Accounting and financial planning are two professions that heavily rely on math, and while they are frequently confused, there are a few key distinctions.
Other aspects of your finances are handled by a financial planner, such as wealth management, retirement plans, estate planning, and longer-term investments.
An accountant is a professional who performs tasks such as financial forecasting, financial statements, auditing, and tax preparation. They have a keen eye for detail and are numerate.
We’ll tell you about the best accountants in Winnipeg and give you an estimate of how much it will cost you in this article.
- Winnipeg Cost of Accountant Services
- 5 Best Accountants in Winnipeg
- 1. Compass Accounting
- 2. Fort Group Chartered Professional Accountants
- 3. Rawluk and Robert Chartered Professional Accountants
- 4. Robert Juniper Accounting & Tax Service
- 5. Craig & Ross Chartered Accountants
- FAQs about Accountant Services in Winnipeg
Winnipeg Cost of Accountant Services
The cost of an accountant varies depending on the provider, as some prefer to charge by the hour, while others prefer to charge by the flat rate, and still, others charge based on factors such as business revenue.
Every business owner must consider the opportunity cost of doing their own accounting at some point. Here’s what you can expect when that time comes.
| ACCOUNTING SERVICE | ESTIMATE PRICE |
|---|---|
| Hourly Rate | $150 to $450 per hour |
| Tax Returns | $180 to $300 per hour |
| CPA | $50 to 350 per hour |
| Rental Properties Tax | $500 to $1000 per year |
| Small Business Tax | $150 to $500 per hour |
| Bookkeeping | $50 to $100 per hour |
| Corporate Tax | $800 to $2500 per hour |
5 Best Accountants in Winnipeg
A good accounting services provider should be able to interpret all of your company’s financial data and produce reports that demonstrate proper business structure, overall financial structure, tax returns, budgeting, and more.
Let’s take a look at some of Winnipeg’s best options:
1. Compass Accounting
| Website | https://www.compass-cpa.com/ |
| Address | 605 Erin St, Winnipeg, MB R3G 2W1, Canada |
| Phone | +1 204-783-4306 |
| Category | Chartered accountant |
Compass Accounting is a Chartered Professional Accountant firm located in Winnipeg and serving clients in many provinces. They focus on helping business owners and managers get the most from their financial reports, keep costs in check with efficient systems and stay compliant with tax and government filings.
Compass Accounting has held senior finance roles in manufacturing, agri-business, and venture capital. As a Chartered Business Valuator and the principal of Compass Accounting, Karen and her team focus on helping smaller businesses increase in value by creating business plans and reporting systems to help owners improve performance and achieve their goals.
- Well-known and reputable accounting firm
- They offer a wide range of services that cater to both businesses and individuals
- It is in great location
- Expensive
Customer Reviews
Let’s take a look at what their clients have to say:
“Very professional and knowledgeable team. Karen knows her stuff My adventure was nothing short of incredible. They were courteous, accommodating, knowledgeable, and patient. I would recommend this firm to anyone in need of an accountant or simply advice on how to start a business.” – Tresha Marshall
“When I first started my company, I needed a local Winnipeg accountant who could work in a variety of countries and currencies. Compass Accounting is a Xero partner, and it was the ideal solution for my company. For the past three years, I’ve worked with Compass Accounting, and they’ve assisted me not only with tax compliance but also with tax planning and performance reporting. Working with Compass Accounting is a fantastic experience!” – Jacob Kettner
2. Fort Group Chartered Professional Accountants
| Website | http://www.fortgroupcpa.ca/ |
| Address | 865 Henderson Hwy #100, Winnipeg, MB R2K 2L6, Canada |
| Phone | +1 204-942-0861 |
| Category | Certified public accountant |
Fort Group Chartered Professional Accountants is a great choice for businesses that are looking to focus more on overall growth and less on day-to-day administrative work. They offer complete services from monthly, quarterly and annual transaction recording, to GST preparation and filing, payroll preparation and filing, financial statement preparation as well as tax compliance, preparation, and filing.
They also offer training services for different accounting software like Quickbooks Desktop, Quickbooks online, Sage 50 software. This makes them popular among businesses that need to train their in-house accounting team.
- Accounting software training is provided
- Certified Quickbooks Provider
- Accounting that is fully customized
- Not recommended for new businesses
Customer Reviews
Let’s take a look at what their clients have to say:
“Going through my startup phase, I’ve been looking for professional support (lawyers, accountants) to help me grow. Alex from Fort has been absolutely amazing and I’m really glad to have come across this accounting group. 10/10 would recommend them.” – T Phill
“We initially worked with Fort Group because we needed help with a few years of complicated non-resident income tax returns when we returned to Canada after working abroad. Brian Walker was incredible at sorting the returns out for my husband and me. Shortly after, I started a small business and Brian provided us with start-up advice (and the super helpful Eileen Klassen kept us on track with bookkeeping) and they made sure we had all our ducks in a row with payroll and GST, plus the corporate taxes. I’ve now referred my family and both my business partners to Fort Group and Brian has consistently provided excellent advice and professional support. Customers for life!” – K Hunter
3. Rawluk and Robert Chartered Professional Accountants
| Website | http://www.accountants.mb.ca/ |
| Address | 226 St Mary’s Rd, Winnipeg, MB R2H 1J3, Canada |
| Phone | +1 204-237-6053 |
| Category | Accountant |
Rawluk & Robert is a public accounting firm that has over 30 years of combined experience. They provide a variety of services like tax, accounting, assurance, and consulting to businesses in Winnipeg and Western Canada. Their client retention rate is high, and they are known for their timely service. They also offer auditing services that follow Canadian auditing standards.
