Special Purpose Audits

Special Purpose Audits

KNAV offers industry-specific audits designed to address the unique compliance and regulatory challenges of various sectors. Whether it’s healthcare, non-profit, or public sector audits, KNAV ensures thorough, transparent, and compliant financial reporting. Their expertise extends to employee benefit plans and grant audits, providing confidence and accuracy where it matters most.

Industry-Specific Audits:

KNAV delivers tailored audit services that address the unique challenges of industries such as healthcare, non-profits, and financial services. Each sector faces specialized regulations and compliance requirements, and KNAV’s in-depth understanding of these needs allows us to provide focused, customized audits. By leveraging our global experience, we ensure that businesses in these industries not only comply with local regulations but also adopt best practices from around the world. This proactive approach helps clients stay competitive by fostering confidence among stakeholders and improving operational efficiency.

Public Sector & Government Audits:

KNAV provides a comprehensive audit service for government entities and public sector organizations, adhering to the stringent requirements of Public Sector Accounting Standards (PSAS). These audits ensure transparency, accountability, and compliance with government regulations. KNAV’s team thoroughly examines financial statements to help identify potential risks, inefficiencies, and areas for improvement. With this detailed approach, public sector clients can enhance their operations while meeting regulatory expectations and demonstrating financial responsibility to the public.

Employee Benefit Plan Audits:

With extensive expertise in employee benefit plan audits, KNAV helps organizations comply with the complex regulations governing pension plans and other benefits. Whether dealing with local laws or international standards, KNAV ensures the accurate reporting of employee benefits, reducing the risk of non-compliance or mismanagement. This service enables organizations to efficiently manage their benefit obligations and maintain trust with employees.

Grant Audits/Project-Specific Audits:

KNAV provides audit services for grants and project-specific funding to ensure compliance with grant provider requirements. These audits are especially critical for non-profits and government-funded projects, where precision and accountability are essential. KNAV ensures that financial resources are used in alignment with the terms of the grant, providing trust and transparency with funders.

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