Ernst & Young is still country's largest accounting firm

The firm, with some 1,400 employees, including 471 accountants, retained the title for the third year in a row, and was followed by KPMG Somekh Chaikin, with 815 employees.

By MATTHEW KRIEGER
May 28, 2007 07:25
1 minute read.

Ernst and Young Israel - Kost Forer Gabbay & Kasirer has once again been named Israel's largest accounting firm, based on its having the largest number of employees and the most customers, according to Business Data Israel's poll of the country's 20 largest accounting firms. The firm, with some 1,400 employees, including 471 accountants, retained the title for the third year in a row, and was followed by KPMG Somekh Chaikin, with 815 employees. Rounding out the country's top-five, largest accounting were Deloitte Brightman Almagor with 740 employees, Kesselman & Kesselman with 650 employees) and then BDO Ziv Haft with 820 employees. Despite the growth among Israel's accounting firms, BDI noted that in 2006 only 780 people received accounting licenses, the lowest such number in six years. BDI expects, however, that this number to grow over the next few years as more university graduates look for jobs in Israel's business sector. Also among the top ten largest accounting firms were Grant Thornton Israel-Fahn Kanne & Co., with 203 employees, Moore Stephens Israel-Lion, Orlitsky & Co. with 132 employees, Zahar and Zahar with 120 employees, Baker Tilly Oren Horowitz with 102 employees and Strauss Lazar and Partners with 98. Exhibiting the biggest move was Barzalai and Partners with 89 workers, which jumped seven places to number 12 from number 19 in 2006.


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