Zitnitski Weinstein & Co.
Certified Public Accountants
Audit | Tax | Advisory
Who We Are
Zitnitski Weinstein & Co. is among the outstanding and senior accounting firms in Israel, is rated among the leading medium-sized firms in the country. The firm was established in 1947 by Israel’s comptroller, the late Mr. Siegfried Moses, and by his partner, the late Mr. Alex Weinstein.
The firm is managed by the managing partner, Mr. Shimon Zitnitski, CPA, with experience spanning more than 30 years in the areas of serving businesses, taxes, accounting and auditing. It has a large and skilled team of accountants, among them academic experts with experience in many fields of economics, accounting, law, computers, finances, taxation and management.
The firm’s size, organizational structure and the unique composition of its personnel allow the company to optimize the combination of high professional ability with continuous, individual and personal service for its entire range of customers. The entire team is at the service of the firm’s clients to provide quality, creative and rapid solutions.
The firm’s clientele represents a wide range of sectors and business fields, spread over the country and the world, and include private, public and government companies, non-profit organizations and more. During the company’s years of activity, Zitnitski Weinstein & Co. has accumulated much experience and developed expertise in many sectors, among them:
- Industry, commerce and retailing
- Real estate, construction and infrastructure
- Pharmaceuticals, medications and medical equipment
- Government authorities and municipal bodies
- Associations and non-profit organizations
- Tourism and hotels
- International and multinational companies
- Aviation and transportation
- High Tech and communications
- Venture Capital funds
- Monetary and financial institutions
Accounting and Auditing
Achieve Your Goals
The firm’s accounting and auditing department uses an approach that combines a high professional level while emphasizing the unique needs of the client. The department’s accounting team is skilled and highly experienced in providing services to Israeli and international entities in a range of economic sectors.
The department’s services include:
Auditing and reviewing financial reports
Accounting consultation regarding international standards (IFRS)
Applying accepted accounting practices
Accompanying public and private share issues
Non-profit organization handling
Internal audits
Accounting, financial management and management accounting
Computerized Information System auditing
Tax and Taxation
Tax advice and Tax services
The firm’s tax department provides a range of services to its clients, with emphasis on professional service at a high level and maximum utilization of tax incentives that benefit the client.
The department’s services include:
Preparing annual reports for income tax
Corporate taxes
Individual and partnership taxes
Representation with the tax authorities
Periodic tax evaluations
Pre-ruling motions for the tax authorities
Professional opinions
Accompaniment of share option programs for employees
Tax planning and structure change – designing the holding and investment structure, mergers, acquisitions and splits
Voluntary Disclosure
Economic Consulting and Business Accompaniment
Grow Your Business
The firm’s economic consulting and business accompaniment department provides wide-ranging and diverse business solutions, supported by rich experience in a wide range of fields.
The department’s services include:
Company, share and transaction value evaluations
Financial consulting, managerial consulting and organizational and methods consulting
Due diligence
Consulting in the areas of credit, bank financing and venture capital funds
Professional opinions in a range of economic/accounting subjects
Economic propriety examinations
Budgetary examination and review
Recovery programs, bankruptcy and business closure
Investment forecasts and design
Writing business plans
Arbitration
Negotiation and conciliation
Trust fund management and court-ordered management
Inheritance and property management
Conducting surveys
Fundraising
Advice in meeting the norms of corporate government
Solutions for Small Businesses and Businesses in Establishment
One Stop Shop
SHZ Consulting & Management Services Ltd. is connected with the firm. The company provides bookkeeping and salary calculation services to the self-employed and companies while scrupulously maintaining the level of service and reporting. The company’s team of employees and managers is professional, skilled and experienced, and provides comprehensive and quality personal service.
The company’s services include:
Managing and updating bookkeeping systems
Generation of profit & loss statements on a monthly and bi-monthly basis
Generation of monthly / quarterly / annual test balances
Adjustments with banks, including foreign currency and loans
Generating monthly VAT reports
Regular reporting to authorities (income tax, social security and VAT)
Online reporting to the tax authorities (VAT, deductions, etc.)
Processing and generating salary slips, including employer-employee cost calculations
Generating a variety of management reports from salary systems
Handling employee retirement and severance pay
Handling of reserve service claims, maternity grants and work accidents
Advice on labor laws and collective agreements
And more