Top 9 Best Accounting Firms in Ottawa, Ontario, Canada | 2017 Ranking

2017 RANKING & REVIEWS
TOP RANKING BEST ACCOUNTING FIRMS IN OTTAWA

Finding the Top Accounting Firms in Ottawa, Ontario

For some business owners, accounting and financial matters can complicate day-to-day operations.

Not every business is set up to conduct accounting matters in-house, and some business owners simply would prefer to outsource financial bookkeeping matters to an expert.

Having one of the best accountants in Ottawa handle the books can leave more time to focus on substantive issues. It can also provide business owners with peace of mind, knowing that regulatory obligations are in the hands of financial experts.

Award Emblem: Best Accounting Firms in Ottawa

If you’ve decided to work with an Ottawa accounting firm for your bookkeeping, tax, audit, or advisory needs, then this list may be of service to you. AdvisoryHQ has compiled a list of some of the top accounting firms Ottawa has to offer.

We’ve broken down the features of these top chartered accountant Ottawa firms in order to display their standout qualities.

If you’ve decided to work with accountants in Ottawa, sorting through this list may assist you in your search to find an appropriate firm for your business needs. Hopefully, this list will save you some time in your search for top Ottawa accounting firms.

Of course, be sure to do your own research and check out the firm’s websites to make sure that the Ottawa accountants you choose offers the services you require.

AdvisoryHQ’s List of the Top 9 Best Accounting Firms in Ottawa

List is sorted alphabetically (click any of the names below to go directly to the detailed review section for that Ottawa accountant):

Andrews and Co.
Collins Barrow
GGFL, LLP
Logan Katz SRL LLP
McCay Duff LLP
MNP, LLP
Parker Prins Lebano
Vaive & Associates
Welch, LLP

Click here for 2016’s ranking of the Top 9 Best Accounting Firms in Ottawa

Top 9 Best Accounting Firms in Ottawa | Brief Comparison & Ranking

Best Accounting Firms in Ottawa	Highlighted Features
Andrews and Co.	Extensive business accounting services
Collins Barrow	Wide range of industry specializations
GGFL, LLP	Dedicated resources & experience with working alongside healthcare professionals
Logan Katz SRL LLP	“The Hatchery” supports the growth of new businesses
McCay Duff LLP	Personal & corporate tax services
MNP, LLP	Value-driven business model
Parker Prins Lebano	Strong team of partners with extensive experience
Vaive & Associates	Full suite of accounting & financial services
Welch, LLP	Wide-ranging industry specializations

Table: Top 9 Best Ottawa Accountants | Above list is sorted alphabetically

AdvisoryHQ’s Selection Methodology

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Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.

Detailed Review – Top Ranking Best Accounting Firms in Ottawa

Below, please find the detailed review of each firm on our list of top accounting firms in Ottawa. We have highlighted some of the factors that allowed these Ottawa accounting firms to score so highly in our selection ranking.

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Andrews and Co. Review

Andrews and Co. is an Ottawa-based accounting firm offering audit, business management, financial statement, non-profit, and tax services. The firm has been providing accounting services to the Ottawa community since 1976.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Andrews and Co. to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Audit Services

As one of the top Ottawa accounting firms, Andrews and Co. seeks to work closely with its clients with the goal of providing a maximum benefit from audit services.

The firm explains that some benefits from audit services include reducing time-intensive interruptions and monitoring compliance obligations. Andrews and Co. provides several types of audit services.

Annual Audit

This popular service is commonly provided to both for-profit and non-profit companies.

Andrews and Co. writes on their website that an annual audit involves meeting with a firm representative to determine specific needs and regulatory obligations.

Compliance Audit

This Ottawa accountant service is designed to offer assurance that terms and conditions of a contract have been met. Services vary depending on the business entity.

Special Purpose Audit

Services provided depend on particular needs and requests.

Image Source: Andrews & Co.

