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).
Expert Financial Architecture
Dedicated to maintaining the highest standards of integrity and excellence in every engagement.
Audit & Assurance
Independent annual audits that provide true and fair financial views, ensuring full compliance with International Financial Reporting Standards.
NGO'S Compliance
Assurance services guaranteeing adherence to complex donor requirements (EU, UN, USAID, etc.), crucial for NGOs and recipient entities.
Internal Audit & Risk Advisory
Establishment or assessment of internal controls to manage operational risks, prevent fraud, and improve governance structures..
Financial Data Analytics & Visualization
Transforming raw financial data into clear, interactive dashboards to support rapid, data-driven strategic decision-making by management.
Outsourced Accounting & Financial Reporting
Full-scope, reliable accounting services, handling day-to-day transactions and preparing periodic financial statements compliant with IFRS/local standards.
Financial Due Diligence
Comprehensive analysis of the target company's financial records, forecasts, and debt structures before a merger, acquisition, or investment.
IFRS & US GAAP Conversion Advisory
Assisting companies in transitioning their accounting and reporting frameworks to meet global standards required by parent companies or investors.
Local Tax Compliance & Optimization
Expert advisory on Palestinian Income Tax and VAT, covering compliance, efficient tax planning, and representation before local tax authorities.
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.
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.