Home>Who We Are

A shared commitment to your success

Meet the people behind Prayas & Associates. Chartered Accountants in Kathmandu, bringing personal attention and international expertise to your business.

2016
Firm Inception
Established in Kathmandu by Prayas Shrestha, FCA with dual ICAN and ICAI qualification.
2018
Cross-Border Practice
Launched dedicated outsourcing desk supporting US, UK, and Australian accounting firms.
2021
EOR Expansion
Pioneered Employer of Record service allowing global companies to hire remote Nepalese talent.
2024
140+ Audits & Global Growth
Surpassed 140 corporate statutory audits and over 50 remote finance professionals deployed.
WHO WE ARE

Rooted in Nepal. Delivering to the World.

Prayas & Associates was founded with a singular conviction: that Nepal possesses world-class financial, accounting, and legal talent capable of executing complex statutory, audit, and outsourced mandates at the highest international standards.

Over the past decade, we have grown from a boutique audit practice into a trusted institutional partner for international businesses operating in Nepal, as well as global CFO advisory firms across the United States, Australia, and the UK seeking reliable, CA-supervised remote accounting departments.

Our senior partners hold dual qualifications with the Institute of Chartered Accountants of Nepal (ICAN) and the Institute of Chartered Accountants of India (ICAI), alongside DISA (Diploma in Information Systems Audit), ensuring end-to-end technical authority across domestic and international reporting standards.

140+
Statutory Audits
50+
Remote Staff Deployed
100%
Compliance Rate
Prayas team collaboration
THE PRAYAS WAY

Our Institutional Philosophy

Every audit file, tax filing, and outsourced accounting ledger is executed under strict quality controls and fiduciary ethics.

99.8% Quality Metric

Uncompromising Accuracy

Rigorous statutory precision, ISA/PCAOB compliance, and dual-partner review protocols ensuring zero defect financial reporting.

14+ Jurisdictions

Global Standards

Dual-qualified leadership with hands-on mastery of US GAAP, IFRS, and NFRS convergence for multinational entities.

96.4% Retention

Fiduciary Partnership

Dedicated fractional CFO stewardship, seamless cross-border corporate governance, and proactive regulatory foresight.

CA Prayas Shrestha

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.

PROFESSIONAL DIRECTORY

Our Team of Qualified Professionals

Every client engagement is supported by trained accounting, legal, and audit professionals accustomed to serving global standards and time zones.

CA Prayas Shrestha
Leadership

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.

Prayas & AssociatesKathmandu
Sujata Shrestha
Legal & Compliance

Sujata Shrestha

Legal & Compliance Advisor
Advocate / Corporate Legal Counsel

Specialist in Nepalese labour law, FDI regulations, corporate secretarial compliance, and contracts.

Prayas & AssociatesKathmandu
Lijala Chitrakar
Audit & Advisory

Lijala Chitrakar

Audit & Advisory Associate
BBA / Accounting Specialist

Focuses on statutory audit reviews, internal control testing, and financial statement disclosures.

Prayas & AssociatesKathmandu
Aagya Gyawali
Finance & Admin

Aagya Gyawali

Finance & Administration Executive
Finance Operations Specialist

Oversees client billing, firm operations, administrative coordination, and statutory filings.

Prayas & AssociatesKathmandu
Sanju Thakur
Audit & Advisory

Sanju Thakur

Article Assistant
CA Final Candidate

Assists in bank audits, VAT/tax reconciliations, and general ledger compliance.

Prayas & AssociatesKathmandu
Kushal Joshi
Audit & Advisory

Kushal Joshi

Article Assistant
CA Final Candidate

Hands-on experience in financial statement auditing, SSF filing, and bookkeeping systems.

Prayas & AssociatesKathmandu
Pritam Achhami
Audit & Advisory

Pritam Achhami

Article Assistant
CA Final Candidate

Active in corporate tax compliance, TDS reconciliations, and manufacturing audits.

Prayas & AssociatesKathmandu
Jibendra Prasad Sah
Audit & Advisory

Jibendra Prasad Sah

Article Assistant
CA Final Candidate

Supports audit engagements, inventory verifications, and overseas client bookkeeping.

Prayas & AssociatesKathmandu
Khagendra Chaulagain
Audit & Advisory

Khagendra Chaulagain

Article Assistant
CA Final Candidate

Specializes in cooperative audits, compliance audits, and financial reporting.

Prayas & AssociatesKathmandu
Swastika Shrestha
Audit & Advisory

Swastika Shrestha

Article Assistant
CA Final Candidate

Performs audit procedures, voucher verifications, and accounts receivable tracking.

Prayas & AssociatesKathmandu
Diya Shrestha
Audit & Advisory

Diya Shrestha

Article Assistant
CA Final Candidate

Supports payroll calculations, TDS documentation, and client management accounts.

Prayas & AssociatesKathmandu

Need a custom-recruited finance team for your accounting practice?

Through our Employer of Record (EOR) service, we can assemble and host dedicated staff tailored precisely to your software and processes.

Learn About EOR Staffing →

Partner with Prayas & Associates

Whether you need statutory assurance in Nepal or a dedicated remote accounting desk under CA supervision, our partners are ready to discuss your requirements.

Email Our Managing Partner