KNAV INTERNATIONAL REPORTS A GROWTH OF 45.52% OVER THE PAST TWO YEARS

by Shrutee K/DNS

KNAV International Ltd (‘the Charter Association’) released its latest annual report, where it announced a 45.52% growth in the revenues of its member firms over the past two years. KNAV now has a direct presence in 9 countries and is the leading audit, tax, business, valuations and risk advisory firm for Indian businesses with global aspirations.

The newly launched service lines in the field of HR solutions by KNAV’s member firm in India and Commercial Realty Valuations by its member firm in the US have demonstrated significant promise. KNAV's risk advisory practice has added several marquee clients this year, while servicing their governance, compliance and enterprise wide risk management requirements across the globe.

Speaking on the occasion, Nishta Sharma, Managing Partner, KNAV P.A. said, “At a time when economies across the globe are dealing with uncertainties associated with the eagerly awaited upswing in the global economy, the Charter Association’s strong performance is powered by the cohesive implementation of a diversification-based strategy of the member firms of the Charter Association. This has resulted in sustained growth and continuous improvement in each of the main service lines of audit, tax, business advisory, valuation and risk consulting.”

“Our industry is changing fast and technology is moving us along faster. The board and the KNAV members are embracing this disruption and are making a conscious effort to develop their ‘advisory service offerings’ within the member firm network. The member firms are supporting their peers within the KNAV network, helping leverage on each other’s capabilities. The ambition is to develop a ‘partnership amongst equals’. We are all excited about the future whilst every location endeavors to work more closely with each other, than ever before.” said Aman Singh, President, Board of Directors of Charter Association.

This year saw KNAV P. A. being rated as one of the 'Fast 100 Asian American companies' by the US Pan Asian American Chamber of Commerce Education Foundation. In July of 2017, KNAV P.A. earned the distinction of being named as one of the '2017 Accounting Today's Best Accounting Firms to Work for'. And last month MGC & KNAV Global Risk Advisory LLP was selected by the Consultants Review magazine as one of the ten most promising Governance, Risk and Compliance consultants in India. KNAV is growing fast into becoming the Indian professional services firm, which is taking the center stage across the globe in the areas of its specialization.

About KNAV

KNAV refers to one or more member firms of KNAV International Limited; which itself is a not-for- profit, non-practising, non-trading corporation incorporated in Georgia, USA. KNAV International Limited is a charter umbrella organization that does not provide services to clients. Each firm within KNAV's association of member firms, is a legally separate and independent entity. Services of audit, tax, valuation, risk and business advisory are delivered by KNAV's independent member firms in their respective global jurisdictions. All member firms of the Charter Association in India, North America and the United Kingdom are a part of the US$ 2.01 billion, US headquartered Allinial Global; which is an accounting firm association that provides a broad array of resources and support for its member firms, across the globe.