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Qualities of Good Accountant - Nepalese Context

At some point in time, every business needs the services of an accountant. Whether you’re an early-stage start-up searching for your first accountant, or an established family business that’s looking for a new broom, you’ll find yourself searching the internet for a great accountancy practice to help you out. But what makes a good accountant? And what key pointers should you look out for to make sure you’re hiring the best possible adviser for you and your business? To help you out, we’ve cribbed together five of the most important attributes your perfect accountant needs to have. 1. Knows more than just the basic numbers Let’s face it, all qualified accountants should be able to do their job! And, at the most basic level, that’s about helping to get your bookkeeping and accounting in order. The very minimum you should expect   is help   to set up a   well-organised   accounting system, alongside the preparation, review   and   sign-off...

How much Gold can I bring to Nepal? Last Updated July 2018

 म विदेशबाट नेपाल र्फकिंदा कति तौलसम्म सुन लिएर आउन पाउँछु ?  Effective June 2016, Nepal Government has made changes in the rules as to how much  Gold  can be brought in by a person traveling to Nepal  tax-free . Nepal Government has classified such person traveling to Nepal into four categories: 1) Nepali National who had visited abroad and returned to Nepal. 2) Nepali Crew Members for the airlines. 3) Non-resident Nepalese 4) Foreign National visiting Nepal Nepali National returning to Nepal, Non- resident Nepalese  can bring up to: - 50 grams of Gold Ornaments, - 500 grams of Silver Ornaments, and - Gold and Silvery Jewellery worth up to NRs. 100,000. Foreign National visiting Nepal  can bring up to: - 50 grams of Gold and - 100 grams of Silver Ornaments. Nepali Crew Members for the airlines  cannot bring any other items other than items that have been in personal use. Recently in July 2018, G...

CPA Australia Membership Pathway for Nepalese

Last week I reached out to CPA Australia to know more about how CPA Pathway agreement works for Nepalese Chartered Accountants having membership with the Institute of Chartered Accountants of Nepal. There are a few steps we need to follow to know so that CPA Australia can help us out. I am copying the mail ditto for your reference: Thank you for your email regarding Pathway agreement with Nepalese Chartered Accountants It is great to hear that you are looking to take the next step on your career path by obtaining your CPA designation. We would be happy to support you on your journey. I am happy to inform you that there is indeed such an agreement. There are two pathways:  1. Applicants who have completed ICAN  CAPIII  (examinations) are required to complete: -          Ethics and Governance -          Strategic Man...

NGO Human Resource Management: Nepalese Context

I was   bugged   down by the thought that how challenging is the Human Resource Management (HRM) on NGO setting. I thought of it for a while, talked to different people on the organization, and went through   different   google search. While doing so, I found one nice article written by Bernard C. Nwaiwu, CEO of the CEDE Trust Fund which has worded down all the thoughts I had. I couldn't agree more on the lines below (I have copied it below for your reference, you can go through the following link to read the full article) http://www.cedetf.org/uploads/publications/Legitimacy%20and%20human%20resources%20-%20Exermining%20some%20critically%20management%20challenges%20facing%20NGOs.pdf "Manpower planning is a major HRM challenge for NGO managers, who are saddled with the problem of staff recruitment and development. NGO recruitments are mostly project based. The implication of this is that project staff have a start date and a known end date, which makes it...

What are the Core Objectives of Financial Policy for any country? Present Context

A) Financial inclusion The definition of financial inclusion (FI) varies from country to country depending on national objectives, but it is commonly understood as a way to provide financial services to those who do not have them. FI embraces three core elements: access, usage  and  quality of financial services. The GPFI has defined FI as “a state in which all  working age  adults have effective access to credit, savings, payments, and insurance from formal service providers.”3 Financial inclusion allows the unbanked and underbanked segments of society to join the formal financial system, which ultimately helps to alleviate poverty, promote job security, security and improve livelihoods and advance social empowerment. B) Financial stability The South African Reserve Bank has defined financial stability as the smooth operation of a system of financial intermediation between households, firms and the government through a range of financial institutions. FI an...