Financial Reporting and Compliance in Nepal
We prepare financial statements and ensure compliance with Nepal standards in a clear and practical way.
What's included in Nepal Compliance & Reporting
A complete, no-surprises scope of work — clearly defined from day one.
Built for businesses like yours
Listed and public companies
Companies listed on NEPSE and regulated financial institutions are required to prepare NFRS-compliant financial statements. Non-compliance risks SEBON and NRB regulatory action.
Large private companies
Companies meeting the size thresholds set by ICAN — based on turnover, total assets, or number of employees — are required to adopt full NFRS or NFRS for SMEs.
SMEs and growing businesses
NFRS for SMEs provides a simplified but internationally aligned framework. Early adoption demonstrates financial credibility and makes future transitions to full NFRS easier.
A clear path from kickoff to results
Standards Assessment
We assess which Nepal accounting standards apply to your business based on your size, industry, and regulatory requirements set by ICAN and ASB Nepal.
Gap Analysis
We compare your current accounting practices against NFRS requirements and identify specific areas where changes are needed — in a clear, prioritized report.
Policy Development
We create a complete set of accounting policies compliant with the applicable standards — covering recognition, measurement, and disclosure for all significant transactions.
Restated Financials & Ongoing Compliance
We restate prior period financials if required for NFRS adoption, then maintain NFRS-compliant books and prepare annual NFRS financial statements going forward.
What you actually receive
No vague promises. Each engagement ships specific, named outputs you can hold in your hands and use immediately.
NFRS-Compliant Financial Statements
Complete set of financial statements prepared per applicable NFRS or NFRS for SMEs — accepted by auditors, banks, investors, and regulators.
Accounting Policies Manual
A formal document stating your company's accounting policies for all significant areas — ready for auditor review and board approval.
NFRS Gap Analysis Report
A detailed comparison between your current practices and NFRS requirements, with prioritized action items and a practical implementation timeline.
Notes to Financial Statements
Complete disclosures and notes as required by NFRS — covering related party transactions, contingencies, segment information, and other mandatory disclosures.
Why clients choose Chartered Corporate for nepal compliance & reporting
We don't claim to be the cheapest. We claim to be the firm that gets it right the first time — quietly, on time, with no drama.
Our auditor kept raising issues about NFRS compliance. Chartered Corporate Business Consulting reviewed our accounting policies, updated everything to NFRS for SMEs, and our next audit was clean. It took them three weeks and saved us months of back-and-forth.
— Verified Client, Chartered Corporate Business Consulting Pvt. Ltd.
- Our accountants are trained in both traditional Nepal Accounting Standards and modern NFRS
- We stay updated with all ICAN and ASB Nepal standard updates and implementation guidance
- We manage the NAS to NFRS transition smoothly without disrupting your daily business operations
- We prepare complete disclosures and notes to accounts that auditors accept without queries
- ICAN-accepted financial statements suitable for audit, banking, and investor submissions
Frequently asked
Related services
Ready to start with Nepal Compliance & Reporting?
Book a free 30-minute consultation. We'll review your situation, answer your questions, and quote in writing — no obligation.