CNA Professional Accountants Corp.

What CNA Professional Accountants Corp. does

CNA Professional Accountants Corp. is an Ontario-based accounting firm founded by Charles Ndegwe (CPA, CGA, FCCA), operating from a primary office in Kitchener with a secondary location in Alliston and providing services to clients across Canada via cloud-based delivery. The firm offers a unified portfolio spanning monthly and quarterly bookkeeping, HST/GST filing, corporate tax (T2), personal tax (T1), compilation/Notice-to-Reader financial reporting, accounting consultation, CRA audit representation, incorporation services, forecasting and budgeting, and structured tax-credit reviews (including SR&ED and Ontario innovation credits). Its technical foundation is built on proficiency across multiple third-party cloud platforms — QuickBooks Online, Xero, Wave, Sage 50, FreshBooks, and Dext — with secure document sharing and video consultations enabling remote service delivery.

The firm's business model is professional services delivered by a single credentialed professional on every file, supported by quote-based pricing agreed during a free 30-minute consultation and recurring monthly billing for ongoing bookkeeping engagements. It uses a relationship-first, referral-driven go-to-market motion supplemented by educational blog content, SEO, and the founder's LinkedIn presence; there is no paid advertising, no channel partners, and no disclosed external funding. Revenue streams include recurring bookkeeping (monthly), transactional tax filing, professional advisory, and contingency-style CRA audit work, with pricing fully customized per client complexity. The firm is privately held and founder-owned, with no institutional investors, no subsidiaries, and no M&A activity disclosed.

The customer base is a horizontal mix of Canadian SMBs and individuals — sole proprietors, freelancers, contractors, real estate investors, construction/trades, retail and e-commerce, professional services firms, non-profits, and personal tax filers. Key reported outcomes include helping one client save more than CAD 800,000 in taxes through improved internal controls and onboarding most new clients within a week of initial consultation. The firm is registered under CPA Ontario, follows CRA filing standards, and maintains professional liability coverage; no AI/ML capability, patents, partnerships, or external funding rounds are disclosed.

Name

CNA Professional Accountants Corp.

Legal name

CNA Professional Accountants Corp.

Website

https://cnaprofessionalaccountants.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

CNA Professional Accountants Corp. is a founder-led, Ontario-based CPA firm offering bookkeeping, HST/GST filing, T2/T1 tax preparation, CRA audit support, incorporation, and advisory services to small businesses and individual taxpayers across Canada via cloud-based delivery.

Ownership category

akta.pro rank

Headquarters

HQ city

Kitchener

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Bookkeeping Services: Monthly and quarterly bookkeeping including transaction recording, bank reconciliations, accounts receivable/payable management, payroll support, HST/GST compliance, financial reporting, expense management, inventory tracking, and year-end preparation. Priced based on complexity and volume, agreed upon during consultation.
2. Tax Filing Services: HST/GST filing (monthly, quarterly, or annual), Corporate Tax T2 filing, Personal Tax T1 returns. Services include catch-up filing for prior years and voluntary disclosure assistance.
3. Financial Reporting: Preparation of balance sheets, income statements, cash flow reports, compilation engagements (Notice to Reader), ASPE-aligned statements, and custom insight reports including margin by service line and board/investor packages.
4. Accounting Consultation: One-on-one advisory sessions covering business structure, tax planning, financial interpretation, CRA compliance, cash flow planning, financing readiness, business transitions, and new business setup. Available as standalone sessions or ongoing advisory.
5. CRA Audit Support: Full representation through CRA audit process including rapid intake and risk triage, document assembly, CRA correspondence handling, negotiation, and objection/appeals filing if necessary.
6. Incorporation Services: End-to-end incorporation handling including NUANS name search, Articles filing (federal or provincial), minute book and bylaws preparation, CRA Business Number setup, and initial share structure planning.
7. Forecasting and Budgeting Services: Annual operating budgets built from actual chart of accounts, rolling cash flow forecasts, variance reports comparing budget to actuals, and scenario planning for business decisions.
8. Tax Credits Services: Structured review of federal and Ontario tax credits for individuals and corporations, integrated directly into T1 and T2 preparation. Includes SR&ED, apprenticeship credits, Ontario innovation credits, and personal credits (disability, Canada Workers Benefit, caregiver, tuition, medical, home renovation, first-time home buyer, charitable donations).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

CNA Professional Accountants Corp. is an Ontario-based professional accounting firm delivering bookkeeping, HST/GST filing, corporate tax (T2), and personal tax (T1) services to small businesses and individuals across Canada. The firm delivers each engagement directly through its credentialed founder, treating bookkeeping and tax preparation as one continuous, year-round process supported by cloud-based accounting platforms.

