Lion, Orlitzky & Co. is one of Israel's leading public accountancy and business consulting firms. The Firm has 12 partners and about 177 employees, and in addition to auditing services, provides business support and consulting services, local and international tax planning and risk management, while specializing in investment grants, receiverships and liquidations, incentives and government support.
Line of Business
Public accountancy, business consulting, taxation, risk management and receiverships & liquidations
The Firm counts among its clients public and private companies, foreign investors, industrial plants, local authorities, government offices, non-profit organizations and kibbutzim. Personal, professional and quality service is one of the distinctive features of the Firm.
The Firm is a member of the Moore Stephens International partnership, enabling it to provide its clients with international coverage.
Lion, Orlitzky & Co. has witnessed continuous growth since its foundation in 1991 by four partners. In 2001 the Firm joined forces with Levin, Dov, Orlitzky & Co. and in January 2007, the Firm merged with the veteran Jerusalem office of Haggai Wallenstein & Co., thereby opening a Jerusalem branch. Mr. David Goldberg joined the Firm as a partner. He is the Vice President of the Institute of Certified Public Accountants in Israel and a chairman of Tel Aviv district of the ICPAI.
In 1997 the Firm became a member of the Moore Stephens International partnership, one of the world's leading public accountancy and consulting firms specializing in finance, banking and insurance. Moore Stephens International has 21,000 employees, 366 independent representatives and 647 offices in 98 countries. Moore Stephens International provides the highest quality global services to its clients beyond their home bases, based on one hundred years of experience.
Accounting and auditing
The Firm serves as auditor of corporations (public companies traded on the stock exchange and private companies) and other entities such as local authorities, statutory corporations, political parties, non-profit organizations, international companies, etc. The Firm implements American Accounting and Auditing standards together with the experts of Moore Stephens International.
The Firm is involved in local and international tax planning, legal advice in Israel and abroad and represents its clients in arrangements, assessments and pre-rulings before tax authorities. Firm members are active on tax committees of the Institute of Certified Public Accountants in Israel.
Internal audit & Risk management
The department provides risk management services to private and public companies. Services include risk surveys, prevention of fraud and embezzlement and audits of information systems. The Firm's partners serve as internal auditors of many public companies.
The Firm aids in preparing business plans, fund raising campaigns and management of financial systems. It also provides accounting advice for the set up of computerized information systems and due diligence reviews for public and private investors. The Firm's partners have a broad experience in advising on valuations, feasibility studies, privatizations and initiatives for municipal and national government companies. Ancillary services include representation and accompaniment of investors facing private and public bodies, examining salary incentives and preparing senior personnel salaries.
Investment grants – the Firm provides representation and advice for investors in the steps required to receive "Approved Enterprise" status.
Receiverships and liquidation – the Firm's partners serve as receivers, liquidators and special managers. The Firm also advises other professionals in the field.
Incentives and government grants – the Firm provides advice vis-?-vis various incentive laws, undertakes audits for companies involved in industrial research and development, together with the Office of the Chief Scientist, including follow-up on details and adoption of directives issued by the Chief Scientist.
Consultation and accompaniment on the establishment and implementation of information systems – the department is involved in all aspects of establishing and accompanying information systems and ERP systems, which support the organization's financial/business information.
Local Authorities – as representative of the Ministry of the Interior, the Firm audits financial statements of local authorities, serves as advisor for organizing and managing their financial systems and as advisor for the privatization of local and national government entities.
Activities For the community
The Firm's partners and employees are active as volunteers and managers in various non-profit organizations such as "Masaa Israeli", "A Different Lesson", "Givatayim Theatre", "Catef el Catef", "Intelligence and Terrorism Information Center", "Modi'in 10" and "Ilanot Hessed". The Firm also supports the families of fallen and injured soldiers and provides help to other charitable foundations.
The firm adopted the "Rotem" military battalion of the Giv'ati brigade. as part of the "Ametz Lochem" project.
ADDRESS Main Branch: 1 Ben-Gurion Rd., Bnei Brak 51201 TEL 972-3-6155155 FAX 972-3-6155150 E-MAIL firstname.lastname@example.org WEBSITE www.lionorl.co.il
ADDRESS Jerusalem Branch: 216 Yafo St., Shaarei Hair Building, Jerusalem 94883 TEL 972-2-6400600 FAX 972-2-5000140