Knowledge Center
Articles
IRS Cryptocurrency Reporting: What You Need to Know
The IRS and Treasury have finalized regulations requiring many custodial crypto brokers to report digital asset transactions using Form 1099-DA. Gross proceeds reporting applies to transactions on or after January 1, 2025, with cost basis reporting being phased in....
Red Flags in Financial Due Diligence
In Mergers and Acquisitions, Financial Due Diligence (FDD) is the buyer's most critical line of defense before committing capital. It is the process through which advisors dissect a target company's historical financial performance, assess the quality and...
How Tax Preparation Outsourcing Works for CPA Firms: A Step-by-Step Guide
Tax preparation outsourcing has become an established operating model for many CPA firms and accounting practices looking to manage seasonal workloads more efficiently. While the benefits of outsourcing are widely discussed, firms often have practical questions about...
Case Studies
Impairment Testing Under ASC 350 & ASC 360: A Public Company Case Study
A U.S. public company required independent valuation and impairment testing under ASC 350 and ASC 360. Here’s how Knowcraft Analytics delivered a compliant, defensible conclusion.
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
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 Announces Strategic AI Partnership with JMS Tech Nova
Knowcraft is pleased to announce a strategic partnership with JMS Tech to develop next-generation AI solutions that enhance the way we deliver services to our clients. As the professional services industry continues to evolve, we believe AI will play a transformative...
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 at the IMA India Accounting & Finance Conference 2025
Leadership insights from the C-Suite and a new Corporate Member milestone with IMA. Our Crafter, Pratik Shah, represented Knowcraft Analytics at the prestigious IMA India Accounting & Finance Conference 2025 in Bengaluru, a premier forum uniting finance leaders,...









