McCarney Group

What McCarney Group does

McCarney Group LLP is a privately held Canadian chartered professional accountant (CPA) firm headquartered in Toronto's First Canadian Place, with a secondary office in Mississauga, Ontario. Founded in 2016 and operating as a limited liability partnership, the firm delivers a full-service professional offering across five practice areas: Advisory Services (business planning, financing assistance, due diligence, succession planning), Tax Services (Canadian and U.S. corporate and personal tax, cross-border tax, commodity tax, trust and estate tax), Financial Reporting (audits, reviews, compilations), International Services (cross-border advisory via the Morison Global network), and Accounting & Bookkeeping (full back-office including payroll, HST/EHT/WSIB, and T3/T4/T5 returns). Its core client base consists of small to mid-sized Canadian businesses operating across multiple industries, with secondary segments serving foreign companies entering Canada and Canadian companies expanding internationally, particularly into the United States.

The firm is led by Managing Partner Beck Hoffland alongside eight additional partners (Sandra N. Ataman, Scott Cloutte, Larry Low, Lloyd Mogul, Doug Polson, Basil Punit, Michael Sim, Allan Wedsworth), with total headcount in the 11–50 range. McCarney's primary differentiator is its dedicated U.S. tax team combined with international delivery through Morison Global, a network of 160+ independent CPA firms in 80+ countries, which enables cross-border advisory that single-jurisdiction competitors cannot replicate. The technology stack is standard professional services software — CCH iFirm for client portal and document management, ShareFile for secure file transfer, and conventional accounting/tax platforms — with no proprietary technology disclosed.

Revenue is generated entirely through professional services fees tied to engagement scope and complexity; pricing is not publicly disclosed and clients are directed to contact the firm for quotes. Go-to-market is partner-led and relationship-based, supported by a content marketing function (TaxTalk newsletter, annual Tax Rate Tables, Tax Checklists) that builds brand authority in Canadian and cross-border tax planning. The firm is privately held by its partners with no external investment, parent company, or public listing, and operates with a typical Canadian accounting LLP governance model.

Name

McCarney Group

Legal name

McCarney Group LLP

Website

https://mgca.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

McCarney Group LLP is a Toronto-based Canadian CPA firm offering advisory, tax, financial reporting, international, and bookkeeping services to small and mid-sized businesses, with cross-border capabilities via the Morison Global network.

Ownership category

akta.pro rank

Headquarters

HQ city

Mississauga

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Professional Services Fees: Fee-based professional services including advisory, tax preparation and planning, financial reporting (audits, reviews, compilations), and accounting/bookkeeping services. Services provided to businesses at various stages from startup through succession planning, as well as international cross-border tax services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

McCarney Group LLP is a Canadian CPA firm providing business advisory, tax planning and compliance, financial reporting, international cross-border services, and full-cycle accounting and bookkeeping. The firm supports small to mid-sized businesses across the full lifecycle from inception through growth, maturity, and succession planning, with partner-level engagement delivered from offices in Toronto and Mississauga and extended internationally through the Morison Global network.

Product overview

McCarney Group LLP is a Canadian CPA firm offering a unified suite of professional services rather than a software product platform. The core service portfolio consists of five interconnected practice areas: Advisory Services (business planning, acquisitions, succession planning), Tax Services (corporate and personal, Canadian and U.S. cross-border), Financial Reporting (audits, reviews, compilations), International Services (leveraging Morison Global network for cross-border advisory), and Accounting & Bookkeeping (full back-office support). Supporting these core services are publication products including the TaxTalk newsletter, Tax Rate Tables, and Tax Checklists that provide clients with ongoing tax planning guidance and compliance resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory Services Business advisory services for businesses at various lifecycle stages, including forecasting and business modelling, financing assistance, profit and margin analysis, cash flow planning, compensation structures, acquisition due diligence, corporate reorganizations, and succession planning.
• Tax Services Comprehensive tax services covering Canadian and U.S. corporate tax, cross-border tax, commodity tax (GST/HST), personal tax, and trust and estate tax planning and compliance, for businesses and individuals.
• Financial Reporting Year-end financial reporting services including audits, review engagements, and compilations (Notice to Readers) for businesses and not-for-profit organizations.
• International Services International business advisory and tax services delivered through the Morison Global network, including cross-border transactions, inbound investment structuring, tax due diligence, and compliance support for non-resident corporations operating in Canada.
• Accounting & Bookkeeping Full suite of accounting and bookkeeping services including monthly bookkeeping, payroll preparation and remittance, HST/EHT/WSIB returns, T3/T4/T5 returns, and year-end report preparation for businesses.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Morison GlobalcoreStrategic or Co-development PartnerMcCarney Group is a member of Morison Global, a worldwide network of leading independent professional CPA firms. With 160+ member firms in over 80 countries, the partnership enables McCarney to provide seamless international service delivery, connecting clients with trusted local advisors for cross-border business expansion and foreign investment support. The firm maintains strong personal relationships with international affiliates within the network.

Scale indicators1 record

Expansion highlights4 records

Direct peers

• MNP LLP: One of Canada's largest mid-market CPA firms, offering tax, advisory, accounting, and cross-border services to SMBs nationally. Highly comparable to McCarney in service mix and mid-market focus, though materially larger and multi-province.
• BDO Canada: Canadian arm of BDO Global, a leading mid-tier accounting network with strong cross-border tax and advisory practices serving mid-market clients. Directly comparable on service breadth, international affiliation (BDO Global), and target client segment.
• Grant Thornton Canada: Mid-tier accounting and advisory firm with global network affiliation (Grant Thornton International), serving mid-market and growth-stage businesses. Comparable on lifecycle advisory, audit, tax, and international services for SMBs.
• RSM Canada: Canadian mid-tier member of RSM International providing audit, tax, and consulting to mid-market businesses with cross-border reach. Closely comparable structure (network-affiliated mid-tier) and target client base to McCarney Group.
• Baker Tilly Canada: Canadian mid-tier accounting and advisory network offering tax, audit, and advisory services to SMBs across multiple provinces. Comparable mid-market positioning, advisory-led service mix, and international affiliation (Baker Tilly International).
• Crowe Soberman LLP: Toronto-based mid-tier CPA firm offering tax, advisory, audit, and cross-border services to private businesses and entrepreneurs. Highly comparable in geography (Toronto), mid-market focus, and breadth of advisory services.
• Smythe LLP: Western Canada mid-market CPA firm providing tax, audit, advisory, and cross-border services to private business and owner-managed enterprises. Comparable full-service mid-market model and lifecycle advisory positioning.

Broad incumbents

• KPMG Canada: Big Four professional services firm with a full Canadian practice covering audit, tax, advisory, and cross-border services to enterprise and mid-market clients. Larger, broader portfolio player that overlaps with McCarney on tax and cross-border advisory for mid-market accounts.
• Deloitte Canada: Big Four professional services firm with comprehensive Canadian tax, audit, advisory, and consulting practice. Overlaps with McCarney on cross-border tax structuring and financial reporting for mid-market and enterprise clients.
• PwC Canada: Big Four firm with extensive Canadian tax, audit, and advisory operations, including cross-border and international tax practices. Overlaps with McCarney on international tax advisory and assurance services for mid-market and growing businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about McCarney Group