Teed Saunders Doyle

What Teed Saunders Doyle does

Teed Saunders Doyle is an independent Canadian chartered accounting firm headquartered in Saint John, New Brunswick, with a second office in Fredericton. Founded in 1974, the firm employs approximately 55 staff and partners across its two locations and is one of the largest independently owned accounting practices in the province. Since 1996 it has been a member of the DFK Group international accounting association, extending its capabilities through cross-border referral and technical resources.

The firm delivers a full-service public accounting offering — accounting, taxation, audit, bookkeeping, payroll, and business advisory — with formally developed specialty practices for entrepreneurs, healthcare professionals, non-profits, and First Nations organizations. It operates as a Xero Gold Partner and holds QuickBooks Advanced Online certification, indicating strategic alignment with cloud-delivered accounting platforms for its small and medium business client base. Recurring compliance, tax, and advisory engagements across hundreds of clients in dozens of industries form the revenue backbone, with specialization in regulated and underserved segments providing differentiation from generalist competitors.

The business model is fee-for-service professional services revenue generated through partner-led engagements, supported by a stable technical and administrative bench — 16 staff with 20 or more years of tenure indicate deep client-institutional knowledge. Recent leadership transitions, including the January 2025 promotion of Dylan Fitzherbert to Partner following the 2023 retirement of T.J. Smith, signal orderly succession and continuity. The firm has not pursued external capital, M&A, or rapid geographic expansion; growth is reinvested organically into partner bench depth, technology adoption, and vertical specialization.

Name

Teed Saunders Doyle

Legal name

Teed Saunders Doyle & Co, Chartered Professional Accountants

Website

https://teedsaundersdoyle.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Teed Saunders Doyle is an independent New Brunswick chartered accounting firm, founded 1974, serving hundreds of SMB clients from offices in Saint John and Fredericton with accounting, tax, audit, payroll, and advisory services, including specialty practices for First Nations, healthcare, and non-profit organizations.

Ownership category

akta.pro rank

Product category

Accounting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Offices of Certified Public Accountants (541211)

akta.pro primary industry

Accounting & Bookkeeping Services (BPAHABAC)

Keywords

• Accounting services
• Tax planning
• Business advisory
• Audit assurance
• Bookkeeping payroll

Headquarters

HQ city

Saint John

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting Services: Audit and review engagements, financial statement preparation, and assurance services for businesses and organizations
2. Tax Planning and Compliance: Corporate and personal tax planning, preparation, and compliance services including estate tax planning, cross-border tax planning, and CRA audit assistance
3. Business Advisory and Consulting: Advisory services including business succession, mergers and acquisitions, valuations, regulatory affairs, financing proposals, and executive recruitment
4. Accounting Systems Support: Internal accounting support, bookkeeping, payroll assistance, and accounting system implementation and training

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Teed Saunders Doyle provides accounting, taxation, bookkeeping, payroll, audit and review engagements, and business advisory services to small and mid-sized businesses, entrepreneurs, healthcare professionals, non-profit organizations, First Nations communities, and individuals in New Brunswick, Canada. The firm specializes in cloud-based accounting implementations using Xero, QuickBooks, HubDoc, and Receipt Bank, alongside tax planning, corporate reorganizations, succession planning, mergers and acquisitions, valuations, and regulatory advisory services.

Product overview

Teed Saunders Doyle is a professional accounting firm offering a comprehensive suite of professional services organized around four core offerings: Accounting and Assurance, Tax Planning and Compliance, Advisory and Consulting, and Accounting Systems. The firm provides specialized services for distinct client sectors including Entrepreneurs, Healthcare Professionals, Non-profit Organizations, and First Nations communities. The practice emphasizes cloud-based accounting tools including Xero, QuickBooks, HubDoc, and Receipt Bank as part of its technology-enabled service delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting and Assurance Services Audit and review engagement services for shareholders, boards of directors, banks, and lending institutions, including risk identification and business solutions.
• Tax Planning and Compliance Corporate, personal, and estate tax planning services including cross-border planning, corporate reorganizations, HST compliance, and CRA audit assistance.
• Advisory and Consulting Services Business succession planning, mergers and acquisitions, business valuations, regulatory affairs, bank financing proposals, budget preparation, shareholder agreements, litigation support, executive recruitment, and business plans.
• Accounting Systems Services Ongoing accounting support including internal accounting roles, day-to-day bookkeeping, monthly financial statements, payroll assistance, compliance filings, and accounting software implementation and training.
• Entrepreneur and Small Business Services Small-to-mid-size business accounting and advisory services including business setup, growth planning, and succession planning for entrepreneurs.
• Healthcare Professional Services Specialized financial management for medical doctors, dentists, chiropractors, and other health specialists including business tax, advisory, and family financial planning.
• Non-profit Organization Services Audit services for annual reporting and organizational tax and advisory services for non-profit and charitable organizations.
• First Nations Services Expert accounting services for First Nations communities including audit, financial management, regulatory compliance, and policy requirements.

