Accounting, Taxation & Advisory
- Statutory Audit : We conduct statutory audits as mandated by prevailing laws and regulations to express an independent opinion on whether the financial statements present a true and fair view of the entity’s financial position and performance. Our audits are performed in accordance with applicable auditing standards and regulatory guidelines.
- Internal Audit (Including Outsourced and Co-sourced Engagements) :We provide internal audit services either on a fully outsourced basis or through co-sourcing arrangements with in-house audit teams. Our internal audit function focuses on evaluating internal controls, risk management processes, operational efficiency, and compliance with internal policies and regulatory requirements.
- Review Engagements: Our review engagements provide limited assurance on financial statements through analytical procedures and inquiries. These engagements are suitable for entities seeking independent validation of financial information without the scope and depth of a full audit.
- Forensic Audit and Investigation: We undertake forensic audits and investigations to identify, analyze, and document instances of fraud, financial irregularities, misappropriation, or misconduct. Our services support management, boards, regulators, and legal counsel in dispute resolution, litigation, and regulatory inquiries.
- Management Audit: Our management audit services evaluate the effectiveness and efficiency of managerial decisions, organizational structure, and operational performance. The objective is to identify gaps, improve productivity, and support better strategic and operational decision-making.
- Internal Control Systems Review: We review and assess the adequacy and effectiveness of internal control systems over financial reporting and operations. Our recommendations help strengthen control environments, reduce risks, and improve governance frameworks.
- Compliance Review: We perform compliance reviews to assess adherence to applicable laws, regulations, accounting standards, contractual obligations, and internal policies. The review helps organizations identify compliance gaps and mitigate regulatory and operational risks.
- Corporate Governance Advisory: We assist organizations in strengthening corporate governance practices by advising on board structures, policies, reporting frameworks, and governance mechanisms in line with regulatory expectations and best practices.
- Diagnostic Review: Our diagnostic reviews provide a high-level assessment of financial health, operational performance, and risk areas of an organization. These reviews are often used in turnaround situations, restructuring, investment decisions, or pre-due diligence assessments.
Tax Advisory and Planning: We provide strategic tax advisory and planning services to help clients structure transactions, operations, and investments in a tax-efficient manner while ensuring full compliance with applicable tax laws. Our advisory focuses on minimizing tax risks and improving long-term tax efficiency.
Tax Compliance and Return Filing (Income Tax, VAT, TDS):We assist clients in timely and accurate preparation and filing of tax returns, including Income Tax, Value Added Tax (VAT), and Tax Deducted at Source (TDS). Our services ensure compliance with statutory requirements, reduce exposure to penalties, and support smooth interaction with tax authorities.
Value Added Tax (VAT) Consulting: Our VAT consulting services cover registration, classification, input tax credit optimization, VAT return filing, and handling VAT audits and assessments. We support businesses in managing VAT efficiently and resolving VAT-related issues with tax authorities.
Non-Resident Taxation Advisory: We advise non-resident individuals and entities on taxation matters in Nepal, including withholding tax obligations, permanent establishment exposure, double taxation avoidance agreements (DTAA), and repatriation of income. Our services help ensure regulatory compliance and tax efficiency for cross-border transactions.
Expatriate Taxation Advisory:We provide specialized tax advisory services to expatriates working in Nepal, covering tax residency determination, salary structuring, tax return filing, and employer compliance obligations. Our approach ensures compliance while optimizing personal tax positions.
Accounting and Bookkeeping Services:We provide end-to-end accounting and bookkeeping services, including maintenance of books of accounts, journal entries, reconciliations, and periodic financial reporting. Our services ensure accuracy, consistency, and compliance with applicable accounting standards and statutory requirements.
Outsourced Accounting:We offer fully outsourced accounting solutions for businesses that prefer to focus on core operations while delegating accounting functions to professionals. Our outsourced services are cost-effective, scalable, and supported by strong internal controls and reporting mechanisms.
Payroll Management and Outsourcing:We manage payroll processing, salary calculations, statutory deductions, tax compliance, and payroll reporting. Our payroll services ensure confidentiality, accuracy, timely payments, and compliance with labor laws, tax regulations, and social security requirements.
Preparation and Implementation of Financial Manuals:We assist organizations in preparing and implementing financial and accounting manuals, including policies and procedures for accounting, budgeting, procurement, authorization, and internal controls. These manuals help standardize processes, strengthen governance, and improve compliance and accountability.
Company Law Advisory and Compliance:We provide advisory services on company law matters, including compliance with the Companies Act and applicable regulations. Our services help clients understand statutory obligations, implement compliance frameworks, and address ongoing corporate governance requirements.
Business Entity Structuring Advice:We advise clients on selecting and structuring appropriate business entities—such as private limited companies, public companies, partnerships, or other structures—based on legal, tax, operational, and regulatory considerations.
Company Incorporation and Registration:We assist in end-to-end company incorporation and registration, including name reservation, preparation of incorporation documents, coordination with regulatory authorities, and obtaining necessary registrations and approvals.
Maintenance of Statutory Records and Registers:We maintain statutory registers and records, including registers of members, directors, share capital, and minutes of meetings, in compliance with legal and regulatory requirements.
Filing of Statutory Forms and Returns with Regulatory Bodies:We prepare and file statutory forms, returns, and disclosures with the Office of the Company Registrar and other relevant regulatory bodies, ensuring timely compliance and minimizing the risk of penalties.
- NFRS / IFRS Advisory and Conversion Services: We assist organizations in the adoption, conversion, and implementation of Nepal Financial Reporting Standards (NFRS) and International Financial Reporting Standards (IFRS). Our services include gap analysis, impact assessment, accounting policy development, restatement of financial statements, and hands-on implementation support to ensure smooth transition and ongoing compliance.
- Sustainability (ESG) Reporting and Assurance Advisory:We support organizations in developing and implementing Environmental, Social, and Governance (ESG) and sustainability reporting frameworks. Our advisory covers materiality assessment, ESG metrics identification, reporting framework selection, and readiness for independent assurance, helping organizations meet stakeholder expectations and regulatory trends.
- Professional Training and Seminars:We design and deliver customized professional training programs and seminars on accounting, auditing, taxation, compliance, and financial management. Our training programs are tailored for corporate teams, management, finance professionals, and regulatory-focused institutions, with a strong emphasis on practical application and regulatory updates.
