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 permitted 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.
Financial Report Audits: The Firm provides accounting services to a wide range of clients, from start-ups to large international and domestic corporations, government entities, cooperative associations, kibbutzim, private and public companies involved in such fields as high-tech and communications, commerce, pharmaceuticals, biotech, industry, construction, tourism and financial services.
Tax Management: The Firm provides tax consultancy in such areas as international tax planning, corporate taxation, utilizing tax breaks through the Investment Encouragement Laws, tax planning for mergers and acquisitions, obtaining pre-rulings from the various tax authorities, consultancy 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, obtaining 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 achieving its goals, improve operational efficiency, reduce exposure to fraud and embezzlements and assess the level of compliance and supervision to relevant laws and regulations.
Chaikin Cohen Rubin & Co. serve as the internal auditor of many publicly traded Companies in Israel and in NASDAQ and private companies, in the fields of high-Tech, industrial, commercial and real estate, tourism and finance, as well as government entities including the Finance Ministry, Bank of Israel, Immigrant Absorption Ministry and more, and large public organizations that engage in education, 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 Internal 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 companies 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 organization’s information systems operations and their reliability. Examination of information security, systems maintenance and development 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 procedures and means for the prevention of fraud and embezzlement, conducting fraud investigations and quantifying damage incurred.
Government Incentives: Provision of assistance to companies in the utilization of investment benefits awarded under the “Approved Enterprise” status, and in obtaining R&D grants from the Office of the Chief Scientist and from bi-national 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 undertakes due diligence and analyzes the financial soundness of companies destined for acquisition, 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 financial 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 option plans, bond issues and trusteeships for mergers & acquisitions. The firm has experience as a trustee in employee option plans according to clause 102 for multinational companies in cooperation with financial organizations overseas.
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From the resurgence of cybersecurity to deals seeking to bring cannabis firms to stock exchanges, here are the trends that shaped Israeli M&A in 2018