Product overview

CNA Professional Accountants Corp. is a relationship-based accounting firm serving individuals and businesses across Ontario and Canada. The firm offers a unified portfolio of accounting and tax services organized around a single dedicated professional per client. The core service stack includes Bookkeeping Services (delivered via QuickBooks Online, Xero, Wave, Sage 50, FreshBooks, and Dext), HST/GST Filing, Corporate Tax (T2) Filing, Personal Tax (T1) Returns, Financial Reporting, Accounting Consultation, CRA Audit Support, Incorporation Services, Forecasting and Budgeting, and Tax Credits Services. These services are not sold as standalone SaaS modules but as an integrated suite delivered by Charles Ndegwe, CPA, CGA, FCCA, with bookkeeping and tax preparation treated as one continuous process. The firm operates entirely through cloud-based tools with remote service delivery across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping Services Monthly and ongoing bookkeeping for small businesses, freelancers, and incorporated entities, including transaction recording, bank reconciliations, accounts receivable/payable management, payroll support, HST/GST compliance, financial reporting, expense management, inventory tracking, and year-end preparation, delivered through cloud-based accounting software such as QuickBooks Online, Xero, Wave, Sage 50, and FreshBooks.
• HST / GST Filing Preparation and filing of HST/GST returns for monthly, quarterly, or annual reporting periods, including registration guidance, Input Tax Credit review, compliance review, and CRA correspondence handling, for small businesses and corporations across Canada.
• Corporate Tax (T2) Filing Full T2 corporate tax return preparation for Canadian-controlled private corporations, including all CRA schedules, elections, Ontario CT23 return, financial statement preparation, corporate tax planning, compliance reviews, and CRA representation for active and holding corporations.
• Personal Tax (T1) Returns Personal income tax preparation for individuals, families, self-employed professionals, and sole proprietors, covering employment income, self-employment income (T2125), rental income (T776), investment income, and year-round CRA correspondence support.
• Financial Reporting Preparation of financial statements including balance sheets, income statements, cash flow statements, compilation engagements (Notice to Reader), ASPE-aligned statements, and custom management reports for banks, boards, investors, and CRA.
• Accounting Consultation One-on-one advisory sessions covering business structure and incorporation advice, tax planning, financial statement interpretation, HST/GST obligations, CRA audit preparedness, cash flow and budget planning, financing readiness, business transitions, and new business setup.
• CRA Audit Support Authorized CRA representation for businesses and individuals facing tax reviews or audits, including rapid intake and risk triage, document assembly and accuracy checks, CRA correspondence handling, negotiation, and objection/appeal filing.
• Incorporation Services End-to-end business incorporation including NUANS name search, federal or provincial Articles of Incorporation filing, minute book and bylaws preparation, CRA Business Number setup, HST/GST registration, and share structure planning for Ontario and Canada-wide clients.
• Forecasting and Budgeting Services Annual operating budget preparation, rolling cash flow forecasts with a 12-month horizon and monthly or weekly views, variance reporting comparing budget to actuals, and scenario planning to help business owners anticipate cash positions and make growth decisions.
• Tax Credits Services Structured review of federal and Ontario tax credits for individuals and corporations, including the Disability Tax Credit, Canada Workers Benefit, Canada Caregiver Credit, medical and tuition credits, SR&ED incentives, apprenticeship credits, and Ontario innovation/digital media credits, built directly into T1 and T2 filings.

Quantifiable outcome

• Helped a client save more than CAD 800,000 in taxes through implementing strong internal controls
• +1 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pilot: Pilot provides outsourced bookkeeping, tax, and CFO services to SMBs and startups using dedicated accountants working in client QuickBooks/Xero files. Its subscription-based, dedicated-accountant model closely mirrors CNA's positioning.
• Bench Accounting: Bench is a tech-enabled bookkeeping and accounting service for small businesses, combining dedicated accountants with proprietary software. It directly parallels CNA's bookkeeping-plus-software service model, though at much larger scale and US-focused.
• 1-800Accountant: 1-800Accountant is a US-based virtual accounting firm serving small businesses and individuals with bookkeeping, tax preparation, and advisory services via remote delivery. It is a direct service-model peer to CNA's cloud-based, dedicated-accountant approach.
• H&R Block Canada: H&R Block Canada offers personal (T1) and small business tax preparation plus bookkeeping services through retail and virtual channels. It is the most comparable mass-market peer for CNA's individual and SMB tax filing services.

Broad incumbents

• Intuit QuickBooks: Intuit QuickBooks is the dominant cloud accounting platform used by Canadian SMBs for bookkeeping and tax prep. It is both a tool CNA works within and a partial substitute/disintermediator for DIY clients who might otherwise engage an accountant.
• Baker Tilly Canada: Baker Tilly is a Canadian mid-tier accounting firm providing tax, bookkeeping, and advisory services to owner-managed businesses, professionals, and individuals. Its service mix and SMB focus closely mirror CNA's positioning.
• KPMG Canada: KPMG Canada is a Big Four firm offering personal and corporate tax, bookkeeping through digital platforms, and advisory services. It competes with CNA at the higher end of the SMB and individual market.
• BDO Canada: BDO Canada is a major national accounting firm providing tax compliance, bookkeeping, financial reporting, and advisory services to Canadian SMBs and individuals. It competes for the same client base as CNA at a larger, multi-partner scale.
• Grant Thornton Canada: Grant Thornton is a mid-tier Canadian accounting firm offering T1/T2 tax, bookkeeping, assurance, and advisory services to private SMBs and owner-managed businesses — directly overlapping CNA's core offerings.
• MNP LLP: MNP is one of Canada's largest accounting and business advisory firms, serving SMBs and individuals across the country with bookkeeping, tax (T1/T2), HST/GST, audit, and advisory services. It is the closest large-scale Canadian analogue to CNA's service portfolio for the same target market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cna-professional-accountants-corp

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 CNA Professional Accountants Corp.