Accounting and Audit

We believe our field requires in-depth understanding of the business-commercial world in order to provide our clients with real value – the kind that is felt at both professional and personal levels.  We provide the firm’s clients with on–going professional support, including in-depth involvement in leading processes and initiatives – Based on business continuity as a going concern in a competitive and challenging environment.

Our professional experience includes:

• specialization in auditing small and medium businesses (SMB)
• support complex processes from a variety of business aspects that are part of the business culture in Israel
• handling Israeli companies held by international corporations and Israeli branches of foreign companies,
• Advice and support in business crises and critical processes in non-public companies in Israel
• managing crises and critical processes in non-public companies in Israel by Maintaining close business relationships with the leading credit players (including non–bank), regulators–and tax authorities in Israel.

Ongoing services – a wide range of services individually tailored to each customer including:

• bookkeeping services (can also include issuance of internal documentation) in accordance with the law & regulations (including multicurrency accounts) and under ongoing supervision
• Internal documentation (charge notices, invoices, and receipts) using software authorized by the Israel Tax Authority with web interfaces (including in English) in accordance with the customer’s requirements.
• Salary processes and consultation on labor laws:

Salary processing – While interfacing with systems that collect data on employee attendance, ensuring that the provisions of labor laws are fulfilled (including consulting during the employee absorption and departure process (beginning and end of employer-employee relations), interfacing with operations people for ongoing reporting of wage peripheral payments (including periodic and annual reports to the tax authorities).

Consulting on labor law including calculation and preparation of professional opinions as part of legal proceedings.

Accounting is the language of business

• Cash flow management:

Ongoing cashflow management is intended to predict anomalous situations and the timing of cash flow deficits.  We have many years of experience in managing and supervising businesses’ cash flow and providing ongoing consulting and assistance in formulating solutions to expected anomalies in cash flow.  We act in close co-operation with credit providers and the company’s owners and managers. We understand the importance and value of stringent and precise management of cash flow for the company’s stability and management’s focus on promoting its business goals.

Cash flow wins profitability!

• Profitability reports and internal management statements:

Our guidance in this area includes constant measurement through internal management reports, holding frequent brainstorming and report analysis meetings, tax planning and analysis of the effects of regulation on the company’s continued business operations.  This routine enables us to provide our customers with ongoing control and updates alongside stable planning and management capabilities as opposed to firefighting management.

Periodic and annual services

• Audits of company’s financial statements
• Preparation of annual income statements for the self-employed, company manager and owners of real estate in Israel for non-Israeli residents
• Preparation of capital declarations
• annual deduction reports for income tax, annual and semi-annual reports to the National Insurance Institute; online reports to provident funds.