Insights
You will find here guidelines on how to make sense of the different aspects of doing business in Israel
The Going Concern Assumption
For a company undergoing an audit this can be confusing. The auditor often receives enquiries as to why the same requests are repeated. Surely the answer from the planning phase hasn’t changed three weeks later during completion?
Dealing with FX: Understanding Foreign Exchange and Its Accounting Impacts
Foreign Exchange (FX) has become a critical component of financial reporting for modern businesses. As companies increasingly engage in cross-border transactions, it is their responsibility to carefully account for the impact of fluctuating exchange rates on their financial statements. Whether they’re working with foreign suppliers, generating revenue from international customers, or managing subsidiaries abroad, accounting for FX accurately is now an essential part of global business operations.
Doing Business in Israel 2024
Israel has long been known for its resilient economy and dynamic commerce, notwithstanding the recent challenges stemming from the outbreak of hostilities in October 2023. Israel boasts a highly diversified economy, featuring substantial activities across various sectors including agriculture, industry, high tech, biotech, and finance, among others.
System Migration from an Audit Perspective
System migration can often be a complex and daunting experience for stakeholders involved in the process. This article explores the issue from an audit perspective.
Doing business in Israel 2023
Israel is a country that has long held a reputation for having a strong and vibrant economy. The country’s economy is extremely diversified, with significant economic activities taking place in the agricultural, industrial, high tech, biotech, and financial industries to name a few.
Employee stock based compensation and its impact on Israeli companies looking to expand globally
As Israeli hi-tech companies continue their global expansion, there is an increasing need for guidance for those companies who wish to grant stock options to their employees who are located around the world, commonly referred to as stock based compensation or “SBC”
Investing during COVID-19: Where are we now?
We spoke with Nicole Priel, VP at Ibex Investors, a US based investment firm located in Denver, New York and Israel about her background in VC’s, her insights and outlooks and where she believes the investment market is going in these complex times.
Planning for Financial Year End
Considerations for multi-nationals operating in Israel:
As financial year end for many companies approaches, it is worth revisiting some of the issues multinationals doing business in Israel should evaluate as part of their year-end planning. This is also an opportune time to do an overall check up on systems.
As financial year end for many companies approaches, it is worth revisiting some of the issues multinationals doing business in Israel should evaluate as part of their year-end planning. This is also an opportune time to do an overall check up on systems.
Challenges to HR and payroll functions operating in a global environment
Shifts in the modern economy, globalisation and technological advances have created new demands for multinational organisations.
Business Set-Up
Guiding multinationals through the complex process of setting up in Israel.
When setting up operations within the State of Israel, multinational companies face a number of issues, some of which are relevant to all of their cross-border activities, whilst others are unique to the Israeli context.
When setting up operations within the State of Israel, multinational companies face a number of issues, some of which are relevant to all of their cross-border activities, whilst others are unique to the Israeli context.