Our Financial Services

Under the Companies Act 2006 and Income Tax Act 2058, all registered companies in Nepal — including private limited companies, public companies, NGOs, cooperatives, and trusts — are required to have their financial statements audited annually by a licensed auditor. Businesses with turnover exceeding IRD thresholds are additionally required to appoint an ICAN-registered Chartered Accountant.

For most small to mid-sized businesses, a statutory audit takes between 2 to 4 weeks from the date we receive complete records. Larger organisations or those with complex transactions may require 4–8 weeks. We work closely with your team to minimise disruption and complete the process as efficiently as possible.

You will typically need to provide your trial balance, bank statements, purchase and sales ledgers, fixed asset register, payroll records, VAT and tax filings, board minutes, and any loan or contract documentation. Our team sends a detailed checklist before the engagement begins so nothing is missed.

A statutory audit is a legally mandated, independent examination of financial statements to ensure they give a true and fair view. An internal audit is an ongoing, advisory function that reviews internal controls, risk management, and operational efficiency — it is conducted for management's benefit rather than for regulatory compliance. Many organisations benefit from both.

Yes. Nepal has adopted Nepal Financial Reporting Standards (NFRS), which are largely converged with IFRS. We prepare financial statements compliant with both frameworks — essential for entities with foreign investors, group consolidations, or cross-border reporting requirements. Our team is trained in IFRS transition, disclosure requirements, and multi-jurisdiction reconciliation.

We maintain multi-currency ledgers and apply the correct exchange rates in line with Nepal Rastra Bank (NRB) guidelines and applicable accounting standards. We handle foreign currency translation adjustments, revaluation of monetary items, and foreign exchange gain/loss reporting — giving you clean, consolidated books regardless of how many currencies your business operates in.

Transfer pricing refers to the prices set for transactions between related parties in different countries. Nepal's Income Tax Act 2058 (Section 33) includes transfer pricing provisions, and the IRD increasingly scrutinises intercompany transactions. If your business has related-party dealings with foreign entities — loans, services, royalties, or goods — you need proper documentation to defend your pricing and avoid penalties.

Yes — this is a growing area of our practice. We work with accounting firms and businesses in Australia, the UK, the US, and the Middle East to handle bookkeeping, accounts preparation, payroll, and reconciliation tasks. Nepal's skilled workforce and time zone position make us a cost-effective and reliable outsourcing partner.

A feasibility study assesses whether a proposed project, investment, or business venture is financially and operationally viable. Banks and investors in Nepal typically require a formal feasibility study before approving loans or making investment decisions. We prepare detailed studies covering market analysis, projected cash flows, return on investment, risk assessment, and financing structures.

Business valuation in Nepal typically uses a combination of three approaches: the Income Approach (discounted cash flow analysis), the Market Approach (comparable transaction multiples), and the Asset Approach (net asset value). The appropriate method depends on the nature of the business and the purpose of the valuation — whether for a sale, merger, investment, or legal dispute. We provide fully documented valuation reports that stand up to scrutiny.

Yes. We help businesses become investor-ready and bankable. This includes preparing 3–5 year financial projections, structuring your pitch deck's financial narrative, reviewing your existing financial statements for presentation quality, preparing loan documentation, and advising on the right financing instruments. We have supported clients in raising debt and equity from both domestic banks and international investors.

Yes. Beyond corporate advisory, we assist individuals with personal tax planning, retirement and pension planning, investment structuring, and wealth protection strategies. This is particularly valuable for business owners, senior executives, and returning Nepali diaspora who wish to optimise their personal financial position alongside their business interests.

Bookkeeping is the systematic recording of daily financial transactions — sales, purchases, payments, and receipts. Accounting takes those records further: interpreting, classifying, summarising, and reporting them in the form of financial statements, tax returns, and management reports. Think of bookkeeping as the foundation and accounting as the structure built on top of it. You need both to run a healthy business.

For most businesses, monthly bookkeeping is sufficient — it aligns with VAT filing cycles and gives you timely visibility into your financial position. However, businesses with high transaction volumes, multiple bank accounts, or active receivables management benefit from weekly updates. We offer daily, weekly, and monthly bookkeeping plans to match your needs and budget.

Bank reconciliation is the process of matching your internal financial records against your bank statement to ensure they agree. It catches errors, duplicate entries, unrecorded bank charges, and fraudulent transactions. Without regular reconciliation, your financial reports may be misleading — and problems that could have been caught early may only surface during your annual audit, when they are far more costly to fix.

Yes — this is a common request, and we handle it regularly. Our team can reconstruct financial records from bank statements, invoices, and receipts, correct misclassified entries, clear outstanding reconciliation items, and bring your books up to date ready for audit or tax filing. We assess the scope during a free initial consultation before commencing the clean-up.

We run programmes covering financial accounting, taxation (VAT, TDS, corporate income tax), payroll and compliance, budgeting, and financial statement analysis. Sessions range from half-day workshops to multi-day capacity-building programmes, tailored to the experience level of the participants.

Yes. We design in-house sessions around your industry, systems, and the specific gaps your team needs to close — whether that is onboarding new accounting staff, preparing for an upcoming audit, or bringing non-finance managers up to speed on reading financial statements.

Yes, our training sessions are ICAN CPE-accredited, and participants receive a certificate of completion — useful for professional development records and continuing education requirements.