KNAV Unveils AI Platform Tara to Enhance Assurance, Tax, and Advisory Services
KNAV, a global accounting and advisory firm, announced the launch of KNAV Tara, an AI-powered platform designed to support its assurance, tax, and advisory teams. The platform integrates data, documents, and workflows into a single system, enabling teams to manage large volumes of work with improved consistency, speed, and visibility. KNAV emphasizes that while Tara automates certain tasks, all outputs require human review and formal sign-off, ensuring professional judgment and accountability remain central.
Platform Built on Microsoft Azure AI Foundry with Enterprise-Grade Security
KNAV Tara is built on enterprise-grade large language models accessed securely through Microsoft Azure AI Foundry. The platform operates within a controlled and private cloud environment designed for professional use. Client data remains within its respective jurisdiction, with no cross-border movement, ensuring alignment with regional requirements. The platform was developed internally by KNAV's Digital Transformation and AI teams.
Initial Phase Targets Audit Procedures
In its first phase, KNAV Tara is applied to selected audit procedures, including matching transactions with supporting documents, extracting key data from contracts, invoices, and statements, and preparing first drafts of accounting memos. These capabilities aim to reduce time spent on repetitive tasks, allowing teams to focus on review, analysis, and decision-making.
Phased Rollout Across Service Lines
KNAV has designed Tara as a comprehensive AI platform with a phased rollout approach. The platform will expand across audit and over time into tax, advisory, and internal processes. A KNAV AI Taskforce spokesperson stated, "What is live today is only the starting point. KNAV Tara will continue to expand across audit, and over time into tax, advisory, and internal processes. The goal is to create a consistent way of working across service lines."
Leadership Emphasizes Human Accountability
Nishta Sharma, CEO of KNAV Advisory Inc, said, "KNAV Tara brings the structure, speed, and consistency that AI can offer, while keeping judgment, review, and accountability with our people. It is not just about doing more work faster. It is about doing better work, with greater clarity." A KNAV AI Taskforce spokesperson added, "Our approach to AI is practical and grounded. We are using KNAV Tara to reduce manual effort and improve consistency, while keeping control and accountability with our teams. It is a support system that strengthens how work is delivered."
Governance and Compliance Embedded
The platform includes governance, controls, and compliance embedded throughout its lifecycle to support responsible and transparent use. The name Tara, meaning guiding star in Sanskrit, reflects its intent to help KNAV and its teams move through every engagement with control, clarity, and compliance.
