Services and Fields of Expertise
The firm offers a range of professional services, including audit of financial statements, drafting of financial statements, tax consultancy, professional accompaniment for international corporations operating in Israel, financial accounting services and etcetera.
Accounting and audit of financial statements
The audit department provides auditing and review services for financial statements for a wide range of corporations, which include private companies, partnerships, public benefit companies and associations. The audit services are performed at a high quality professional level.
The audit team has broad and in-depth knowledge and considerable experience in the application of generally accepted accounting principles in Israel (Israeli GAAP) and the International Financial Reporting Standards (IFRS). Over the years, we have served as the auditors of corporations in a wide range of fields and business sectors (industrial, real estate, technology, investments, commercial, services and etcetera).
Drafting of financial statements
The financial statements drafting department provides comprehensive services for the preparation of annual and quarterly financial statements for private companies, public companies and entities executing initial flotations (IPO) in accordance with IFRS GAAP. The preparations services are performed at a stringently professional level and in accordance with the reporting requirements, which apply to the companies.
As part of the process of the drafting of the financial statements, consultancy and accompaniment services are provided for the implementation of the various accounting standards and legal provisions, including the disclosures and the manner of presentation, which are required in the financial statements. This is done in full cooperation with the companies’ auditors.
These financial statements preparation services are provided to corporations, in parallel to the work that is performed by their auditors, which is done in light of the Israel Securities Authority's decision to prohibit the auditing firms from taking part in the preparation of the audited companies' financial statements, which includes activity relating to the drafting of the financial statements.
The firm has a professional team that has broad knowledge and rich experience in drafting of financial statements.
Taxation
The tax department provides tax consultancy services for a range of business customers, companies, partnerships, individuals and families. The firm provides the tax services in accordance with the clients' needs, out of its familiarity with the laws and the regulations and applying the vast experience, expertise and know how that it possesses.
The wide-ranging tax services cover the taxation of companies in Israel, taxation of individuals, representation opposite the tax authorities, professional discussions with tax authorities, submission of tax reports for companies, shareholders and individuals, capital declarations and consultancy on matters relating to VAT and National Insurance.
The firm cooperates professional with leading boutique Israeli tax firms, which it does in order to provide comprehensive solutions for our clients' needs, including international taxation, splits and mergers, benefits and reports under the Law for the Encouragement of Capital Investments and etcetera.
Professional accompaniment for foreign and international corporations operating in Israel
The firm provides comprehensive professional services for foreign and international corporations operating in Israel, providing ongoing accompaniment on professional issues, for their operations in Israel and it is in continuous contact opposite their managements abroad. The professional services that the firm provides include:
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Representative services for the purposes of registration for VAT, opening files in institutions and representation opposite the tax authorities.
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Multi-currency bookkeeping.
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Monthly payroll preparation and reporting
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Audit or preparing the annual financial statements and tax reports.
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Taxation consultancy for the management and employees in the operations in Israel.
Bookkeeping and payroll
The firm's bookkeeping and payroll department handles a wide range of bookkeeping related issue, inter alia, the routine maintenance of accounting records for corporations, including foreign companies, processing of payroll, routine monthly reporting to institutions, production the reports that are required to be submitted to the tax authorities, production of management reports and etcetera.
Sectors in which the firm's clients operate
The firm's clients operate in a wide range of fields and business segments, which include industrial, real estate, technology, investments, commercial, services and additional fields and segments.