KNAV is a global accounting and consulting firm offering a complete suite of services including assurance, taxation, international transfer pricing, valuation, risk and business advisory services. At KNAV Canada, we offer a complete suite of services including audit and assurance, accounting, taxation, international transfer pricing, valuation and business advisory services. With our wide international network and deep expertise, our clients obtain value addition in domestic as well as international matters.
WHAT WE DO
- Audit, Review and Compliance of Financial Statements as per Canadian GAAS and IAS
- Pension Plan/ Pension Fund Audit
- SOC Audit
- Special Purpose Audit
- Audit Support Services
Federal, Provincial and Local Taxes
- Compliance and Advisory for individuals, corporates and non-profit organizations
Tax Advisory
- Domestic and international tax advice
- Scientific research & development credit – planning, advisory & representation
- CRA audit support
- Canadian tax impact studies for M & A deals
Tax Accounting Advisory
- Tax provisioning in accordance with IFRS, US GAAP and IndAS
- Current and deferred tax calculations
- Identification of uncertain tax positions
- Preparation of tax footnotes and disclosures
Transfer Pricing
- Creation of Transfer Pricing strategy
- Audit, Documentation and Litigation Support
Accounting Advisory as per Canadian ASPE and IFRS
GAAP Conversion and New Standard Implementation
Complex Accounting Assistance
- Periodic filing for listed companies on stock exchanges
- Consolidation of group financials
- Designing uniform chart of accounts and accounting procedures for group
Cash Flow Services
- Automation of cash flow preparation
- Presentation of year-end FX differences, hedging transactions and changes in equity
- Treatment of business acquisitions, disposals and mergers and acquisitions
- Treatment of differences arising on conversion to reporting currency
Preparation of executive summaries and information memorandum
Assistance in developing business and financial models
Transaction fairness, solvency and other financial opinions
Taxation planning and compliance (income, gift, estate, and property tax)
Financial Due Diligence
- Quality of Earnings and Assets Analysis
- Working capital analysis, computation and adjustments
- Compensation and benefits analysis
- Summarizing accounting methodologies, policies and controls, including departures from GAAP
- Identification and validation of key projection assumptions
Post-Acquisition Advisory
- Preparation of post-acquisition opening balance
- Financial reporting assistance
- Working capital true-up adjustments
- Earnouts computation and settlement
- Post-closing adjustments analysis/review
Deal and Listing Support
- Preparation of financial statements to be included in the offer document
- Preparation of consolidated/combined/pro-forma/ carve out financial statements
- Listing support in multiple countries including US, Canada and India
- Post deal accounting support including identifying and deciding appropriate accounting for intangible assets acquired
Other Services
- Allocation of purchase price
- Reviewing the share purchase agreement for indemnities and warranties
- Contractual due diligence
- Transaction support rightsourcing
Financial Reporting Valuation
- Purchase price allocation as per IFRS 3
- Impairment analysis for intangibles and long-lived assets as per IAS 36
- Valuation of –
- Employee stock options and restricted stock awards
- Intangibles
- Financial instruments
- Guarantees and indemnifications
- Contingencies
Business and Compliance Valuation
- Valuation for fund raising and private equity
- Business valuation for SBA lenders and financing purposes
- FMV for compliance with CRA
- Debt capacity analyses as per CRA
- Fair valuation for CRA
- Step up in basis valuation as per CRA
- Valuation for litigation support
- Assessment of internal financial controls
- Forensic & investigative services
FOLLOW US
Khozema Anajwalla
Partner
khozema.anajwalla@knavcpa.com