-
Financial statement auditing
A Company’s financial statements constitute an important management tool that contributes to the ability to analyze and evaluate the organization's performance, both in the operational field and in the financial field.
-
Financial statement preparation
The independence principle has to be upheld. Companies have to get used to the fact that regulatory requirements prohibit their auditors from assisting them in preparing their financial statements.
-
Additional services as part of the audit process
Assistance and consulting on solving accounting problems
-
Internal audit
Fahn Kanne Control Management Ltd. Grant Thornton Israel renders internal auditing and control services to a broad range of entities. During the course of an internal audit, we utilize the services of experts from other departments, based on the nature and the needs of the audit: Information systems audit department, forensic accounting department, payroll control department, financial control department, etc. Contact us: info@il.gt.com
-
Sarbanes Oxley Implementation
Fahn Kanne Control Management will assist you in preparing the company for the requirements of article 404 of the Sarbanes Oxley Act (SOX). Our firm has extensive experience in implementing SOX at dozens of companies, using the methodology of Grant Thornton International.
-
Auditing the quality of the internal audit (QAR)
Yossi Ginossar, CEO of Fahn Kanne Control Management Ltd. Grant Thornton Israel possesses the required certification to conduct assessments of the quality control of internal audit framework (QAR). A number of entities in Israel have adopted standards 1300 and 1321 of the International Association of Internal Auditors (IIA) that stipulates that firms must have a third-party consultant perform an assessment of the quality control of their internal audit framework (QAR). Contact Yossi: yossi.ginossar@il.gt.com
-
Risk Management
Our team has extensive experience in evaluation and management of risks and controls. We are assisted by one of the world's most advanced international methodologies, in order to properly evaluate the business processes.
-
Forensic services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
-
Fraud and embezzlement prevention
What is a multi-year plan for the prevention of embezzlements? It is much more economical to take appropriate measures to prevent embezzlements from being perpetrated. The multi-year plan serves as a tool that assists the organization in contending with frauds and embezzlements risk. Shay Medina, CPA, Partner at Fahn Kanne Control Management Ltd. Grant Thornton Israel and Head of Investigative Accounting Department specializes in conducting these plans. Contact Shay: Shay.Medina@il.gt.com
-
Information systems auditing
The threats against the organizational information systems are many and varied. therefore, protecting and securing them is of paramount importance. Fahn Kanne Control Management Grant Thornton Israel has the know-how and experience in the fields of auditing together with information systems and therefore provides Information systems auditing.
-
Service Organization Control Report (SOC 1 2 3)
Fahn Kanne Control Management Ltd. Grant Thornton Israel possess the know-how that is needed to provide examination of the fairness of controls - we render SOC services, including: A SOC-1 report based in standards ISAE 3402 / SSAE 16 (formerly SAS 70) and Checking the preparations and preparedness for compliance with the requirements of the standard. Contact us: yisrael.gewirtz@il.gt.com
-
BlockChain & Cryptocurrency
Blockchain, the technology behind digital currency in Bitcoin, has been unleashed. Given the interest in blockchain beyond financial services in the service, transportation, business and government sectors - it is gaining momentum.
-
Privacy Protection GDPR
Privacy Protection GDPR
-
Payroll control
The control reports that we at Fahn Kanne Control Management Ltd. Grant Thornton Israel design for our clients include deviance reports: checking the payment of the same salary component twice, payment of salary components that contradict one another, payment of salaries to fictitious employees, granting salary raises at unreasonable intervals, payment of a salary component in an amount that is unreasonable, etc. Contact us: Roei.Simhy@il.gt.com
-
Business consulting
Many companies face significant business decisions which may have an impact on their future.
-
Dispute advisory
Dispute advisory
-
Due Diligence
Fahn Kanne's advisory team provides robust due diligence services that are linked to our clients’ requirements.
-
Innovation and Incentives support
The Incentives department offers a full range of consulting services. From fund raising and management of local and international R&D funds, submission to international tenders and more.
-
Valuations
Are you involved in a transaction, dispute or re-structuring your business? The value of your business and its assets will be a critical commercial consideration. Is litigation a possibility? A professional valuation is often the key to securing a fair settlement. Expert opinions are an inherent part of our offering.
