From "Standard 18" to business exits - This brochure is a collection of BDO Ziv Haft short essays dealing with the effects of the new standard that replaced the Accounting Standard 18. The change in accounting principles was brought topublic hospitals HMOs, which are facing challenges in the health system, and reviews the subject of hospital business development.

Data for the Banking and Finance Insurance and Capital Markets - Issue No. 3 for 2010 was surveyed by the firm BDO Ziv Haft. This book covers several issues facing managers in the capital market, and economic challenges after the economic crisis. It further discusses questions securitizing the Israeli market, implementing the law " Sarbanes Oxley "and fair value measurement. Data is based on the knowledge and experience accumulated in our office, accompanied by many companies in the capital market.

Issue No. 1 for 2010 deals with the new international accounting standards on business combinations and transactions with minority shareholders (non-controlling interest), this in view of the significant changes in the field that will affect business combinations executed in January 2010 and thereafter. The issue also includes updates as to additional changes in international standards, including a comprehensive review of the provisions of IFRS 9, a new standard with respect to financial instruments, which represents the first stage in the replacement of IAS 39. In view of the resolution of the Israel Accounting Standards Board to issue Draft Accounting Standard No. 32, concerning the possible adoption of IFRS for SME, also attached to the newsletter is a summary of said IFRS.

Issue no. 4 discusses the tax preparations as we head the end of taxation year of 2009. In it are tax topics reviewed by our office, pointed as relevant in preparations to the end of this tax year.

Once a year, BDO Ziv Haft publishes a comprehensive overview of the business environment in Israel, the developments in the economy over the year and an outline of the legal environment and new accounting standards. Doing Business in Israel enables business entities, which are not necessarily local, to get a complete picture that assists them in their business endeavors in Israel. This year, the book includes detailed information on the Israeli tax system, the foundations of the political system, a summary of generally accepted accounting principles and a glance of the Israeli high-tech industry.

On July 21, 2007, the Knesset passed Amendment No. 6 to the Companies Law, 1999 (hereafter: “the Companies Law”) and Amendment No. 10 to the Societies Law, 1980 (hereafter: “the Societies Law”). The Amutot (Societies) and Public Utility Companies following Legislative Amendments booklet was published in the trail of the legislation updates and in the framework of a seminar held by the Firm. The booklet deals with the implications of the amendments to the laws, the literal report and required disclosures and the code of ethics in non-profit organizations.

Think High-Tech deals with the challenges and issues facing decision makers, managers and entrepreneurs in the Israeli high-tech industry. The book, which was published in 2006, concentrates discussions on accounting, economic and tax issues that are of particular significance to the Israeli high-tech sector. This book is based on the substantial knowledge and experience acquired by our Firm in providing services to numerous high-tech companies operating in Israel and internationally. The primary issues addressed by Think High-Tech are employee incentives, capital structure, mergers and acquisitions, encouragement laws applicable to the high-tech industry, operational risk management systems and the Chinese market.