Accounting and auditing

In recent years, accounting in Israel and abroad is coping with rapid and significant changes and developments. These include a revision of the Israeli accounting standards, and implementation of the international (IFRS) and American (US GAAP) standards. These changes, together with greater responsibility on the part of senior functionaries in companies and organizations, have transformed the role of the auditing accountant into a veritable business advisor, whose job is to "translate" the accounting world for his clients, to minimize exposure to commercial risks, and to assist the client in improving its performance.
Our teams will assist you in understanding, implementing and improving all these through practical and straightforward service, and most importantly – quickly and efficiently.
Our firm specializes in Israeli, international (IFRS) and American (US GAAP) accounting and auditing guidelines, and services clients of all forms of legal definition – private and public companies, non-profit organizations, partnerships, government ministries and hospitals, municipal authorities, individuals, etc.
Our team provides consultation and guidance for clients from all sectors of the market (including industry, trade and services, hi-tech and biotech, tourism and hospitality, construction, liberal professions, real estate, NGOs and associations, venture capital firms, international companies, partnerships, utilities, and transportation).
Our Methodology
Barzily & Co.’s auditing and accounting services are carried out with an emphasis of providing clients with added value, and accounting and auditing solutions which meet the scope and nature of the client’s challenges.
Our firm’s service philosophy is that one must look not only to the past, as common in traditional auditing processes, but to also analyze and understand the processes occurring in real time and the way in which they can support the client’s strategy in the long term.
Auditing and accounting consultancy are carried out after identifying the challenges facing the client, as well as its goals.
The firm is PCAOB-certified, and it serves as accountant for public companies which are traded on the New York Stock Exchange.
Areas of activity:
- Financial statements auditing and review
- Financial statements preparation, including as per the Israel Securities Authority guidelines
- Auditing of performance and other reports for financing and/or supervising parties
- Accounting-related consultancy
- Due diligence
- Business consultancy and guidance
- Prospectus preparation and accompanying IPOs in Israel and abroad
- Preparation of accounting expert opinions
- Special audits
- Expert opinion affidavit
- Consultancy regarding Sarbanes Oxley conformity for companies