Audit approach
We follow International Standards on Auditing (ISA) with a risk-based approach — focused testing on material items, meaningful analytics and clear management letter comments that add value beyond the opinion itself.
Audit & Assurance
Statutory audits, IFRS reporting and due diligence
Every Israeli company is required to file audited annual financial statements. We deliver rigorous, risk-based audits that satisfy the Registrar, the Tax Authority, banks and investors — while giving management genuinely useful insights.
- Statutory annual audits (Israeli GAAP)
- IFRS reporting for regulated entities
- Internal control and process reviews
- Buy-side & sell-side M&A due diligence
- Quality of Earnings and EBITDA normalization
- Non-profit (amuta) special audits and Form 5471
IFRS conversion
For subsidiaries of foreign parents that report in IFRS or US GAAP, we prepare conversion packs, group reporting schedules and coordinate with the group auditor on interim and year-end deliverables.
Due diligence
M&A DD engagements: data room, historical financial analysis, quality of earnings, working capital normalization, tax exposure review and closing mechanism support.
FAQ
+Do you audit under IFRS and US GAAP?
Yes. Our engagements cover Israeli GAAP, IFRS and — via our international correspondents — US GAAP conversions for parent-company consolidation.
+How long does a statutory audit take?
For a typical small-medium company, 4–8 weeks depending on preparedness of the books. We provide a preparation checklist to shorten the timeline significantly.
+Can you support due diligence for M&A / fundraising?
Yes — we run buy-side or sell-side DD, prepare data rooms, quality-of-earnings analyses and normalized EBITDA schedules.
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More services from Nimrodi & Co.
All areas of expertise of our boutique CPA firm in Herzliya Pituach.
- Fractional CFOBurn · Runway · Board · VC prep
- BookkeepingCloud accounting · Monthly close · MIS
- PayrollSection 102 (ESOP), Form 106 (Annual Tax Statement)
- Tax AdvisoryPlanning, Pre-Ruling, appeals
- Startups & TechFundraising, ESOP, Flip
- Freelancers & Self-EmployedSetup, filings, Capital Declaration (Asset & Net Worth Report)
- Foreign Companies in IsraelSubsidiary, branch, Transfer Pricing
- Businesses in HerzliyaBoutique firm in Herzliya Pituach
- Relocation & Returning ResidentsResidency, olim benefits, treaties