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
18 Accountancy Firms
RANK
Chaikin Cohen Rubin & Co. – CPA
Chaikin Cohen Rubin & Co. is a leading Is-
raeli accounting firm comprising 7 part-
ners and a professional staff of about 60
accountants, with a reputation for professional
excellence and expertise. The Firm, which was
established in 1982, provides its clients with a
comprehensive range of professional services,
including financial report audits, tax planning,
services to the high-tech sector, business risks
management including internal auditing, sup-
port in applying and installing internal enforce-
ment programs, information systems audits,
SOX and I-SOX consultancy and implementation
services, utilization of government incentives,
economic consulting, valuations, raising capital,
trusteeships and assistance to governmental
bodies, Chaikin Cohen Rubin & Co. serves as the
accountants auditing several public companies
which are listed in Israel and abroad. The Firm is
PCAOB-registered, and consequently is permit-
ted to serve as the external auditor of public
companies listed on US stock exchanges. The
firm also acts as internal auditor for many public
companies traded in Israel and abroad.
Professional Services
Financial Report Audits: The Firm provides ac-
counting services to a wide range of clients, from
start-ups to large international and domestic
corporations, government entities, cooperative
associations, kibbutzim and private and public
companies involved in such fields as high-tech
and communications, commerce, pharmaceu-
ticals, biotech, industry, construction, tourism
and financial services.
Tax Management: The Firm provides tax consul-
tancy in such areas as international tax planning,
corporate taxation, utilizing tax breaks through
the Investment Encouragement Laws, tax plan-
ning for mergers and acquisitions, obtaining
pre-rulings from the various tax authorities, con-
sultancy and opinions on transfer pricing, real
estate taxation, and personal tax planning.
Services to the High-Tech Sector: These services
include financial report audits, consulting and
guidance on complex transactions, obtain-
ing government incentives and R&D grants,
employee stock option plans, valuations and
business plans.
Internal Audits: Carried out under the Internal
Audit Law and the Companies Law assisting
the organization’s management in its aim of
assessing the risks to which the organization
is exposed and the extent to which it deals with
such risks. It can be reached by mapping the sig-
nificant exposures and evaluating the adequacy
of internal controls and the degree of supervision
and compliance with relevant laws and internal
procedures.
Chaikin Cohen Rubin & Co. serves as the internal
auditor of many publicly traded Companies in
Israel and in NASDAQ and private companies
including 7 companies traded on the Tel Aviv
100 Index, Hi-Tech, industrial, commercial and
real estate companies, projects and financial
institutions, as well as government entities
including the Finance Ministry, Bank of Israel,
Immigrant Absorption Ministry and more, and
large public organizations that engage in educa-
tion, healthcare and culture. The internal audits
are undertaken by the Firm’s accountants and
internal auditors, who are authorized by the US
Institute of Internal Auditors’ CIA (Certified In-
ternal Auditors).
Risk Management: Implementing overall risk
surveys in public and global companies by staff
including accountants, industrial engineers, and
IT managers and experts.
SOX and I-SOX Implementation Support: As part
of implementing legal requirements for compa-
nies listed on US stock exchange (SOX) and the
Tel Aviv Stock Exchange (I-SOX), the processes
that affect company’s financial reporting are
mapped and documented, and the degree of
internal control effectiveness against exposures
is evaluated for each sub-procedure.
Information Systems Audits: Audits of the or-
ganization’s information systems operations
and their reliability. Examination of information
security, systems maintenance and develop-
ment processes. The audits are undertaken
by accountants, engineers, and holders of the
Certified Information Systems Auditor (CISA)
certification.
Preventing Fraud and Forensic Audits: Surveys
aimed at exposing fraud and embezzlement
risks, providing recommendations for proce-
dures and means for the prevention of fraud and
embezzlement, conducting fraud investigations
and quantifying damage incurred.
Business Consulting
Government Incentives: Provision of assistance
to companies in the utilization of investment
benefits awarded under the “Approved Enter-
prise” status, and in obtaining R&D grants from
the Office of the Chief Scientist and from bi-na-
tional funds and European Union programs.
Economic Consulting: Consulting on economic
matters, such as pricing, financing, business
plans and valuations, including purchase
price allocation (PPA) to assets in mergers and
acquisitions.
Pre-acquisition Due Diligence: The Firm under-
takes due diligence and analyzes the financial
soundness of companies destined for acquisi-
tion, both for its own clients and for investment
houses and underwriters.
Assistance to Governmental Entities in Audits
and Other Services: The Firm assists government
ministries (the Ministries of Defense, Economy,
and Immigrant Absorption) in auditing the finan-
cial reports of companies applying for grants and
financing; assists in price audits of companies
that supply security equipment to the security
forces; and provides professional consultancy
in legislation procedures.
Trusteeships: The Firm provides consulting and
trustee services including: employees stock op-
tion plans, bond issues, and trusteeships for
mergers & acquisitions. The firm has experience
as a trustee in employee option plans accord-
ing to clause 102 for multinational companies
in cooperation with financial organizations
overseas.
Esta b l i s h e d
1982
L i n e o f B u s i ness
Financial Statements Audit, Tax services,
Internal Audit, IT Audit, Investigative Audit,
ISOX Implementation, Business Consulting,
Trusteeship
Kiryat Atidim, Building 4,
P.O.B. 58143, Tel Aviv 6158002
Tel: 972-3-6489858
Fax: 972-3-6489946
Moshe Cohen
Senior Partner
Ilan Chaikin
Senior Partner