Monday, June 15, 2009

Indian accounting firm KNAV goes global

To cater to the growing list of Indian MNCs, Indian accounting firm KNAV has become the first such firm to go global setting up operations in other parts of the world.

The company has a highly networked teams of certified accounting professionals in the US, UK and Canada besides India to provide a holistic approach.

KNAV in a release here said its team encompasses a breadth and depth of knowledge, which is uncommon for an Indian accounting firm as they utilise their specialised skill sets to provide seamless, value-added service around the globe.

Founded by four dedicated Indian accounting professionals, KNAV, has created a niche for itself by understanding and addressing the unique needs of the multinational Indian company.

Service areas provided include assurance, tax consulting and business advisory the release said.

KNAV's audit methodologies are custom tailored to client specific industry segments and employ leading edge software tools and paperless engagement documentation which reduces audit time and provides cost efficiencies.

KNAV has highly technical expertise needed to address their client's complex financial accounting issues, such as revenue recognition, business combinations, intangible valuations and option plans.

It said today's tax environment has become increasingly complex requiring transparency and careful strategising. KNAV's highly qualified tax team provides their clients with customised tax planning and is well versed in international tax policies and practices.

They specialise in international tax advice including overseas structuring for tax effectiveness, transfer pricing strategies and local tax compliances.

Additionally, they have extensive industry experience with the tax consequences associated with mergers and acquisitions.

KNAV’s client base included some of the best known names in Indian business. KNAV’s high profile multinational clientele include Nicholas Piramal India Ltd, Reliance Communications, Pidilite, Haynes International, Infotech, Larsen & Toubro Ltd and Fem Care Pharma Ltd.

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