Nepal Financial Reporting Standards (NFRS) for SMEs & NAS for MEs

Nepal Financial Reporting Standards (NFRS) for SMEs & NAS for MEs

Chartered Accountancy (CA)
·
6 months
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Institutions offering Nepal Financial Reporting Standards (NFRS) for SMEs & NAS for MEs

Currently, 1 institutions offer Nepal Financial Reporting Standards (NFRS) for SMEs & NAS for MEs under ACCA in Nepal with 1 of them offering in Kathmandu district.

Nepal Financial Reporting Standards (NFRS) have been made applicable to Small and Medium-sized Entities (SMEs). The Accounting Standards Board of Nepal approved and issued the Nepal Financial Reporting Standard for Small and Medium-sized Entities (NFRS for SMEs). According to the ASBN, SMEs are entities that:

Do not have public accountability, and
Publish general-purpose financial statements for external users.