Audit & assurance
Build confidence in your financial reporting with independent, Chartered Accountant-led audit and assurance.
Explore audit & assurance
Make smart decisions that drive lasting business value
Prayas specialists help you navigate financial change with confident decisions and a clear path forward.
OUR SERVICES
We’re committed to providing
exceptional client experiences
Personal attention, professional integrity, and specialist knowledge. Discover the support your business needs.
Tax
Navigate your tax obligations with practical support for domestic and cross-border compliance.
Explore tax
Advisory
Make informed decisions with financial insight, strategic guidance, and experienced CFO support.
Explore advisory
Outsourcing
Extend your finance team with dedicated accounting, bookkeeping, and reporting specialists in Nepal.
Explore outsourcingEXPERTISE FOR YOUR BUSINESS
Local knowledge. Global perspective.
Support at every stage.
From your day-to-day finance operations to your next strategic move, our specialists bring the experience and attention your business deserves.
Employer of Record
Build and scale a dedicated finance function in Nepal without establishing a local corporate entity.
Explore this serviceFeatured insights
View all insights
Technical AccountingNavigating NFRS & IFRS for Foreign Subsidiaries in Nepal
A strategic roadmap for global CFOs and accounting practices navigating local Nepal Financial Reporting Standards while maintaining IFRS consolidation requirements.
Read the article
Global Expansion
Employer of Record (EOR): The Compliant Bridge to Hiring in Nepal
Read more
Tax Advisory
Cross-Border Taxation and Profit Repatriation in Nepal
Read more
Outsourcing Playbook
Building Dedicated Finance & Accounting Teams in Nepal via EOR
Read more
Technical Accounting
Navigating US GAAP and IFRS Convergence for Foreign Subsidiaries
Read more
Regulatory & FDI
A Practical Guide to Foreign Investment & Repatriation in Nepal
Read moreWHY GLOBAL BUSINESSES CHOOSE US
World-class finance capabilities. Zero corporate overhead.
We bridge the gap between high domestic personnel costs and the need for rigorous, reliable accounting oversight by combining local Chartered Accountants with seamless remote collaboration.
60%+
Average cost reduction
Cost-Effective Global Talent
Get qualified Nepalese accounting, bookkeeping, and finance professionals at a significantly lower operational cost than domestic hiring—without establishing a local entity, office, or local payroll setup.
100%
CA-led engagements
CA-Supervised Precision
Every offshore engagement is directly supervised and reviewed by qualified Chartered Accountants with extensive experience across US GAAP, IFRS, and international corporate client workflows.
Enterprise
Confidentiality standard
Data Security & Confidentiality
Client financial data and proprietary records are protected under rigorous enterprise security frameworks, encrypted systems, and strict non-disclosure covenants matching in-house controls.
Zero
Local entity liability
Full Nepal Labour & Tax Compliance
We assume legal and regulatory responsibility for Nepalese labour law, payroll tax withholdings, and Social Security Fund (SSF) requirements so your operation is compliant from day one.
Ready to build or scale your offshore accounting team in Nepal?
Schedule a 30-minute discovery call to evaluate headcount, role profiles, and exact cost savings.
OUR LEADERSHIP
A personal commitment.
An experienced perspective.
CA Prayas Shrestha
Founding Proprietor & Managing Partner · FCA, ICAI, ICAN, DISA, LLB
Prayas Shrestha is a Chartered Accountant and the founding Proprietor of Prayas & Associates, Chartered Accountants, which he established in 2016. He holds dual professional membership with the Institute of Chartered Accountants of Nepal (ICAN) and the Institute of Chartered Accountants of India (ICAI), along with a Diploma in Information Systems Audit (DISA) and an LLB.
With over 15 years of post-qualification experience, he has led audit, tax, and advisory engagements across banks and financial institutions, cooperatives, NGOs and INGOs, hospitals, hydropower companies, manufacturing firms, and multinational subsidiaries operating in Nepal.
Building on this foundation, he is extending the firm's practice into international outsourcing, offering bookkeeping, financial reporting, and fractional CFO services to businesses across the globe, supported by a working knowledge of US GAAP reporting requirements.
MEDIA & ENGAGEMENTS
Gallery, Video Briefings & Firm Highlights
Visual documentation of our international briefings, professional seminars, corporate audit sessions, and partner engagements.
Photo Record
Office & Leadership
Firm Headquarters & Advisory Sessions
Collaborative engagement and technical review sessions at our Kathmandu headquarters.
Video Briefing
Webinars & Briefings
International Outsourcing Briefing 2026
Video presentation on scalable remote accounting teams for international enterprises.
Photo Record
Continuous Education
Annual Professional Development & Audit Training
Intensive training on ICAN audit standards, DISA protocols, and US GAAP reporting.
Social Media Channels & Updates
Follow our latest official announcements, corporate audit milestones, and engagement activities across LinkedIn and Facebook.
Proud to expand our international finance outsourcing wing at Prayas & Associates. Over 15 years of audit & advisory practice now serving forward-thinking global partners in US GAAP, IFRS, and remote CFO advisory.
Welcoming our newest cohort of article assistants and congratulations to our audit teams on concluding multiple statutory BFIs and hydropower reviews this fiscal quarter!
Navigating transfer pricing and cross-border payroll deductions? Make sure your contracts comply with both the destination country and Nepalese labour law from day 1.