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NFRS / IFRS Advisory & Convergence

Gap analysis, technical accounting, and financial conversion for foreign subsidiaries and MNCs.

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PRACTICE OVERVIEW

Objective, CA-led execution tailored to your operating model

For foreign-owned entities and subsidiaries operating in Nepal, we provide Nepal Financial Reporting Standards (NFRS) and IFRS advisory to ensure local financial statements meet both domestic regulatory requirements and group consolidation standards.

CAPABILITIES

Ways we can help with NFRS / IFRS Advisory & Convergence

Engage with our qualified teams who focus on precision, statutory compliance, and dedicated client service.

01

NFRS / IFRS gap analysis and diagnostic review

NFRS / IFRS gap analysis and diagnostic review

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02

Accounting policy formulation and group alignment

Accounting policy formulation and group alignment

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03

Financial statement conversion and disclosure note preparation

Financial statement conversion and disclosure note preparation

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04

Technical advisory on leases (IFRS 16), revenue (IFRS 15), and financial instruments (IFRS 9)

Technical advisory on leases (IFRS 16), revenue (IFRS 15), and financial instruments (IFRS 9)

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ENGAGEMENT DELIVERABLES

Included in Every Engagement Scope

We guarantee strict service-level agreements (SLAs), standardized working papers, and continuous oversight by a Chartered Accountant.

NFRS / IFRS gap analysis and diagnostic review
Accounting policy formulation and group alignment
Financial statement conversion and disclosure note preparation
Technical advisory on leases (IFRS 16), revenue (IFRS 15), and financial instruments (IFRS 9)
NEED SPECIALIZED SUPPORT?

Request a Customized Proposal for NFRS / IFRS Advisory & Convergence

Submit your preliminary headcount, reporting frameworks, or audit timelines to receive a detailed scope document within 24 hours.

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PRACTICE LEADERSHIP
CA Prayas Shrestha

CA Prayas Shrestha

Founding Proprietor & Managing Partner (FCA, ICAI, ICAN, DISA, LLB)

15+ years experience in audit, advisory, US GAAP reporting, and international practice leadership.

NFRS / IFRS Advisory & Convergence | Prayas & Associates, Chartered Accountants | Prayas & Associates