Business Management

Andrews and Co. offers business management services that the firm hopes will help clients achieve higher time efficiencies and lower costs.

As one of the best Ottawa accounting firms, they offer sales, tax, finance, and banking advice. Andrews and Co. also offers clients support from their experienced team members.

This accounting firm in Ottawa can help you manage:

Starting a business
Acohar virtual controllership
Customers
Employers
Suppliers
Bookkeeping

Business Valuations

Andrews and Co. offers this service which helps determine the value of a business for internal or third party purposes.

Some of the business valuation services that these Ottawa accountants provide are:

Merger, acquisitions, sales, financing, and restructuring transitions
Compliance needs
Plans for succession or divorce cases
Financial statement litigation support
Help maximizing transactions and negotiations

Additional Services

Some of the other services offered by Andrews and Co. include:

Community Involvement

As a top accounting firm in Ottawa, team members at Andrews and Co. are dedicated to staying involved in their local community.

The firm keeps a running list of charitable events and community outreach events that it has participated in, including:

2016 Army Run
Andrew Foreman Memorial Golf Tournament
Camelot Memorial Bridge (Camelot Golf & Country Club)
Spartan Race
2016 ALS Walk

Nexia International Affiliation

Andrews and Co. is an affiliate member of Nexia International, an association that links accounting and consulting firms worldwide.

Collins Barrow Review

Collins Barrow offers Ottawa bookkeeping, tax, assurance, and entrepreneurial services to businesses. It seeks to provide services utilizing partner involvement and practical strategies.

The Ottawa accounting firm was founded in 1962 and continues to serve the local community today. It is proud of the reputation it’s built and believes in providing services with the following foundational core values:

Integrity
Excellence
Respect

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Collins Barrow to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Community Involvement

Collins Barrow makes a commitment to the Ottawa community by staying active with local charities. Team members volunteer with and donate to charitable organizations such as:

Alzheimer’s Society Walk for Alzheimer’s
Canadian Wildlife Federation
CPA Ontario Volunteer Tax Clinics
Women’s Business Network of Ottawa
National We Day
Ottawa Boys and Girls Club
Ottawa Food Bank
Ottawa Youth Regional Choir

Environmental Sustainability

As a notable accounting firm in Ottawa, Collins Barrow is also committed to running a green business in the day-to-day operations of the firm.

To fulfill this commitment, the firm takes the following actions:

Promoting paperless operations
Purchasing Energy-Star Program endorsed products
Encouraging responsible printing practices
Offering electronic copies to clients if requested
Encouraging employee carpools
Operating an in-office recycling program including cans, glass, and batteries

Accounting Services

Collins Barrow provides the following Ottawa accounting services:

Accounting and audit
Transaction and valuation
Government and public sector advisory
Restructuring and recovery services
Litigation accounting services
Private enterprise and entrepreneurial services
Tax services including cross-border and international
Technology services
Bankruptcy and trustee services

Industry Specializations

Collins Barrow Ottawa accounting provides specialized accounting services for particular industries, including but not limited to:

Automotive
Farming & agriculture
Law firms
Entrepreneurial services
Manufacturing
Media, film, & television
Not-for-profit
Real estate
Private & public sector consulting
Credit unions
Dental & medical professionals

Baker Tilly International Affiliation

Collins Barrow is a member of Baker Tilly International, a worldwide affiliation of independent accounting and business advisory firms.

This affiliation links Collins Barrow with several accounting firms, broadening its network and associations with quality accountants and professionals.

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GGFL, LLP Review

GGFL, LLP (Ginsberg Gluzman Fage & Levitz) has been providing accounting services to the Ottawa community for 70 years. Its clients are varied and include entrepreneurs, non-profit organizations, private investors, high net worth individuals, and more.

Professionals at GGFL seek to offer quality Ottawa bookkeeping, tax planning, accounting, auditing, and assurance services to help clients achieve more from their finances.