-
International services
International services
-
Data analytics
With the ever-increasing reliance on information technologies at many organizations, the risk levels related to these technologies and to the processes supported by them continue to grow. The dedicated information systems consultancy department at Fahn Kanne Grant Thornton Israel, specializes in various IT issues: IT Advisory, Data analysis, Service bureaus. Contact us: amiel.attias@il.gt.com
-
Liquidations receiverships and special management
Liquidations receiverships and special management
-
People advisory
People advisory
-
Recovery and reorganization
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
-
Strategy
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
-
Transactional advisory services
Our dedicated business consulting team consists of experienced professions with expertise in the area of mergers & acquisitions.
-
Financial sevices
We, at Fahn Kanne Consulting Ltd. Grant Thornton Israel provide a unique and strategic viewpoint on current banking issues. Our srvices include: Accompanying debt arrangements with banks, Valuations for banks and credit portfolios, Validation of models of structured products for banks and more. Visit our website to learn more about our services.
-
Litigation support
Litigation support
-
Corporate finance
Many companies face significant business decisions which may have an impact on their future.
-
Debt advisory
All-time low interest rates across Europe and the USA have resulted in investors looking to find new ways to generate a return on their cash.
-
Financial modelling
Models are at the heart of all business decisions. Whether you're looking to raise finance, buy or sell a business, assess strategic options, or just plan for the future, you're going to need a forecast. This is likely to come from a financial model.
-
Operational deal services
The due diligence checks the accounting records, liabilities to employees, non-bank guarantees, the existence of hidden commitments, and the existence of surplus assets that the prior owners are attempting to remove from the company. Examining these parameters helps to reduce the risk to the investor in acquiring a company. Contact us: Mickey.Blumenthal@il.gt.com
-
Restructuring
The due diligence checks the accounting records, liabilities to employees, non-bank guarantees, the existence of hidden commitments, and the existence of surplus assets that the prior owners are attempting to remove from the company. Examining these parameters helps to reduce the risk to the investor in acquiring a company. Contact us: Mickey.Blumenthal@il.gt.com
-
Transaction services
Fahn Kanne's professional staff will assist you through all phases of the transaction to achieve the most optimal results, and to execute transactions for the long-term.
-
Valuations
Fahn Kanne's valuation team has extensive knowledge, international reach and technical expertise to help organizations measure value and make better, more informed decisions.
-
International taxation
The world is a global village, with companies operating concurrently in different countries and contending with wide range of international tax issues. You need to advise with international tax experts! The International tax department of Fahn Kanne Grant Thornton Israel provides Professional services: Planning tax structures, accompaniment of investment transactions and activities, foreign VAT, transfer pricing, relocation issues, etc. Contact us: Shay.Moyal@il.gt.com
-
International taxation
The world is a global village, with companies operating concurrently in different countries and contending with wide range of international tax issues. You need to advise with international tax experts! The International tax department of Fahn Kanne Grant Thornton Israel provides Professional services: Planning tax structures, accompaniment of investment transactions and activities, foreign VAT, transfer pricing, relocation issues, etc. Contact us: Shay.Moyal@il.gt.com
-
Transfer pricing
The transfer pricing department at Fahn Kanne recognizes the need to meet the regulatory requirements concerning transfer pricing, while preserving efficiency versus cost and reducing possible tax exposure. Our firm provides an overall solution that is tailored to the needs of the client, the goals of the organization and the nature of the transaction.
-
Trust Taxation
Trust Taxation
-
Indirect international tax
Fahn Kanne's Tax Department has expertise in the field of indirect taxation, including accompaniment, handling and consulting on a range of issues in the field of indirect taxation, including Value Added Tax, excise tax and customs. These issues may have a significant impact on the results of operations of many companies.
-
U.S. taxation
The members of Fahn Kanne’s U.S. taxation team provide services regarding compliance and consulting on a large number of complex transactions at the local, national and international levels. Our client base includes large corporations, international businesses, family businesses, local businessmen and others. We provide tailored assistance with a high level of partner involvement.
-
Capital investment incentives
Encouraging capital investment
-
Individual taxation
Individual taxation
Our services
Our office combines global knowledge with local experience in order to provide complete solutions in audit accounting, taxes and strategic consulting.
We recognize the need to manage expenses and maximize tax refunds, especially when the market is under pressure.
