Institute of Certified Public Accountants in Israel

What Institute of Certified Public Accountants in Israel does

The Institute of Certified Public Accountants in Israel (לשכת רואי חשבון בישראל) is a non-profit professional association founded in 1932 and headquartered at Montfiore 1, Tel Aviv. It functions as the sole professional body in Israel authorized to set norms and standards for the CPA profession, and it provides a comprehensive suite of services to its members including continuing education, peer review, professional advocacy, and member welfare programs. The institute employs 99 staff and is governed by an elected leadership headed by President Chen Shreiber.

Its product surface is built around ATHENA, the institute's training academy, which delivers certification courses, seminars, and workshops in formats ranging from in-person (at the Tel Aviv auditorium) to Zoom-based webinars. Adjacent offerings include a Job Placement Center connecting CPAs with employers, a Directors Portal for board-related resources, a Peer Review System for quality assurance, a Digital Professional Library, the Gold Club member benefits program (cultural events and trips), a public Accountant Search directory, insurance services, and arbitration and mediation. Distribution is direct-to-consumer via the website (icpas.org.il), the physical office, and event venues, supported by social channels including Facebook, LinkedIn, Instagram, YouTube, Telegram, and a podcast.

The institute monetizes through three primary streams: recurring annual membership dues from CPAs and adjacent senior bookkeeper and senior payroll professionals; one-time fees for ATHENA courses and certification programs (priced in shekels with member/non-member tiers, e.g., 700 ILS vs. 1,400 ILS for the Government Systems course); and event registration fees for seminars, conferences, and Gold Club cultural activities. Free webinars for members act as a retention and engagement lever. The institute has no disclosed revenue, no funding history, and no M&A activity; its only stated competitive advantages are its regulatory and standards-setting role and the breadth of its member service ecosystem.

Name

Institute of Certified Public Accountants in Israel

Legal name

Institute of Certified Public Accountants in Israel (לשכת רואי חשבון בישראל)

Website

https://icpas.org.il

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

The Institute of Certified Public Accountants in Israel (founded 1932, Tel Aviv) is the sole professional chamber for CPAs in Israel, setting industry standards and delivering membership, training (ATHENA), peer review, job placement, and member benefit services to licensed accountants and adjacent senior accounting professionals.

Ownership category

akta.pro rank

Product category

Professional Accounting Association Services

NAICS

Professional Organizations (813920)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYEDADACAJ

Accreditation Standards, Benchmarking & Framework Organizations

Education/Education Administration, Accreditation & Policy/Accreditation Bodies (Institutional & Programmatic)

SECONDARYEDADACAF

Continuing Education (CE/CPD) & Provider Accreditation Bodies

Education/Education Administration, Accreditation & Policy/Accreditation Bodies (Institutional & Programmatic)

SECONDARYEDADACAL

Accreditation Appeals, Arbitration & Compliance Oversight Bodies

Education/Education Administration, Accreditation & Policy/Accreditation Bodies (Institutional & Programmatic)

Keywords

• Professional accounting association
• CPA membership services
• Continuing professional education
• Accountancy professional standards
• Peer review services

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership fees: Annual membership dues collected from certified public accountants, senior bookkeepers, and senior payroll professionals. Fee schedule varies by member type (active vs. pensioner/retired members).
2. Educational programs and courses: Revenue from professional development courses, seminars, workshops, and certification programs offered through ATHENA academy. Pricing varies for members vs. non-members.
3. Event registration: Fees for seminars, conferences, workshops, cultural events, and Gold Club activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

The Institute of Certified Public Accountants in Israel is a nonprofit professional membership association that provides certified public accountants, senior bookkeepers, and senior payroll professionals with continuing education through the ATHENA academy, professional development events, a job placement center, a peer review quality system, a digital professional library, advocacy and standards-setting, and member benefits such as the Gold Club cultural program.

Product overview

The Institute of Certified Public Accountants in Israel (לשכת רואי החשבון בישראל) operates as a professional membership organization, not a software technology company. Its primary offerings include ATHENA, the accounting academy providing professional training and certification courses; a job placement center connecting accountants with employers; a directors portal for board members; a peer review system for quality assurance; a digital professional library; and the Gold Club member benefits program offering cultural and social events. The institute also provides member directories, insurance services, arbitration services, and various professional development events including seminars, workshops, and webinars.

Differentiator

Problem solved

Functional benefit

Brands

• ATHENA: ATHENA Academy of CPAs - professional education and training programs for accountants
• דירקטורו"ח (Directors)
• חשבי שכר בכירים (Senior Payroll Accountants)
• מנהלי חשבונות בכירים (Senior Accountants)
• סקירת עמיתים (Peer Review)
• מרכז השמה (Job Placement Center)
• מועדון הזהב (Gold Club)