Quantifiable outcome

• Grew from two accountants with a bookkeeper and secretary in 1974 to one of the largest independent accounting firms in New Brunswick
• +1 more outcomes

Named customers5 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

Integration9 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• DFK GroupcoreStrategic or Co-development Partner · 1 January 1996Independent member of DFK Group - an international association of independent accounting firms. Joined in 1996, providing access to industry specialists and technical expertise worldwide. Partners have served on the DFK Canada Group executive. Provides world-class accounting and business advisory services with global reach while maintaining local firm relationships.
• XerocoreTechnology or IntegrationGold partner status with Xero, a global small business cloud accounting platform with over 100,000 business advisors worldwide. Provides cloud accounting software implementation, training, and ongoing support for small business clients.
• QuickBookscoreTechnology or IntegrationAdvanced Online Certified ProAdvisors for QuickBooks, providing implementation and support for small business accounting
• Accountancy InsuranceminorOthersInsurance partner providing coverage solutions for accounting firm clients

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Grant Thornton Canada: National audit, tax and advisory firm serving mid-market and privately held businesses across Canada. Overlaps with TSD in SMB and mid-market advisory work, but with significantly broader geographic and service-line coverage.
• BDO Canada: National mid-market accounting and advisory firm with full service-line coverage including audit, tax, and consulting across Canada. Competes for the same SMB and mid-market clients but operates at materially larger scale and brand recognition.
• KPMG Canada: Big Four accounting and advisory firm with offices across Atlantic Canada, including audit, tax and advisory services overlapping with TSD's mid-market clients. Competes selectively with TSD on larger private and entrepreneur-led engagements.

Others

• PWL Capital: Canadian independent wealth advisory firm — not a direct competitor but an adjacent financial-services participant that shares TSD's entrepreneur and high-net-worth client base and could partner on integrated tax + wealth advisory engagements.

Direct peers

• DFK Canada: Canadian arm of the DFK international association of which TSD is a member, composed of independent Canadian accounting firms that share resources and referrals. Sister firms within the network are the most direct peers in service scope and operating model.
• Welch LLP: Independent Canadian chartered accounting firm of comparable mid-market size with multiple offices and a similar mix of audit, tax, and advisory services to SMB and owner-managed businesses. Direct comparability on service breadth, partnership model, and Canadian SMB focus.
• Crowe Soberman LLP: Mid-market Canadian accounting and advisory firm serving owner-managed and private businesses with audit, tax, and advisory services including cloud-bookkeeping implementations. Closely comparable in size, client profile, and service mix.
• Baker Tilly Canada: Canadian mid-market accounting network offering assurance, tax, advisory and specialized services through independently owned member firms. Comparable mid-market positioning and SMB/owner-managed client orientation.
• Smythe LLP: Western Canadian mid-market CPA firm offering audit, tax, advisory and specialty practice services to private businesses. Comparable mid-market positioning and similar service-line breadth, though regionally focused on BC.
• MNP LLP: One of Canada's largest mid-market accounting and business advisory firms, with strong presence serving SMBs, First Nations communities, and the public sector. Directly comparable in service mix and core SMB/Indigenous client focus, though materially larger than TSD.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TeedSaunders
• Facebookfacebook.com/teedsaundersdoyle
• LinkedInlinkedin.com/company/teedsaundersdoyle
• Instagraminstagram.com/teedsaundersdoyle

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Teed Saunders Doyle