Image Source: Top Accounting Firms in Ottawa

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled GGFL, LLP to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Health Professionals

GGFL explains on its website that the firm has years of experience working with health professionals such as physicians and dentists.

It sees how health offices operate differently than other businesses and can assist clients with running an efficient office.

Some of the services aligned for the needs of health professionals include:

Advising incorporated professionals
Tax implications of buying property
Adding associates to your practice
Making family members stakeholders
Incorporation
Bookkeeping
Taxes

Non-Profits

GGFL, LLP also works with non-profit organizations, including charities and public and private foundations.

GGFL explains on its website that it has experience assisting such organizations through tax advice, implementation of reporting and bookkeeping practices, and financial disclosures.

GGFL works with construction and real estate industries and other businesses as well.

Business Services

As a top Ottawa accountant, GGFL provides a set of services designed for businesses. Some of these financial services include:

Accounting and financial reporting
Financial statement preparation
Government reporting requirements
Budgeting
Accounting software consulting and implementation
Non-profit accounting and compliance
Financing a business

Tax Services

Some of the taxation offerings available at GGFL include:

Canada Revenue Agency audits
Corporate and personal tax returns
Tax and estate planning
Family trusts
Corporate restructuring
Commodity tax services
Cross border taxation
Research and development tax credits

Strategic and Advisory Services

Part of what ranks GGFL among the best Ottawa accountants is their dedication to providing strategic and advisory services. Some of the pro-active and advisory services available for potential clients include:

Business valuation
Forensic auditing and litigation support
Strategic business planning
Succession planning
Mergers and acquisitions
Family law collaborations with attorneys
Audits

Logan Katz SRL LLP Review

Founded over 20 years ago, Logan Katz SRL LLP is a partnership of five Chartered Professional Accountants.

According to the firm website, partners and team members apply their foundational values that illustrate how services are applied when working with clients: Solutions Oriented, Global Minded, Value Driven.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Logan Katz to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

AGN International Affiliation

Logan Katz is a member of AGN International, a global network of independent accounting and consulting firms.

This affiliation links Logan Katz with further educational resources as well as taxation, auditing, and businesses management sector authorities worldwide.

Logan Katz Technology Entrepreneurship Group “TEG”

With “TEG”, Logan Katz has immersed itself in the accounting aspects of the technology sector.

Logan Katz has worked with clients through all cycles of a business, including pre-revenue, revenue growth after completion of technology, and through the sale of the business.

Some of the services offered to technology companies include:

Accounting and assistance with forming businesses in Canada
Financial statements, tax planning, and compliance
Research and development incentives
Business development assistance if expanding abroad
Access to patent agent and legal network

The Hatchery

Logan Katz has also set up a package of services available only to new business entrepreneurs. Services in “the hatchery” are designed to aid in the development of a new business venture.

The firm refers to the package of services available in the hatchery as a resource nest for emerging businesses. A taste of those services include:

Up to one hour free consultation with a Logan Katz partner
Up to two hours free bookkeeping training
$500 off Logan Katz first year statutory reporting package
Up to 5 hours free use of firm meeting rooms
Networking opportunities

Be sure to check with Logan Katz to review Hatchery services and to obtain a full list of terms, benefits, and conditions.

Comprehensive Services

Logan Katz offers a wide selection of accounting for financial services. This selection of services was a factor when deciding to include Logan Katz as one of the top accounting firms in Ottawa.

Some of these services available at this firm include:

Tax compliance & planning
Back office support & interim controllership
Financial statements & assurance
Estate & transition planning
Financial reporting & bookkeeping
Recruiting
Multinational expansion

McCay Duff LLP Review

McCay Duff LLP is an Ottawa accounting firm offering financial services to the community since 1946.

It assists a wide range of clients with a broad set of accounting service, including accounting and auditing, business advisory, estate, financial and succession planning, tax preparation and planning, and valuation and consulting.