We help Businesses with audit issues and taxation issues on all levels and in order for us to assist them in raising capital, conducting due diligence proper inspections, auditing and rebuilding the business activity in the transition from Israeli standards to international standards.
Accounting
Financial statements prepared according to Israeli GAAP and international standards (IFRS)
- Accompanying private placements
- Accompanying public offerings in Israel and abroad
- Accompanying in the conversion of financial reporting from Israeli standards to international standards while taking into account and deeply understanding the special reporting needs of the real estate and
Taxes and international taxation
- The structure of the company of various future events (Capital Gains, Dividends, Investor Income, Issuance, Ipo etc.)
- Checking taxation aspects in transactions and special operations
- Ongoing consulting and tax planning in Israel and abroad (accompanied by the tax experts in the offices that are members of the Grant Thornton network)
- Taking care of Form 50 approvals and relevant approvals for the real estate industry in Israel
- Utilization of benefits and incentive laws
- Taxation support in the options program
- Transfer prices
Raising capital and financing the activity
- Preparation of business and marketing plan
- Accompanying the process for selecting potential investors
- Accompanying the company in submitting relevant tenders and approvals
Business - financial consulting
- Ongoing business - financial advice
- Advice to the financial management department
- Adequate testing
- Feasibility tests and valuations
- Mergers, acquisitions and investments
- Expansion of activity in Israel and/or abroad
- Employee benefit plans (shares, options)
Obtaining incentives (conditional on compliance with the incentive conditions)
- Analysis of the client's core capabilities, needs and strategic map
- Planning a portfolio of potential grants for the project
- Defining the project goals ("project vision")
- Carrying out a feasibility study to assess the chances of success
- Recruiting strategic partners
- Planning a general work plan
- Preparation of a detailed budget and administrative data
- Managing and carrying out the process of writing the proposal for the grant request (including support from finance people, technology and competitive strategy)
- Preparation for the professional examination
- Project support: partnership management, innovation support activities, approval of quarterly reports, preparation of reporting reports and more
Experience and customers
Our office has many years of experience working with public and private construction and real estate companies in Israel and abroad and a deep understanding of the unique needs of this industry, while deeply recognizing the nature of the company and the individual client. Among our clients in the public sector are Meshulam Levinstein, Durban, Hanan Mor Group and Liberty Properties. Among our clients in the private sector are Meir Real Estate, America Israel Investments, Euro-Sat Investments, Ella R. Properties, Ephraim Rogovin, Boni Benin Group, German Retail Target, Afgad Construction Company, and Haya Properties K.S.R.
The real estate newsletter
Real Estate Newsletter - July 2022, click here to read.
Real Estate Newsletter - April 2022, click here to read.
Real Estate Newsletter - September 2021, click here to read.
Doing business in Cyprus - Exclusive conference | 14.9.22
An exclusive and interesting conference on investments in Cyprus led by Yigal Biton, partner and head of the real estate sector at our firm. The conference dealt with various investment avenues as well as taxation issues relevant to Israeli companies and investors.
Presentations from the conference:
Opening remarks - Igal Bitton, Partner GT Israel - download PDF format [ 1085 kb ] [ 1085 kb
Property Market in Cyprus: Types of investments offered to international investors Brian JC Osborne Senior Advisor UHNW Families, Leptos Group download PDF format [ 9658 kb ] [ 9658 kb ]
How the global tax environment affects Cyprus and the available tax incentives - George Karavis Tax partner GT Cyprus - download PDF format [ 510 kb ] [ 510 kb ]
Tax challenges for Israelis investing in Cyprus - Yigal Rofhe, Tax partner GT Israel - download PDF format [ 718 kb ] [ 718 kb ]
VAT issues in Cyprus relating to investment in real estate - Kyriakos Fili, VAT partner GT Cyprus - download PDF format [ 465 kb ] [ 465 kb ]
The real estate market is heating up - tax aspects, critical controls and insights from the field - 15.7.21
YouTube video
The real estate market today - challenges in pricing and financing transactions
Real estate disputes in the Corona era
Fahn Kanne in collaboration with Minister M. Piron and Co. participated in a unique webinar in the field of real estate, which dealt with topics of interest: disputes between involvement in real estate transactions, contractual litigation, settlements of real estate disputes, entrepreneurship in the era of the Corona virus, and more. in pricing and financing transactions.