Hani Da'na Office provides ten distinct service lines for Palestinian businesses and NGOs: external audit, NGO donor compliance, internal audit & risk advisory, financial data analytics, tax auditing, outsourced accounting, financial due diligence, IFRS/US GAAP conversion, local tax compliance, and arbitration support — all under International Standards on Auditing (ISA).

Our Solutions

Expert Financial Architecture

Dedicated to maintaining the highest standards of integrity and excellence in every engagement.

How we work

A four-stage engagement

Every engagement follows the same backbone — scoped, executed, reviewed, debriefed — so clients always know what's coming next.

  1. 01

    Engagement scoping

    We meet to understand the entity, scope risks, and agree on terms.

  2. 02

    Field work

    On-site testing of controls, transactions, and balances per ISA.

  3. 03

    Technical review

    Partner-level review of findings to ensure report quality.

  4. 04

    Report & debrief

    Final report delivered, plus a partner-led debrief with recommendations.

Service

Audit & Assurance

Independent annual audits that provide true and fair financial views, ensuring full compliance with International Financial Reporting Standards.

  • Financial statement audit (ISA)
  • Independent audit opinion
  • Management letter & recommendations
  • IFRS compliance review
Service

NGO Donor Compliance

Assurance services guaranteeing adherence to complex donor requirements (EU, UN, USAID, etc.), crucial for NGOs and recipient entities.

  • Donor grant audits (EU, UN, USAID)
  • Fund utilization verification
  • Compliance & eligibility review
  • Reports in donor formats
Service

Internal Audit & Risk Advisory

Establishment or assessment of internal controls to manage operational risks, prevent fraud, and improve governance structures.

  • Internal control assessment
  • Fraud risk review
  • Governance & process improvement
  • Ongoing internal audit function
Service

Financial Data Analytics & Visualization

Transforming raw financial data into clear, interactive dashboards to support rapid, data-driven strategic decision-making by management.

  • Interactive financial dashboards
  • KPI & performance reporting
  • Data consolidation & cleanup
  • Management decision support
Service

Tax Auditing

Independent examination of tax filings, assessments, and supporting records to verify accuracy, resolve disputes, and prepare clients for reviews by the Palestinian tax authorities.

  • Tax filing examination
  • Assessment & dispute resolution
  • Supporting records verification
  • Tax authority review readiness
Service

Risk Advisory

Identification, assessment, and mitigation of financial and operational risks — from liquidity and credit exposure to fraud vulnerabilities — with practical controls tailored to each client.

  • Financial & operational risk assessment
  • Liquidity & credit exposure review
  • Fraud vulnerability analysis
  • Tailored control frameworks
Service

Outsourced Accounting & Financial Reporting

Full-scope, reliable accounting services, handling day-to-day transactions and preparing periodic financial statements compliant with IFRS/local standards.

  • Day-to-day bookkeeping
  • Periodic financial statements
  • IFRS / local-standard reporting
  • Payroll & transaction processing
Service

Financial Due Diligence

Comprehensive analysis of the target company's financial records, forecasts, and debt structures before a merger, acquisition, or investment.

  • Financial records analysis
  • Forecast & debt-structure review
  • Deal risk identification
  • Pre-transaction findings report
Service

IFRS & US GAAP Conversion Advisory

Assisting companies in transitioning their accounting and reporting frameworks to meet global standards required by parent companies or investors.

  • Gap analysis vs. target framework
  • Accounting policy alignment
  • Restatement & conversion support
  • Reporting for parents / investors
Service

Local Tax Compliance & Optimization

Expert advisory on Palestinian Income Tax and VAT, covering compliance, efficient tax planning, and representation before local tax authorities.

  • Income Tax & VAT compliance
  • Efficient tax planning
  • Filing preparation & submission
  • Representation before tax authorities
The Distinction

Why Hani Da'na Office?

Local Expertise

Deep understanding of Palestinian tax laws and business regulations with decades of presence.

Global Standards

Applying international auditing standards (IFRS/ISA) to every engagement for global compliance.

FAQ

Audit & Tax — Frequently Asked Questions

What is the difference between an external and an internal audit?

An external audit is an independent examination of financial statements by a licensed firm to provide a true-and-fair opinion to shareholders and regulators, in accordance with International Standards on Auditing (ISA). An internal audit is an ongoing assessment of internal controls, risk management, and governance commissioned by the company itself.

What is an NGO compliance audit?

An NGO compliance audit verifies that a non-governmental organization is using donor funds in line with the donor's rules — typically USAID, the EU, the UN, or other bilateral agencies. It includes testing of procurement, payroll, allowable costs, and reporting against the grant agreement.

How does VAT work in Palestine?

The standard Palestinian VAT rate is 16%. Registered businesses must charge VAT on taxable sales, claim input VAT on eligible purchases, and file periodic returns with the Palestinian VAT Department. We advise on registration, filing, refund claims, and disputes.

Do you work with IFRS or US GAAP?

We work primarily under IFRS and Palestinian regulatory standards, and we provide IFRS-to-US GAAP conversion advisory for companies reporting to international parents or investors.

How long does a financial statement audit take?

For a typical small-to-mid-sized Palestinian company, a financial statement audit takes between three and eight weeks from kickoff to signed report, depending on the readiness of the trial balance, the complexity of the group, and any donor-specific reporting requirements.