- Convenient location
- Online client portal
- Premium and much higher rates
- Not suitable for large businesses
Customer Reviews
Let’s take a look at what their clients have to say:
“Eric Robert has done Artists in Healthcare’s audit for the past two years and we are so pleased with his excellent work. We can’t recommend them highly enough, not just for the work, but for the friendly efficiency and great communication. Thank you” – Shirley Grierson
“Eric and his associates have been handling my accounting for the past couple of years. Professional and very accommodating when it comes to answering questions. Would highly recommend it.” – James Girden
4. Robert Juniper Accounting & Tax Service
| Website | http://www.rjaccounting.com/ |
| Address | 314 Bond St, Winnipeg, MB R2C 2L5, Canada |
| Phone | +1 204-224-5913 |
| Category | Accounting firm |
ONBusiness Chartered Professional Accountants Inc. is a Winnipeg, Manitoba-based CPA firm that helps small to medium-sized businesses work ON their businesses, not IN their businesses. The firm offers traditional accounting services, as well as a variety of nontraditional services that can help businesses achieve their goals and objectives.
The team at ONBusiness is comprised of over 30 professionals who are dedicated to helping their clients reach their financial and personal goals. The firm has access to a variety of resources and tools that allow it to continually improve the way it does business. ONBusiness is also affiliated with a number of professional organizations, which allows the team to stay current on the latest trends and developments in the accounting industry.
- Budget-Friendly
- They are a qualified accountant and tax specialist
- Convenient Location
- Only available by appointment
- The office is quite small
Customer Reviews
Let’s take a look at what their clients have to say:
“Amazing service. I’ve been with Robert for 5 years now. He does amazing work and he’s very professional. I’ve been to 4 different accountants until I found Robert. Don’t plan on leaving his services.” – Nelson Salazar TV
“Love these guys. Always fast and efficient. They made it hard to ever want to go anywhere else.” – Amy J
5. Craig & Ross Chartered Accountants
| Website | http://www.craigross.com/ |
| Address | 1515 Lombard Pl, Winnipeg, MB R3B 0X3, Canada |
| Phone | +1 204-956-9400 |
| Category | Accountant |
Craig and Ross is a full-service accounting firm located in Winnipeg, Manitoba. The company was founded in 1998 by John Craig and Hugh Ross and has since expanded to include 35+ staff members. Craig and Ross provide a range of professional services, including auditing, accounting, tax planning, and management consulting.
The company specializes in working with owner-managed businesses and not-for-profit organizations. Craig and Ross are committed to providing personal attention to their clients and ensuring that they receive the best possible service.
- Well-established accounting firm
- Convenient location
- High Price Rates
Customer Reviews
Let’s take a look at what their clients have to say:
“Great service backed up by exceptional knowledge and skills. I would highly recommend Craig & Ross to any business owners seeking the best from their professional service providers.” – John Swystun
“Straightened out our books and our corporate structure. Explained what needed to be done and why every step of the way. Very responsive to any questions or concerns we had, all at a very reasonable cost. Highly recommend!” – Mike Williams
FAQs about Accountant Services in Winnipeg
An accountant is a person who handles bookkeeping and prepares financial documents such as profit-and-loss statements, balance sheets, and other financial documents. They conduct audits of your books, prepare tax reports, and handle all of the financial data that comes with running a business.
You must first obtain a Canadian or internationally recognized bachelor’s degree, followed by 120 credit hours of post-secondary education. Preparatory courses for the CPA exam can fulfill 14 of the pre-requisite courses.
The majority of people do not hire an accountant (only wealthy individuals can justify the cost of these tax pros). Your bookkeeper will set up regular appointments (weekly, monthly, etc.) to input data and complete the tasks you request. You can do your bookkeeping in person (at your home or at the bookkeeper’s office) or online.
A non-certified accountant could be just what you need to take care of your company’s financial statements, analysis, and bookkeeping. When it comes to tax advice and return preparation, however, most business owners turn to certified and licensed accountants.
Have you had any noteworthy interactions with accounting firms? Tell us everything, and we’ll look into it as soon as possible.
Now that you’ve learned the difference between accounting and financial planning, as well as where to find the best accountants in Winnipeg, it’s time to look at your own finances.
