RHN CPA
By YP Contributor

A Boutique Firm with a Big Heart

With many years in the industry, John Nagy boasts a tremendous amount of experience in accounting and finance. After forming his own accounting firm in 1964, he merged with Reid and Hurst in 2000, to create Reid, Hurst, and Nagy CGA Inc.

“We’re a small firm that offers large-firm services,” says John. “With all of our experience in the industry, we have a great deal to offer modern companies and individuals, but we don’t sacrifice the personal touch that comes from working with smaller firms.”

Specializing in owner-managed business, Reid, Hurst, and Nagy is the perfect firm to provide exceptional accounting for small businesses looking to grow. They also lend their services, including auditing and financial advice, to a great deal of charitable and First Nations organizations. Focusing on these niche areas allows Reid, Hurst, and Nagy to provide their clients with trusted, specialized knowledge.

With all of our experience in the industry, we have a great deal to offer modern companies and individuals, but we don’t sacrifice the personal touch that comes from working with smaller firms. - John, owner

Honing In On a Niche

Over the years, John has noticed one major fault with other accounting firms: “Most firms try to be everything for everybody. There’s no specialization and, therefore, no proven experience,” he says. “Companies need to be a significant size to appeal to every need. We focus on niche markets. By specializing our work, we are able to offer a higher quality of service.”

Because of this lack of specialization in the industry, John warns of seeking accounting services from firms you haven’t researched. “The best piece of advice I can give clients is to talk to their associates in the industry – maybe bankers or lawyers – and get a referral before working with an accounting firm. Picking a random accountant can be dangerous. You have to trust their experience so that you know they can properly handle your specific financial situation.”

John also suggests interviewing accounting firms before building a working relationship with them. “By interviewing them as if you were interviewing them for a job,” he explains, “you can ensure they are qualified and capable of handling your money. It’s the best way to gain an understanding of their credentials, their background, and their experience.”

Paper-Free and People Focussed

As well as working with charitable organizations, Reid, Hurst, and Nagy is dedicated to being environmentally friendly in their business practices. “We operate in a completely paperless environment,” says John proudly. “Any paper we have is generated by our clients, which we then scan and recycle. We always encourage our staff to volunteer and get involved in the community, especially if it can help the environment.”

Reid, Hurst and Nagy employs approximately 40 people, letting them keep a small, family-like atmosphere, providing personalized service for clients. “We respect our family values and the importance of personal care for our clients,” explains John. “We’re not a large downtown firm where employees have never met their partners. It’s a close-knit atmosphere and clients can sense that.”

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