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Nepal Financial Reporting Standards (NFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable within Nepal. The rules are to be followed by accountants to maintain books of accounts which are comparable, understandable, reliable and relevant to users internal or external.
The PDs, DsG, AsG and PAsG report to Additional Deputy CAG or Deputy CAG. Deputy CAGs are the highest-ranked officers in the service. After training, the Officer Trainees are posted as Assistant Accountant Generals and Assistant Directors at Junior Grade Group A and later promoted to Deputy Accountants General (DAsG) or Deputy Directors (DDs ...
The Institute of Chartered Accountants of Nepal (ICAN) is the national professional accounting body in Nepal, responsible for regulating and promoting the accounting profession in the country. Established in 1997 under the Nepal Chartered Accountants Act, ICAN sets standards for auditing, financial reporting, and ethical conduct for accountants ...
Nepal Rastra Bank head office in Baluwatar, Kathmandu The Nepal Rastra Bank (NRB; Nepali: नेपाल राष्ट्र बैंक) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector.
Century Commercial Bank Limited [3] was a commercial bank in Nepal. The bank was an ‘A’ class commercial bank licensed by Nepal Rastra Bank [4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. But now it's merged with Prabhu bank Limited in January 2023.
Kumari Bank Limited came into existence as the fifteenth commercial bank of Nepal, starting banking operations from Chaitra 21, 2057 B.S (April 3, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The bank has a paid-up capital of NPR 26.23 billion.
The Auditor General submits an annual report, which includes an opinion regarding the financial statements of the Government of Nepal, to the President as per Article 294 of the Constitution of Nepal. The President then presents the report for discussion to the Federal Parliament, through the Prime Minister.
Global IME Bank Limited [2] (Founded as IME financial institution) is a commercial bank in Nepal. The bank was an ‘A’ class commercial bank licensed by Nepal Rastra Bank [3] and had branches all across the nation with its head office in Kathmandu which provided a complete commercial banking service. The Bank was formed with the merger and ...
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