Course
Content
This comprehensive training on "NFRS for SMEs" is designed to equip small and medium enterprises with the necessary knowledge and skills to implement the Nepal Financial Reporting Standards (NFRS) for SMEs effectively. The topics covered in the sessions are:
Day 1
1. Introduction to NFRS based financial reporting framework.
2. Categorization thresholds for large entities, SMEs and MEs.
3. Major gaps upon transition to NFRS including:
a) Property, plant and equipment.
b) Employee benefit expenses
Day 2
3. Major gaps upon transition to NFRS including:
c) Financial instruments
d) Taxation
e) Foreign exchange transactions.
4. Challenges on NFRS implementation and the way out.
5. First time adoption guidelines.
Methodology of Training
Below is the basis modality for the delivery of the training:
· Webinar presentation by Trainer
· Interactive Activities through Polls and Q/As
Benefits
SME owners, Finance Managers, Finance Officers, Accountants, Auditors of SMEs and Aspirant Individuals who wants to make career in Accounting
Mr. Prabin Baral
(Fellow Chartered Accountant (FCA))
Mr. Prabin
Baral is a highly accomplished professional with a wealth of expertise in
accounting and finance. Holding the esteemed designation of Chartered Accountant
from both the Institute of Chartered Accountants of India (ICAI) and the
Institute of Chartered Accountants of Nepal (ICAN), Mr. Prabin brings a
strong foundation of knowledge and skills to his practice. Additionally, he
holds a Bachelor of Commerce degree from Indira Gandhi National Open University
(IGNOU), further solidifying his academic credentials.
Mr. Prabin's
expertise extends beyond his role at B.P. Associates, as he actively
contributes as a resource person for numerous prestigious organizations. He has
lent his insights and knowledge to entities such as the Institute of Chartered
Accountants of Nepal, the Ministry of Finance, the Public Expenditure and
Financial Accountability (PEFA) Secretariat, and Auditors Associations of Nepal.
Through his training sessions and consultations, Mr. Prabin has played a
pivotal role in shaping the financial landscape and empowering professionals to
navigate complex financial environments effectively.