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Knowledge Center

Gain valuable insights from our professionals and learn more about our organization, services, and engagements.

Articles

ASC 350: Goodwill Impairment

ASC 350: Goodwill Impairment

ASC 350 requires companies to test goodwill for impairment at least annually. This guide breaks down the triggering events, testing methods, and what it means for accurate financial reporting.

Tax Planning Strategies for Partnership Firms

Tax Planning Strategies for Partnership Firms

Tax planning strategies for partnership firms can help reduce tax liability, improve cash flow, and maximize deductions. Learn how partnership firms can benefit from Section 199A deductions, pass-through taxation, retirement planning, PTE tax elections, and self-employment tax strategies while staying compliant with IRS regulations.

Case Studies

Sales and Collection Reconciliation

Sales and Collection Reconciliation

Discover how a QSR business streamlined sales reconciliation, tracked collections, and improved profitability using POS reports, QuickBooks, and ERP tools.

Accounts Payable Migration – Streamlining ERP Transition

Accounts Payable Migration – Streamlining ERP Transition

The transition to a new ERP presented a dual challenge: We needed to establish AP processes within the new system and had to contend with a significant backlog of invoices awaiting processing. We had to devise innovative solutions to streamline and manage the AP process efficiently.

Newsroom

Knowcraft Analytics Recognised as a CTD Partner at RISE 2040

Knowcraft Analytics Recognised as a CTD Partner at RISE 2040

Honoured at AICPA & CIMA's flagship leadership summit on the future of the accounting profession in the age of AI. Knowcraft Analytics is proud to be recognised as a CTD (Certified Talent Development) Partner at RISE 2040 - The Future of the Profession in the Age...

Knowcraft Analytics Joins the IMA as Corporate Member

Knowcraft Analytics Joins the IMA as Corporate Member

IMA® (Institute of Management Accountants), one of the largest and widely respected global associations dedicated to advancing the management accounting profession, announced a strategic partnership with Knowcraft Analytics, the trusted offshore partner for leading...

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