Audit of financial reports
We perform the audit of financial statement in according with high level complied with International Standard of Auditing. We perform the full range of audit procedures in Israel, Eastern Europe as well CIS countries. Our experts have rich experience of audit performing for Israeli State Authorities, public companies, international holding and financial institutions. Our knowledge provides opportunity to translate differed kinds of financial reports to high level financial statements prepared in accordance with international standards, including GAAP and IFRS, even for companies doing business in places when International Accounting Standards not yet applied. Well performed financial statements allows to our client get investment and finance from international investment funds and banks.
Governance, Risk and Compliance (GRC) as an integrated concept that gained great interest recently among researchers in the Information Systems field. The need for more effective and efficient business processes in the area of financial controls drives enterprises to successfully implement GRC systems as an overall goal when they are striving for enterprise value of their integrated systems. The GRC implementation process is a significant parameter influencing the success of operational performance and financial governance and supports the practices for competitive advantage within the organizations.
We have a rich experience in analysis governance risk and compliance. Our firm provides reports prepared with accordance to regulation rules include EMIR, AML, MAR and MiFID/ MiFIR. Our reports are purposed to discover, evaluate and mitigate a potential risk of observed organization, especially, financial activity risks.
We help to our customer to aware the rules of international tax reporting rules as FATCA and CRS and explain the potential related risks
As well, our firm watching for newest and economic efficient solution in Cyber RegTech and Fintech fields and recommend our customers a most optimal solution for its businesses and IS structure.
Financial Crime Risk Management include financial examinations intended to audit an organization with a view to commitment of financial crime or offence (embezzlement, fraud, deception, etc) performed by workers, managers or owners against other entity or a state. As a rule, such examinations are carried out in case of vague apprehension of offence or following results of a crime in order to prove it and to estimate damage caused. It may happen that an organization would aware fraud in his own business, but owing to lack or enough evidence he is not able to advocate his position in trial. Expert opinion of FCRM expert could help to organization to prove fraud committed in his business and to indemnify money stolen. Many entrepreneurs carry out periodic preventive examinations to reveal weak points in their business permitting violators cause obvious damage to the businessman. As a rule, expenditures caused by such examinations are paid off over and above and help businessmen avoid financial risks.