporate and personal tax services, and CRA audit support. Our team also assists with business setup, software integration, and Notice to Reader preparation. Whether you’re starting out or scaling up, Bestax provides reliable, full-service solutions tailored to your needs.
Whether you’re a small startup or a growing company, Bestax offers reliable support. Backed by strong client reviews and consistent positive feedback, we’re known for our responsive service, clear guidance, and lasting results.
PricewaterhouseCoopers
A Trusted Name for Over 100 Years
PwC Canada has been serving Canadian businesses for more than a century. With 26 offices and over 7,700 team members, they’re one of the biggest CPA firms in Canada.
They offer a wide mix of services. This includes audits, tax help, consulting, and business deals. PwC also helps companies deal with big issues like cybersecurity, digital changes, and managing costs.
Their clients include global companies, private equity firms, and public agencies.
KPMG Canada
Helping Businesses Grow with Confidence
KPMG Canada has more than 40 offices and over 10,000 staff across the country. They provide audit, tax, and financial advice.
They work with companies in many industries, including tech, healthcare, energy, and more. KPMG also helps businesses manage risks and plan better strategies.
Their team includes experts who share insights and trends to help clients make better decisions.
Deloitte Canada
Smart Solutions Backed by a Big Team
Deloitte is one of the top accounting firms in Canada, with over 13,000 professionals. Their team works in areas like auditing, consulting, tax, and financial planning.
They help businesses of all sizes—from nonprofits to big public companies. Deloitte is known for its strong focus on innovation and helping clients manage risk.
With offices across Canada and support from a global network, Deloitte brings strong skills and smart solutions to every client.
EY Canada
Big Reach. Personal Service.
EY Canada has offices in Toronto, Vancouver, Calgary, and Montreal. Their team helps businesses with tax, audits, business planning, and more.
EY works with a wide range of clients, from schools and factories to banks and service companies. They focus on long-term success and bring fresh ideas to the table.
With access to over 300,000 professionals around the world, EY Canada brings a strong mix of global power and local insight.
Summary: Top Accounting Firms in Canada
| Firm | Key Services | Ideal For | Contact Info |
|---|---|---|---|
| Bestax Accountants | Bookkeeping, tax preparation, GST/HST services, audits, business setup, company formation, accounting software support | Startups, Small & Mid-size businesses | 3900 Confederation Parkway, Mississauga, Canada📞 +1 416 720 0566 |
| PwC Canada | Audit and assurance, tax services, consulting, business deals, cybersecurity, financial transformation | Large companies, global clients | 18 York St, Suite 2500, Toronto, ON📞 +1 416 863 1133 |
| KPMG Canada | Audit and assurance, tax planning, advisory services, enterprise risk management, strategy consulting | Tech, healthcare, energy firms | 333 Bay St, Suite 4600, Toronto, ON📞 +1 416 777 8500 |
| Deloitte Canada | Auditing, consulting, tax services, financial advisory, risk management | Mid-market & listed companies | 8 Adelaide St W #200, Toronto, ON📞 +1 416 601 6150 |
| EY Canada | Audit and assurance, tax consulting, corporate structuring, business advisory, transaction support | Finance, manufacturing, education | EY Tower, 100 Adelaide St W, Toronto, ON📞 +1 416 864 1234 |
Conclusion
When it comes to choosing the right accounting support, the options across Canada are strong. National firms like KPMG serve large businesses with wide-reaching services. But for small to mid-sized companies looking for expert help with a personal touch, Bestax is a your best option.
With over 10 years of experience, Bestax offers complete accounting services, from bookkeeping and tax filing to audits and business setup. Their team understands the needs of growing businesses and delivers real value. If you’re searching for CPA firms near me, Bestax is a reliable and affordable partner.
FAQs
What are the leading accounting firms in Canada?
The leading accounting firms in Canada are the Big Four: Deloitte, PwC, EY, and KPMG.
What is the difference between the Big 4 and other accounting firms?
The Big Four firms are large, international organizations with extensive resources and a broad client base, often serving multinational corporations and large public entities. On the other hand, smaller or mid-sized firms may focus on specific services or cater to local and regional businesses, providing more personalized attention like Bestax.
How do I choose the best accounting firm for my business?
You need to check the firm’s experience in your industry, their range of services, and their reputation. It’s also important to assess their communication style and ensure they understand your business goals.
What services do Canadian accounting firms typically offer?
Canadian accounting firms typically offer services such as bookkeeping, tax preparation and planning, auditing, financial statement preparation, business advisory, and consulting.
What is a public accounting firm, and how does it differ from private firms?
A public accounting firm provides accounting services to a variety of clients, including individuals, businesses, and government entities. They offer services like auditing, tax preparation, and consulting. Whereas, private accounting refers to accountants who work internally within a single organization, managing internal financial records and processes.
Disclaimer: The information provided in this blog is for general informational purposes only. For professional assistance and advice, please contact experts.
