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National College of Accountancy (NCA) was established in 2004 by a team of professionals from diverse fields with the aim of contributing to the national economy by producing qualified professionals through the conduction of ACCA/FIA courses.
NCA has been relentlessly working since then to further the growth, recognition and awareness of/about ACCA in Nepal. NCA has come a long way in this duration from being a directory subscriber to being the first Approved Learning Partner (ALP-ST Gold) of ACCA in Nepal. In addition NCA also has been a pioneer in initiatin
ACCA in the context of Nepal
With increased production of ACCAs in Nepal fuelled by the increasing number of Learning Providers and the increasing market awareness, ACCAs are presently working in diverse sectors ranging from the developmental to banks and financial institutions and other major corporate houses.
As more ACCAs are being absorbed onto the economy and are providing value to the employers, employers too are becoming increasingly aware of ACCA as a qualification and the value to the business in being associated with a globally reputed qualification. Presently there is a high concentration of ACCAs in the developmental sector and MNCs with an equally substantial number in the banks and financial institutions in Nepal. Many ACCAs prefer to move abroad and build careers in regions like Middle East, Europe and Australia as well.
However, an issue of contention in Nepalese context is that ACCA and ICAN have not struck any agreements as such which could have benefitted the members of both the professional accountancy bodies. Needless to say then that ACCAs in Nepal are not entitled to hold CoP (Certificate of Practice) i.e. the audit license which is issued by ICAN in Nepal. However recent developments have paved the path for even ACCAs to obtain ICAN membership with ACCA already having opened its doors for ICAN members to pursue and complete the global qualification i.e. ACCA.
Nonetheless because of the impact of globalization, Nepal being a member of WTO and the adoption of IAS/IFRS (International Accounting Standards/International Financial Reporting Standards) in Nepal, the employment prospects, market awareness and therefore the overall sale-ability are looking increasingly brighter.