Member Details

The Financial Reporting and Valuation Service line of KNAV is led by Rajesh, who shares his time between our Atlanta and Mumbai offices. 

The KNAV story
In early 2007 Rajesh started the valuation service line of KNAV. Since 2007 KNAV’s Financial Reporting and Valuation Service (“FRVS”) line has conducted over 500 valuation engagements specializing in transaction valuations and valuations for financial reporting purposes under U.S. GAAP and IFRS. In 2015, Rajesh was selected amongst the ‘best under 40’ valuation specialists by the NACVA USA. 

Rajesh’s association with KNAV began in 2005 when he joined the firm’s assurance service line as senior associate. He was involved in various special projects of the firm such as due diligence, accounting advisory and U.S. GAAP restatements. 

Financial reporting and valuation experience
Over the years, Rajesh has been instrumental in rendering a comprehensive range of Valuation Services. These services include:

• Purchase price allocation per IndAS 103, ASC (“Accounting Standard Codification”) 805 & IFRS (“International Financial Reporting Standards”) 3
• Impairment testing per IndAS 36, ASC 350/360 & IAS (“international accounting standards”) 36
• Employee stock option valuation as per IndAS 102, ASC 718 & IAS 36
• Valuation of intangibles such as customer relationships, domain names, trade names, developed technologies, assembled workforce and non-compete covenants
• Valuation of financial instruments like interest rate swaps and foreign currency convertible bonds
• Valuations for IRS purposes
• SBA valuations
• Valuations for due diligences, buy sell agreements, restructuring, mergers and acquisitions

His industry specialization includes: 
• Indian multinationals having business interests in USA, Canada and UK operating in the pharmaceutical and IT/ITES segment; and
• Businesses having entrepreneurial growth stories – across a wide variety of industries – to measure and enhance shareholder value. 
 
Academic qualifications
Rajesh is an Accredited Senior Appraiser and a member of the American Society of Appraisers.
Rajesh also qualified as a U.S. Certified Public Accountant  from the Delaware State Board of Accountancy, and is a member of the American Institute of Certified Public Accountants.  He also passed the Accredited in Business Valuation (“ABV”) exam from the AICPA.
He holds a Master’s degree in Commerce from University of Mumbai, is an Indian Chartered Accountant, and an associate member of the Institute of Chartered Accountants of India.

Thought leadership
Rajesh contributes thought provoking articles and comments regularly to local and international media, professional publications and professional bodies. He is regularly invited to present papers and speak at various conferences, webinars and seminars organized by NASSCOM.
Articles published
• Private equity valuation
• Building a discount rate for early stage companies
• Impairment of assets
• Accounting for business combination
• Size adjustment of market multiples
• Valuation of contingent consideration
• Real option valuation
• Valuation under the Insolvency and Bankruptcy code
• Valuation requirements for share based payments
• Fair valuation of inventory

Contribution to society
Apart from his professional interests, Rajesh is also a trustee of a family run educational society and sanctions educational aids to eligible school children.

impairment, PPA, derivatives, securities, debt, options