Our CPA office in Israel provides its clients with financial statement preparation and review services, as well as company audits.

The obligation of companies to appoint an auditor and prepare audited financial statements arises from the Companies Law. Companies with low turnover (less than NIS 615,408 in 2021) may exempt themselves from appointing an auditor. However, the Income Tax Ordinance requires companies to submit audited accounts to the tax office. For this purpose, all companies conducting financial and business activities in Israel are required to appoint an auditor, preferably through a qualified CPA in Israel.

The primary purpose of the audit is, of course, the preparation of financial statements that wholly and adequately reflect the results of economic activity and the financial condition of the company’s business for the period. In addition to its primary purpose, the audit identifies deficiencies in accounting, recommends measures to reduce tax debts and enables tax planning for subsequent periods of activity. A professional CPA in Israel can help optimize tax strategies and improve financial efficiency.

The final product of the office’s audit activity is a complete financial report with a signed opinion of an accountant-auditor. This report is submitted by the CPA office in Israel to the tax inspectorate at the client’s place of registration, to the registrar of companies and other state authorities (as instructed by the client).

Our CPA in Israel ensures that the audit is carried out efficiently and in accordance with the schedule agreed with the client. It is important to note that the schedule is drawn up in such a way that the report is provided promptly to all stakeholders: tax authorities, investors and creditors.

The report is audited and edited using special software that enables accountants, CPAs in Israel, and owners of client companies to work in an understandable and acceptable mode. Upon completion of the audit, the working documentation of all audits performed, supporting documents, and audit evidence remain in the company’s possession.

At the client’s request, the financial statements are provided in Hebrew and English, as well as in accordance with Israeli accounting standards or one of the world’s leading standards, IFRS or GAAP, USA.

In addition, our office specializes in providing professional CPA services in Israel for international companies, startups, non-profits, and private businesses operating in various sectors. Our comprehensive financial reporting and auditing solutions are tailored to meet the unique requirements of local and global clients alike.

As a trusted CPA in Israel, we are committed to delivering accurate, transparent, and timely financial reports that support business decisions, improve financial management, and ensure full compliance with Israeli tax regulations and international reporting standards.

Whether you are a new business, established corporation, or non-profit organization, our CPA office in Israel is here to provide you with professional, reliable, and efficient auditing and financial reporting services.

Contact us today for expert CPA services in Israel, including financial statement preparation, company audits, tax advisory, and ongoing financial management support.