"Matara" was founded by software house Amigar and
CPA firm Lotker, Stein, Toledano
Co-operation between the Amigar software house and the
Lotker, Stein, Toledano CPA firm, has resulted in the
founding of a new company, "Matara" which offers
management information systems. Matara is 51% owned by
Amigar (a public company traded on the Tel-Aviv Stock
Exchange), and 49% by the CPA firm.
Matara will engage in the development of new
information systems whose outputs conforms to accounting
principles, and become part of the company's official
financial reports. The system will be able to provide
the managerial echelon with information and control
tools, automatically generating adjusted financial
statements (on a monthly, quarterly and multi-annual
level), and will support advanced managerial methods. The
information systems that will be developed will
automatically generate adjusted financial statements,
that will form the basis for more efficient and reliable
auditing by the firm's CPAs.