Accounting
Knowcraft Analytics offers distinguished finance and accounting outsourcing services to support end-to-end F&A functions to finance leaders of CPA Firms and end clients manage their routine finance, accounts, and treasury functions to month close and reporting, year-end audit as well as ERP selection to data migration support. By engaging the Knowcraft team – Clients can maximize effectiveness and efficiency as the team acts as a subject matter expert and provides significant overlap and extensive coverage.
Our finance and accounting team takes a holistic approach and works with a consulting mindset to transform processes and create positive disruption.
Audit Support
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Our extensive know-how in assisting the accounting firms with audit preparation for their clients’ books is based on the experience our professionals have gained from working in a wide range of public accounting and financial roles serving varied industries.
Many of our professionals have worked as external or internal auditors, which helps us to complete the audit in a thoughtful, timely, and effective manner. We offer a multitude of services for different attestation projects:
- Audit planning and implementation
- Evaluation of revenue and expenditure accounts including flux analysis
- Preparation, analysis, and updating of audit work papers and schedules using AuditFile, CaseWare, and MS Excel
- Reconciliation of the balance sheet accounts
- Preparing risk analysis and testing of internal controls
- Preparation of draft financial statements and accompanying footnote disclosures as per US GAAP
Bookkeeping
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Financial Analysis
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Financial Consulting
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Financial Modelling
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We have the experience in working for companies of all sizes across industries to develop and implement a robust, time efficient and effective financial budgeting, planning & reporting process. Our consultants are a mix of highly experienced finance professionals and budgeting & planning systems experts who have completed many complex business modeling assignments demonstrating their expertise.
Historical Cleanup
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Knowcraft Analytics is the leading cleanup and historic accounting service provider with a team of seasoned professionals who can take care of your accounting needs with utmost efficiency, significantly lessening your burden and helping you focus on your core operations.
Month End Closing and Accounts Reconciliation
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Account reconciliation is particularly useful for explaining the difference between two financial records or account balances. Some differences may be acceptable because of the timing of payments and deposits. Unexplained or mysterious discrepancies, however, may warn of fraud or cooking the books.
Our team has extensive experience in preparing month-end closing statements as well as accounts reconciliation.
Payroll Assistance
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Experts Behind the Wheel
Anshuman Thakur
President
Animesh Shah
Senior Associate Vice President
Why Choose Knowcraft for Accounting?
Experienced Professionals with Consulting Mindset
Direct Impact on ROI
Scalability Across Accounting Domain
Case Studies
Accounting Case Study – Forecast Financials
To understand the potential income to be generated in the future period, we have eliminated the revenue portion from entities that were discontinued in calculating the EBITDA.
Benefits of ERP Transition: A Case Study
In the fast-paced world of business, staying competitive often necessitates upgrading systems to meet growing needs. This case study explores the journey of Company X as it transitioned from one Enterprise Resource Planning (ERP) vendor to another. The case study highlights the constraints, proposed solutions, and outcomes achieved.
Contingent Consideration Valuation
THE CLIENT AND THE ASK: A pharmaceutical company (the “Acquirer”) acquired a biotechnology company (the “Company”) in exchange for an upfront payment and certain payments contingent upon successful achievement of future regulatory and sales milestones for certain...