KUALA LUMPUR, March 27 (Bernama) -- An international accounting and advisory firm, KNAV, has merged with Natarajan & Swaminathan, a respected audit firm in Singapore, marking a strategic step in the firm’s plan to strengthen its local presence in operational countries and extend its reach in the region.
In a statement, KNAV country leader in Singapore, Dominique Tan said the merger will enhance the firm's audit service capabilities and allow the provision of tax services in Singapore.
The addition of three new partners and 27 staff members increases the KNAV Singapore team to 48, including six partners, thereby improving client service capabilities.
Meanwhile, Natarajan & Swaminathan Managing Partner, R. Narayanamohan said the merger’s potential to create new opportunities for clients and staff while preserving the relationships built over the past 70 years.
KNAV, which already has an established presence in Singapore, considers this merger as a step in-line with its fundamental strategy of strengthening its presence in the regions where it conducts the business.
The merger combines Natarajan & Swaminathan local expertise with KNAV’s global proficiency, promising clients in Singapore superior service levels, comprehensive solutions, and access to an extensive network of professionals.
Natarajan & Swaminathan will join KNAV International Limited, a member of the Forum of Firms, as a new member and will retain its name and leadership team, ensuring a smooth transition for clients and staff, post-merger.
With over seven decades of history, Natarajan & Swaminathan is renowned for its quality audit and tax services in Singapore. The team of professionals at the firm are well-versed in the local business environment and have been a reliable partner for businesses of various sizes.
As a “Partner Beyond Boundaries’, KNAV provides global assurance, tax, and advisory services, specialising in financial reporting, audits, tax filings, mergers and acquisitions, and advisory across the United States, India, the United Kingdom, Singapore, Canada, and the Netherlands.
-- BERNAMA
Tuesday, March 26, 2024
KNAV JOIN FORCES WITH NATARAJAN & SWAMINATHAN TO ENHANCE AUDITING, ADVISORY SERVICES
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