Products and services

• ATHENA Academy (אתנה) ATHENA is the accounting academy of ICPAI, providing professional training programs, certification courses, seminars, workshops, and continuing education for certified public accountants, senior bookkeepers, and senior payroll professionals through both online and in-person formats.
• Job Placement Center (מרכז השמה) A job placement service operated by ICPAI that connects licensed certified public accountants with employment opportunities across Israel, serving both member candidates and employers seeking accounting talent.
• Directors Portal (דירקטוריו"ח) A dedicated portal from ICPAI providing resources, director listings, and support services for accountants who serve as board directors.
• Peer Review System (סקירת עמיתים) A peer review system operated by ICPAI that evaluates and maintains quality and standards among Israeli certified public accounting firms.
• Digital Professional Library (ספריה מקצועית דיגיטלית) An online digital library provided by ICPAI granting members access to professional accounting publications, resources, and research materials.
• Gold Club (מועדון הזהב) An exclusive ICPAI member club offering cultural events, lectures, trips, and social activities, with per-event pricing (e.g., 50₪ per musical performance, 250₪ for trips).
• Accountant Search Directory (חיפוש רו"ח) A searchable public directory operated by ICPAI that allows individuals and businesses to find and contact certified public accountants in Israel.
• ICPAI Podcast (הפודקאסט שלנו) A podcast series produced by ICPAI delivering professional insights, industry updates, and thought leadership for accounting professionals.
• Arbitration and Mediation Services (בוררות וגישור) Arbitration and mediation services administered by ICPAI for members and accounting-related disputes, delivered through the institute's Court.
• Member Insurance Services (ביטוחים) Insurance offerings provided as part of the ICPAI membership benefits package for certified public accountants and affiliated professionals.
• Scholarships Program (מלגות) A scholarships program administered by ICPAI to support accounting students and members pursuing professional development.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and moderate.

• CPA Council (מועצת רו"ח)coreOthersRegulatory oversight body for the CPA profession. The institute works with the council on professional standards and licensing matters.
• Lahav - Israeli Independents Chamber (להב – לשכת העצמאים בישראל)coreStrategic or Co-development PartnerCollaborative partnership for advocating for independent professionals and self-employed workers in Israel.
• Accounting Standards Institution (המוסד לתקינה חשבונאית)coreOthersStandards-setting body for accounting practices in Israel.
• Israel Securities Authority (רשות ניירות ערך)coreOthersRegulatory authority for securities markets. Partnership involves professional collaboration and compliance.
• Tax Authority (רשות מסים)coreOthersGovernment tax collection and enforcement authority. The institute provides member representation and professional guidance.
• National Insurance Institute (ביטוח לאומי)coreOthersSocial insurance institution. Partnership for member benefits and professional guidance on insurance matters.
• Institute of Internal Auditors Israel (לשכת המבקרים הפנימיים)moderateStrategic or Co-development PartnerProfessional collaboration with internal audit professionals.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• ISACA: Global professional association for IT audit, governance, and cybersecurity professionals, providing certifications, training, and member services. Strongly comparable membership-and-certification model, complementary to ICPAI's mandate of standards-based professional regulation.
• IMA (Institute of Management Accountants): US-based professional association for management accountants, offering certification (CMA), CPE, and member services. Comparable member-services and continuing-education model to ICPAI's ATHENA offering.
• AICPA (American Institute of CPAs): National professional body for CPAs in the United States. Closest direct peer to ICPAI, offering membership, CPE, peer review, advocacy, and standards-setting for a single-country CPA population. Operates a much larger scale but mirrors ICPAI's mandate and service model.
• CIMA (Chartered Institute of Management Accountants): UK-headquartered professional body for management accountants delivering qualifications, CPD, and member benefits globally. Comparable to ICPAI in function and service architecture.
• ICAEW (Institute of Chartered Accountants in England and Wales): UK-based professional membership body for chartered accountants providing training, CPD, member services, and regulatory advocacy. Highly comparable structure and service mix to ICPAI.
• ACCA (Association of Chartered Certified Accountants): Global professional accounting body offering membership, certification, and continuing education to accounting professionals worldwide. Comparable to ICPAI on professional development, qualification administration, and member services, but operates internationally.
• CPA Australia: National professional body for CPAs in Australia, providing membership, CPD, advocacy, and member benefits. Comparable to ICPAI in mandate, scale of a single-country CPA market, and diversified service offering.
• Institute of Internal Auditors (IIA Global): Global professional association for internal auditors offering certification (CIA), professional education, and standards. Listed as a strategic partner of ICPAI (Institute of Internal Auditors Israel), and structurally similar in mandate.
• Chartered Professional Accountants of Canada (CPA Canada): Canadian national body for chartered professional accountants, unifying legacy CA, CGA, and CMA designations. Comparable to ICPAI as a national CPA standards-setting and member-services organization.

Others

• Israel Accounting Standards Institution (IASI): Israeli national standards-setting body for accounting, listed as a core partner of ICPAI. Adjacent rather than competitive: IASI sets standards while ICPAI disseminates and enforces them through its membership.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xt.me/joinchat/AAAAAEbsw6LIUwjAUG2x5g
• YouTubeyoutube.com/channel/UCtaK4mGQ0eSu2TGahi3SfVQ
• Facebookfacebook.com/AccountingTLV
• LinkedInlinkedin.com/company/institute-of-certified-public-accountants-in-israel
• Instagraminstagram.com/icpas.org.il/?r=nametag

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Institute of Certified Public Accountants in Israel