DUN'S 100 - 2016

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Business Services
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2016 | DUN’S 100 DUN’S 100 | 2016
DUN’S 100 | 2016 2016 | DUN’S 100
7 Accountancy Firms
RANK
Fahn Kanne & Co. Grant Thornton Israel
Fahn Kanne & Co. iis one of Israel’s leading
CPA firms, ranked among the sixth larg-
est firms in the country. The firm is large
from the standpoint of its ability to provide high
quality professional services in a wide variety of
disciplines, but it is not too sizeable so its able
to provide those services with a personal touch.
The firm consists of partners and managers with
rich experience in both the practical aspects of
the profession and in the academic world, and is
serviced by a staff of about 260 employees. The
service rendered to the clients of the firm is based
on an in-depth knowledge of the client’s business
and the environment in which they operate. The
firm accompanies publicly traded companies on
the Tel AvivStockExchange and foreign exchanges,
as well as multinationals, private companies, lo-
cal authorities, government ministries and not-
for-profit organizations. The firm handles IPOs of
companies on different stock exchanges and is
well-known and respected by underwriters, au-
thorities and institutional entities. Control services
activities are carried out by subsidiary, Fahn Kanne
Control Management Ltd. and consulting activities
are handled by another subsidiary, Fahn Kanne
Consulting Ltd. These firms constitute the Israeli
armof GrantThornton’s AdvisoryServices (AS). The
firm has branches in Haifa and Jerusalem which
handle accounting services rendered to a broad
variety of companies and organizations operating
in those areas.
International Presence
Fahn Kanne&Co. GrantThornton Israel is amember
firmwithin GrantThornton. GrantThornton is one of
the world’s leading organizations of independent
assurance, tax and advisory firms. These firms help
dynamic organizations unlock their potential for
growth by providing meaningful, forward looking
advice. Proactive teams, use insights, experience
and instinct to understand complex issues for
privately owned, publicly listed and public sector
clients and help them to find solutions. More than
40,000 Grant Thornton people, across over 130
countries, are focused on making a difference to
clients, colleagues and the communities in which
we live and work.
Professional Services
Auditing and Accounting – Financial statements
are an important management tool that contributes
to the analytical capabilities of a company and
its ability to properly evaluate the performance of
the organization. The firm operates under this ap-
proach and incorporates international capabilities,
a broad business vision and high partner involve-
ment in handling the audit of its clients. The de-
partment is staffed by experts having professional
know-how and expertise that allow them to render
services in accordance with Israeli accounting stan-
dards, International Financial Reporting Standards
(IFRS) and US GAAP.
Business Risk, Forensic and Investigation Ser-
vices – Fahn Kanne Control Management Ltd. is
considered the leading provider of these services
in Israel. The firm has a staff of about 55 profes-
sionals, and has developed a variety of services,
as follows: Internal auditing that incorporates
expertise in hi-tech companies, real estate and
companies operating abroad; control services
including Sarbanes – Oxley implementations;
risk assessments; computerized payroll control;
services in the field of information systems, includ-
ing information security, Data leakage prevention,
DRP, project management, system development,
etc.; investigative forensic auditing which includes
investigative accounting, preventative investiga-
tive accounting, which includesmapping the risks
of fraud and embezzlement.
Economic and Business ConsultingServices –Fahn
Kanne Consulting Ltd. deals with business and
economic consulting services, including valua-
tions, fair value estimations for financial reporting
purposes, transaction advisory services, mergers
& acquisitions, legal opinions for use in litigation,
business riskmanagement, the government sector,
infrastructures, project financing, and recovery and
rehabilitation of companies. The firmalso special-
izes in finance, banking and insurance and has
special expertise in the debt market and in compil-
ing and operating models for use in valuations of
financial instruments.
Tax and International Taxation Department – Pro-
vides comprehensive tax consulting services in all
areas of taxation to a long list of clients and it has
vast experience in handling complex tax issues
and in accompanying transactions and investment
activity in Israel and abroad.
Technology and Life Sciences Department – Spe-
cializes in supporting companies (including start-
ups) in technology, biotechnology, biomedicine,
cleantech, Internet, information systems, etc.
Incentives Department – Provides support and
consulting for raising andmanaging domestic and
international R&D grants, international tender bids
and more.
Not for Profit Department – Provides professional
support tailored to the complex challenges facing
nonprofit organizations.
Trust, Management and Supervision Depart-
ment– Services include support and supervision
of monetary transfers and allocations, trustee and
supervision services andmanagement of employ-
ee stock option plans.
Halevi Duek – Halevi Duek of the Fahn Kanne &
Co. – Grant Thornton Israel group is a veteran Je-
rusalem-based consulting firm with experience in
the area of tenders and with know-how regarding
accompaniment of projects dealing with conver-
sion to natural gas.
Diamond Department - Reshef Bezalel, Amir & Co.
(Reshef), hasmerged with Fahn Kanne & Co. Grant
Thornton Israel. Reshef is an accounting firm, spe-
cializing in the diamond industry and handling a
significant part of that industry.
Some of our clients include: Mayer’s Car and Trucks
Ltd. (importers ofVolvo andHonda), Ituran Location
and Control Ltd., Meshulam Levinstein Contracting
and Engineering Ltd, ORT Israel, PhotoMedex Inc.,
Postal Bank, Israel Ministry of Environmental Pro-
tection, Haifa port, The Coca Cola company, Tel
Aviv Stock Exchange., Kardan, Gazit Globe, The
Government Companies Authority, Israel Airports
Authority, Administrator General And Official Re-
ceiver, Bezeq, Bank Hapoalim and others.
Esta b l i s h e d
1955
L i n e o f b u s i n ess
Accounting, Taxation, Internal
& Investigative Auditing,
Advisory Services
Head Office
Fahn Kanne House
32 Hamasger St., Tel Aviv 6721118
P.O.B. 36172 Tel Aviv 6136101
Tel: 972-3-7106666 Fax: 972-3-7106660
Izhar Kanne
Co-Managing Partner
Joseph Ginossar
CEO Fahn Kanne Control
Management Ltd.
Shlomi Bartov
CEO Fahn Kanne
Consulting Ltd.
Mickey Blumenthal
Co-Managing Partner