The firm strives to remain focused on the big picture and works to set clients up for success by managing accounting and financial needs.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled McCay Duff LLP to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Community Connection

As a firm, McCay Duff team members contribute both time and money to worthy charitable causes in the Ottawa community. Some of the organizations it has volunteered with include:

Help Santa Toy Parade
United Way Campaign
Parkinson Society Ottawa

Outside of firm sponsored charitable activities, team members also donate their personal time to coaching community sports, helping local churches, mentoring through professional organizations, and more.

Solid Team

The seven partners at McCay Duff alone have at least a collective 130 years of accounting and financial service experience. Each partner has his or her own particular strengths in various industries and accounting services.

The firm also staffs nine managers with significant accounting experience. Two additional supervisors round out the solid team at McCay Duff.

Accounting and Auditing

McCay Duff LLP strives to provide clients with a precise financial breakdown that can service as a foundation for making monetary decisions. A financial statement will include:

Overview of yearly activity
Balance sheet
Income statement
Statement of retained earnings
Cash flow statement

Such statements can help organizations meet statutory and tax requirements as well as reach goals and monetary obligations and goals.

The firm offers varied levels of services that can be applied based on a client’s individual needs and goals. If interested in learning about these various tiers of service, contact the firm to learn more.

Business Advisory

McCay Duff offers advisory services to business owners at many stages of ownership.

Team members can assist a business owner with services such as:

Buying a business
Selling a business
Shareholder agreements
Business plans
Cash flow projections
Succession planning
Business valuations

Tax Preparation

Tax planning and preparation services are available to both personal and corporate clients. They strive to offer tailored and individualized services depending on the needs of the client.

Some of the tax services available at the firm include:

Trust and estate tax returns
U.S. federal individual tax returns
Cross border transactions
Corporate reorganizations
GST/HST
Research and development tax credits

Additional Services

McCay Duff also offers additional services beyond the offerings mentioned above. Such services include:

Estate planning
Financial planning
Succession planning
Valuations and consulting

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MNP, LLP Review

As a leading accounting firm in Ottawa, MNP, LLP is proud to serve clients within the public, private, and not-for-profit sectors.

With their head office in Calgary, MNP, LLP has a total of 3,661 team members, 2,900 employees, and 66 offices.

Serving Canada since 1958, MNP, LLP is one of the largest–and best–accounting firms in Ottawa to consider partnering with.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled MNP, LLP to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Diverse Range of Services

The accounting services at MNP are designed to help businesses thrive and prosper. Whether used separately or in combination with another service, each of these areas can be tailored to suit your unique business accounting needs:

Assurance and Accounting
Consulting
Corporate Finance
Corporate Recovery and Restructuring
Enterprise Risk
Succession
Tax
Technology Solutions
Valuations, Forensics, and Litigation Support

Industry Specialization

Each client is different, and MNP knows that individual industries come with their own unique challenges and needs.

When it comes to industry specialization, this Ottawa accounting firm is well-versed in handling the following sectors:

Aboriginal
Agriculture
China
Credit Unions
Food and Beverage Processing
Forestry and Forest Products
Mining
Oilfield Services
Private Enterprise
Professionals
Public Companies
Real Estate and Construction

Firm Values

Part of being a successful accounting firm in Ottawa comes from a commitment to serving clients in an ethical, value-driven manner. Their strong commitment to a value-driven business model is a major factor in why MNP has been selected for our list of top accounting firms in Ottawa.

Ottawa accountants at MNP strive to uphold the following values in everything that they do:

Exemplify integrity
Teamwork
Entrepreneurship
Balanced lifestyle
Quality client service
High quality performance standards
Operate on guidelines
Humble and respectful conduct
Value diversity, professionals, and communities

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Parker Prins Lebano Review

Parker Prins Lebano works with a variety of individual clients and business, including partnerships, corporations, estates, and trusts, and not-for-profit organizations in the Ottawa community.

