Is Audit done just to meet tax requirements?
An audit is carried out to comply with Income Tax. This is the common understanding we find among the Nepalese business community. It is tr...
Latest Articles
Current Assets and Liabilities Certification in Nepal - Mandatory Provision by Nepal Rastra Bank
Circulation has been issued by The Institute of Chartered Accountants of Nepal clarifying the provision made in the FY 2075/76 fiscal polic...
Auditor's Enlistment Debate Resolved (ICAN vs Government Bodies)
The Institute of Chartered Accountants of Nepal has published a press release directing its members not to be registered separately as an A...
Takeaways from Nepalese Cooperative Audit Directive, 2075 effective 2075/05/07
Ministry of Agriculture, Land Management and Cooperatives issued a directive to better manage and bring quality and consistency in Audit of...
Types of Audit Report issued by Nepalese External Auditors
As a layman what are the things that we need to consider while reading the financial statements of an entity. Well there are numerous impo...
Major Highlights from the Draft Audit Act, 2075 currently under review of House of Representative, Nepal
How many of us know the Audit Act, 2048 will soon be repealed and hopefully, we will have a new Audit Act, 2075 soon. Honorable Finance Min...
Audit Committee Roles and Responsibilities; As required by Nepalese Companies Act
Audit Committee is a very important function in any entity, especially from the governance perspective. It is proven that audit committee le...
