Chan Nowosad Boates Inc.

Name

Chan Nowosad Boates Inc.

Legal name

Chan Nowosad Boates Inc.

Website

https://channowosadboates.ca

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

Chan Nowosad Boates Inc. is a privately held CPA firm founded in 1983 with two offices in Campbell River and Courtenay, BC, providing tax, audit, advisory, bookkeeping, and estate planning services to individuals, businesses, First Nations, municipalities, and non-profits across Vancouver Island.

Ownership category

akta.pro rank

Headquarters

HQ city

Campbell River, BC

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting Services: Revenue generated from providing professional accounting, tax, audit, and advisory services to individuals, businesses, and organizations. Services include personal and corporate tax preparation, compilation services, audit and assurance, bookkeeping, payroll, estate planning, and business advisory services.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Chan Nowosad Boates is a CPA firm that delivers professional accounting, tax, audit, and advisory services to individuals, businesses, not-for-profits, municipalities, and First Nations organizations across British Columbia. Services span personal and corporate tax preparation and planning, compilation and audit/assurance engagements, estate and family trust planning, GST/PST advisory, business advisory/valuation/succession planning, and full-cycle bookkeeping and payroll including software training. The firm is organized around 6 partners and 40+ team members (16 designated CPAs) operating from offices in Campbell River and Courtenay.

Product overview

Chan Nowosad Boates is a CPA accounting firm offering professional accounting services rather than a software product. The firm operates as a unified suite of interconnected professional services, with Personal & Corporate Tax Services, Compilation Services, Audit & Other Assurance, Estate Planning & Year of Death Tax Returns, Family Trust Planning & Trust Tax Returns, GST & PST Advisory Services, Business Advisory/Consultation/Valuation Services, and Bookkeeping & Payroll Services all delivered by a team of 6 partners and 40+ team members (16 designated CPAs) from offices in Campbell River and Courtenay, BC.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal & Corporate Tax Services Income tax return preparation, planning, and consultation for individuals, corporations, partnerships, charities, and non-profits, including foreign reporting, US personal income tax, and CRA audit assistance.
• Compilation Services Compilation of financial statements for corporations ranging from owner-managed businesses to large corporations, with no assurance provided on completeness or accuracy.
• Audit & Other Assurance Audit, review, and assurance services including compilation engagements, review engagements, financial statement audits, cost audits, and special reports for various organizations.
• Estate Planning & Year of Death Tax Returns Estate structuring, tax-effective planning, will execution assistance, and preparation of final tax returns for deceased individuals.
• Family Trust Planning & Trust Tax Returns Family Trust suitability assessment, tax savings projections, legal counsel instruction, and preparation of Family Trust tax returns.
• GST & PST Advisory Services Advisory services including GST/PST return preparation, registration, audits, home rebates, First Nations GST filings, and PST exemptions for fishing and logging industries.
• Business Advisory, Consultation and Valuation Services Advisory services including tax and estate planning, corporate reorganizations, business valuations, succession planning, business plan development, budgeting, forecasting, and interim CFO services.
• Bookkeeping & Payroll Services Full-cycle bookkeeping including monthly/quarterly services, GST/PST reporting, WCB reports, payroll processing, and training on bookkeeping software such as QuickBooks, Simply (Sage), and FreshBooks.

Quantifiable outcome

• Serving clients across BC from Haida Gwaii to Victoria
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Knights of Columbus Christmas Hamper FundminorOthersCNB collects funds from employees for monthly Jeans Days. Partners match amounts and at year end employees choose a charity to support. Past groups have included Success by Six and Campbell River Temporary Homeless Shelter.
• Success By 6minorOthersCNB employees remit fixed amounts from bi-weekly payroll that partners match at year end. In 2021, CNB and employees contributed $10,300.
• We Wai Kai Nation Youth Soccer TeamsminorOthersCNB sponsors youth soccer teams of the We Wai Kai Nation, providing opportunity for youth to participate locally and travel throughout Island and BC.
• Campbell River Hospice House Building FundminorOthersPartners of CNB contributed $10,000 to support development and construction of Campbell River Hospice House.
• North Island College FoundationminorOthersCNB donated $125,000 to provide technology and awards to help hundreds of NIC students reach educational, career, and life goals.
• North Island College (NIC)coreOthersDerek Lamb served as Chair of NIC Board from 2016-2018 and Audit and Finance Committee Chair for 4 of 6 years on the Board.
• John Perkins Memorial Housing SocietycoreOthersDerek Lamb served as Chair from 2015-2021, coordinating and leading $1.1M renovation of 62-unit low income senior's residence.
• Forest Circle Society for FamiliesminorOthersGaby Martin serves as Treasurer for the Forest Circle Society for Families.
• Campbell River Downtown Business AssociationminorOthersGaby Martin previously served as Treasurer for Campbell River Downtown Business Association.
• Discovery Passage Aquarium SocietyminorOthersGaby Martin previously served as Treasurer for Discovery Passage Aquarium Society.
• Rotary Club of ComoxminorOthersTom Miller is a member of Rotary Club of Comox, served as Treasurer for several years and as Chair of Ducky 500, raising over $65,000 for local non-profits.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• PwC Canada: Big Four firm with significant Vancouver Island presence through its full-service tax, assurance, and advisory practice. Represents the upper-end competitive threat for larger CNB clients.
• Deloitte Canada: Big Four firm offering full-service tax, audit, and advisory across Canada. Competes with CNB for larger mid-market and Indigenous-sector engagements as it expands down-market.
• KPMG Canada: Big Four firm with full Canadian coverage including BC. Notable as the former employer of two CNB partners (Lamb and Chan) and an incumbent that competes for larger assurance and advisory engagements in CNB's market.

Direct peers

• BDO Canada LLP: Major Canadian accounting firm with deep Vancouver Island and BC coverage. Competes for the same mid-market assurance, tax, and advisory engagements that anchor CNB's practice.
• Davidson & Company LLP: Vancouver-headquartered CPA firm focused on audit, review, and advisory services for public and private mid-market companies. Comparable in BC regional audit/advisory positioning.
• Grant Thornton LLP (Canada): Mid-market-focused national accounting firm with offices across BC. Competes directly for owner-managed business tax, audit, and advisory work on Vancouver Island.
• Crowe MacKay LLP: Western Canada-focused accounting firm headquartered in BC with offices across the region. Directly comparable as a Vancouver-region independent offering tax, audit, and advisory services to mid-market clients.
• MNP LLP: One of Canada's largest mid-market accounting and business advisory firms with strong Western Canada presence, including BC. Directly comparable as a Canadian-headquartered alternative to Big Four serving mid-market and regional clients with similar tax, audit, and advisory offerings.
• Smythe LLP: BC-based mid-market accounting firm serving owner-managed businesses, not-for-profits, and Indigenous communities. Closely comparable in service mix and regional positioning to CNB.
• Baker Tilly Canada: Canadian mid-market accounting network with multiple BC offices. Closely comparable in size, target client (mid-market and not-for-profit), and service mix to CNB.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/chan-nowosad-boates-chartered

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Chan Nowosad Boates Inc.