It offers accounting, assurance, taxation, and business consulting services in Ottawa and strives to provide tailored services to clients depending on their individualized needs and goals.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Parker Prins Lebano to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Firm History

The firm was established as Steve Parker, CPA, CA in 1996. One year later, Christine Prins became a partner, and Parker Prins Chartered Accountants formed. By 2001, the firm had merged with two separate accounting firms.

By 2007, Geoff Lebano has been promoted to partner, followed by Abe Abou-Hamad’s promotion to partner in 2014. Finally, in 2015, the firm was renamed Parker Prins Lebano Chartered Professional Accountants.

Firm Mission and Values

Parker Prins Lebano strives to earn a reputation as a professional, trustworthy, knowledgeable, accurate, and timely firm. Its goal is to offer clients innovative services tailored to a client’s personal or business-related financial goals.

The firm is also concerned with providing a successful working environment for its employees.

Audits and Accounting

Auditing small entities is one of the foundational services of this accounting firm in Ottawa. Not only does it strive to offer services that focus on key areas of financial statements, but it also seeks ways to add value whenever possible.

As one of the top accountants in Ottawa, Parker Prins Lebano also strives to offer advice and observations as well as handing over an audit report.

The firm works on audits for both profit and not-for-profit organizations and strive to service clients with a continuity of staff throughout the process.

Additionally, it explains on its website that a partner of the firm will be engaged during the auditing process.

Taxation

Parker Prins Lebano taxation team members assist clients with adhering to governmental tax requirements in a timely fashion.

It works to assist clients according to their personal situation and strives to apply applicable, legally available tax deductions.

Additional Services

This firm offers more financial services beyond those mentioned above. Some of those services include:

Estate planning
Research and development tax credits
Purchase or sale of business
Internal control review
Support and advice relating to financing issues
Needs assessment and system selection
Litigation support
General management accounting

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Vaive & Associates Review

Vaive and Associates is an Ottawa-based accounting firm offering a wide range of financial services to corporations, individuals, trusts, and partnerships.

The firm is currently comprised of eleven team members with varied ranges of experience and specializations, making them into a competitive choice for Ottawa bookkeeping and accounting services.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Vaive & Associates to rank as one of the top accounting firms in Ottawa, Ontario, Canada.

Experienced Team

Vaive and Associates is comprised of several experienced team members who each offer a unique set of experience and specializations.

The firm’s team is one of the reasons why Vaive & Associates has been included as one of the top accountants Ottawa has to offer.

Rolland Vaive has been a chartered accountant since 1993 and has worked with individuals, corporations, and even non-residents in regards to Canadian taxation for over 18 years.

He has completed or obtained several designations and courses over the years, including:

Chartered Accountant
Canadian Institute of Chartered Accountants In-Depth tax program
Canadian Institute of Chartered Accountants Corporate Reorganizations course
Canadian Institute of Chartered Accountants Wealth Preservation course
Canadian Institute of Chartered Accountants Advanced Tax Issues for Owner Managed Businesses course
Trust and Estate Practitioner
Certified Public Accountant (Illinois)

Rolland Vaive works with high-net-worth individuals and profitable organizations, focusing on tax needs and advice.

He also focuses on estate planning, corporate reorganizations, tax planning through the use of trusts, mergers and acquisitions, cross border issues, and more.

John Wright, another accountant at Vaive & Associates, became a chartered accountant in 1992, followed by a CPA distinction in 2012. His areas of specialty include:

Conducting and directing assurance engagements for service
Auto dealerships
Manufacturing
Real estate and construction
Professional entities
Not-for-profit and charitable organizations

John Wright also works with owner-managed businesses, offering assurance and business advisory services.

Above and beyond his professional engagements, Wright serves the Ottawa community by volunteering and is a member of the governing council of the Chartered Professional Accountants, where he chairs the Audit Committee.

The firm houses nine more employees, all offering their own set of industry knowledge, experience, and education in the finance industry.

