Comprehensive Private Company Audit Services
An audit is the highest level of assurance we provide. At KNAV, our audit approach is grounded in risk-based methodologies and powered by technology to increase efficiency and reliability.
We focus on understanding your operational environment, key transaction cycles, internal control design, and materiality thresholds, which enables us to identify potential issues early and deliver comprehensive audit and assurance services.
Our audit engagements cover:
- Compliance with U.S. GAAP, International Financial Reporting Standards (IFRS) for cross-border entities, and AICPA audit standards.
- Risk assessment analytics utilizing data-driven techniques and AI-enabled tools to identify anomalies and areas requiring deeper scrutiny.
- Testing of internal controls over financial reporting, particularly relevant for companies preparing for investor due diligence, debt financing, or acquisition.
- Cloud-based audit documentation that ensures transparency, traceability, and secure file exchange between our team and yours.
- Clear, actionable audit findings and management suggestions that enhance business processes, controls, and governance.
Review Engagements
A review offers limited assurance, ideal for privately held companies that require independent validation but not an exhaustive audit.
Our approach includes analytical procedures, inquiry-based testing, and variance analysis to detect trends and inconsistencies.
We leverage advanced data visualization tools and cloud-enabled analytics to help management interpret results in context and make informed decisions.
Reviews are particularly suited for:
- Companies seeking funding or compliance with lender requirements
- Growing companies preparing for future audits
- Subsidiaries that must report consolidated results
Each review report issued by KNAV meets the requirements under SSARS (Statements on Standards for Accounting and Review Services) and reflects our commitment to reliability and timeliness.
Compilation Services
A compilation engagement arranges financial data into a GAAP presentation without providing any assurance. It is suitable for internal management use, tax filings, or board reporting.
Our CPAs ensure your compiled statements reflect clarity, consistency, and alignment with current accounting standards.
Through automation and secure cloud accounting integrations, we minimize turnaround time and reduce manual errors.
Why Choose KNAV
- Partner-led approach ensuring continuity, senior oversight, and domain expertise in every engagement.
- Technology-enabled audits using AI-driven data analytics, secure portals, robotic process automation (RPA), and workflow tracking for optimized reporting cycles.
- Industry specialization across manufacturing, professional services, technology, logistics, and real estate sectors.
- Multinational presence, helping private companies navigate cross-border reporting complexities across the U.S., U.K., India, Singapore, Canada, Netherlands, and beyond.
- Quality-first philosophy, evidenced by rigorous internal quality control and peer review standards.
