Adapt to Today's Fast Changing Business Environment With "Professional Services Firm of The Future" Program

MUMBAI, January 29, 2013 /PRNewswire/ --

- Program by Aquila Advisors LLC, USA and Vaibhav Manek, KAV & Co.

- Tailor-made for Professional Service Firms to Meet Future in Bold and Informed Manner

The constantly shifting tide of economics and accountancy is a tricky aspect for any organisation to pin down. In today's fast evolving business environment, the immediate need for a progressive professional service firm is to map out an agenda to provide sustained growth for the organisation. The requirement therefore is to have a facilitator who can explain, train and attune a firm towards higher efficiency and effectiveness.

According to the research of Aquila & Manek, while writing their book, CA Firm of the Future, in recent times a vast majority of entrepreneurs in mid-tier professional service firms get stuck with weak growth rates. Some of these firms are constantly looking for expansion opportunities in higher growth economies - which are hard to come by, unless the firm is in alignment.

Aquila Advisors LLC, USA, which specializes in practice management, succession planning, merger and acquisitions, in strategic partnership with KAV & Co., an advisory firm, have launched the "Professional Services Firm of the Future Program". The program focuses on addressing key challenges facing the professional service firms, in terms of growth, strategy, partner and people compensation and alignment, innovation, succession planning, mergers and acquisition, marketing the firm's brand and knowledge base, which plays a significant role in building up a strong foothold of the corporate goals. To stay growth-happy, one needs to keep up with the latest best management practices and stay equipped with precise tools and knowledge, guided by seasoned experts.

A recent study also found that only 15% workers know their organization's key goals. This also implies that firms who are serious about improving performance need a total review. They need to grow a brand for the firm and its practice areas. They need an accurate picture of how each individual looks at marketing, client relationships, brand building and marketing and its interplay.

To obtain a clear picture of the industry, the Professional Services Firm of the Future Program is tailor-made for firms that are keen to meet the future in a bold and informed manner. This Program is a head-start into creating and clarifying the vision, objectives and strategies of a professional services firm and its people and intends to maximise opportunity and enhance performance and profitability for firms that are geared to embrace tomorrow.

August Aquila, CEO, Aquila Global Advisors, LLC says, "Professional Service Firms across the world have chosen to adapt to the growth revolution by signing up for the Practice Management Program. For them, it means encouraging a culture of innovation, superior functioning, realistic expectations, sophisticated process management, and more."

Vaibhav Manek, Partner, KAV & Co. says, "Change thrives in an environment full of learning and development - a process that can amplify through mutual understanding and growth. Hence, networking and mergers are threads that will help create the fabric of transformation and will be critical in fuelling the way forward for Professional Service firms."

The Program Faculty:

Harvesting a World of Expertise: Program Faculty - Professional Service Firm of the Future: Practice Management Program will be led by:

August Aquila: CEO of Aquila Global Advisors, LLC which specializes in succession planning, mergers and acquisitions, compensation plans, strategic planning and partnership issues: In 2004, 2007 and, 2009 through 2012 selected as one of the "Top 100 Most Influential People" in the Accounting Profession by Accounting Today. His firm works with professional service firms throughout the United States, Canada and the United Kingdom and its CPA clients' firms range from more than $100 million in revenue to as small as $1 million. August frequently speaks at AICPA, State CPA Society and Accounting Firm Association conferences.

Vaibhav Manek: Partner of KAV & Co, Chartered Accountants, a member firm of KNAV - an international network of accounting & advisory firms, Vaibhav has been advising firms and businesses on business plans, business models, growth strategies, innovation & entrepreneurship, transfer pricing, and has presented papers and spoken at conferences in India, US & Europe. Vaibhav is a board advisor and board member in several entrepreneurial businesses and constantly seeks to help his clients create value.

About KAV & Co.

KNAV is the premiere Indian multi-national firm which leverages its international presence in United States and United Kingdom to cater to its clientele of Indian multinational companies in diverse industries like software, manufacturing and pharmaceutical. KNAV offers high-class quality solutions to its clients in three key areas:

1.    Assurance

2.    Tax

3.    Advisory

At KNAV, our professionals are qualified and have credentials from India, USA, Ireland and Canada.  We also offer the expertise in the field of valuations. Our professionals display a great sense of commitment to our clients.

KNAV's member firms include KNAV P.A. (US), KNAV (London), KAV & Co. (Mumbai), KNAV (Netherlands) and KNAV (France).

Primary Media Contact: Bhagyashri Bandekar, bhagyashribandekar@ariacommunications.in, 91-9167082414

Secondary Media Contact: Shweta Powar, shwetapowar@ariacommunications.in, 91-9820409554

SOURCE KAV & Co.