Wide-Ranging Services

The firm offers a full suite of accounting and finance services to a wide variety of clients. Some of the services include:

Financial statement audits for small companies & not-for-profit organizations
Review & compilation engagements
Corporate tax returns
Trust tax returns
Personal tax returns
Advisory services including restructuring & estate planning
Business performance statements

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Welch, LLP Review

Welch, LLP was founded by George A. Welch in 1918, in Ottawa, Canada. Since then, the firm has grown to boast twelve locations, housing 40 partners and 270 staff members.

It offers a large suite of financial and accounting services and strives to forge long-term relationships with its clients.

It also strives to understand each client’s holistic goals and dreams so that team members have a better idea of how to serve both personal and professional needs of clients.

Key Factors That Enabled This Firm to Rank as a Top Accounting Firm in Ottawa

Below are key factors that enabled Welch, LLP to rank as one of the top accounting firms in Ottawa, Ontario, Canada

BKR International Affiliation

Welch, LLP is a member firm of BKR International, a global network of over 160 independent accounting and business advisory firms in over 80 countries.

This affiliation links Welch, LLP to a vast network of accounting resources and expertise. Welch, LLP is therefore linked to global resources while also staying connected to the local Canadian community.

Welch Legacy Foundation

Welch, LLP established the Welch Legacy Foundation, a charitable organization within the firm. The Foundation has cemented the firm’s commitment to the community in its support of the Bruyére Foundation.

Welch LLP has organized raffles, 50/50 draws, jeans days, and Annual Beach Soccer tournaments in order to support the Bruyére Foundation.

The Bruyére Foundation works to help elderly Canadians live healthy and independent lives as they age with care, research, education, and advocacy.

Aside from the relationship with the Bruyére Foundation, many partners and staff serve on the boards of not-for-profit organizations. Additionally, the firm offers a yearly volunteer day where staff is encouraged to participate in worthy community causes.

Large Selection of Financial Services

Welch LLP offers a wide range of financial and accounting services. Some of those services include:

Assurance & accounting
Tax
Specialty services
Business advisory
Doing business in Canada
Mergers & acquisitions
Business incentives

Industry Specializations

Welch, LLP explains that they offer specialized services in many sectors. Their wide-ranging industry specializations are one of the reasons we’ve included this firm as one of the top accountants Ottawa has to offer.

Some of their specializations include:

Technology
Not-for-profit
Government
Automotive sector
Retail industry
Construction
Independent contractors
Real estate
Manufacturing industry
Professionals
Food services and restaurants

If interested in working with Welch, LLP, be sure to contact them and inquire whether the specific service you require is offered at their Ottawa location, as the firm offers services from twelve separate offices.

Client Testimonials

Welch, LLP has posted a number of client testimonials on their website. Dozens of testimonials are available for review from companies that have had successful experiences working with Welch, LLP.

The testimonials may be categorized by industry sector if you’d like to read about the experience similar companies have had working with the firm.

Conclusion – Top 9 Accounting Firms in Ottawa, Ontario, Canada

Settling with a particular accounting firm may be intimidating to a business owner.

Working with an accountant is essentially entrusting financial reports and perhaps even regulatory obligations to a third party. Such an important role ought to be outsourced to a firm you can trust.

Furthermore, a relationship with a quality accounting firm can last for decades and potentially enhance many aspects of a business. Working with a firm that specializes in your particular industry or sector can bring additional benefits to our business.

We’ve complied this list that includes our top accounting and bookkeeping Ottawa firms, but be sure to check out the firms yourself and do your own research so that you’re confident the firm you choose aligns with your personal beliefs, values, and financial goals.

Since many offices offer a free consultation, you can attempt to set up a face-to-face or phone meeting with a “short-list” of firms before pulling the trigger and deciding to work with one of the accounting firms in Ottawa.

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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

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Top 9 Best Accounting Firms in Ottawa, Ontario, Canada | 2017 Ranking | Top Ottawa Accountants