Accounting
With the increase in complexity of the business environment and transactions, financial reporting is becoming increasingly challenging. This challenge is amplified by the significant changes being envisaged in the financial reporting standards in many jurisdictions. Numerous companies are also seeking to improve their processes to achieve timely and accurate financial reporting.
EDC-Nepal Advisory Services practice comprises of a dedicated team providing accounting and financial reporting advice and support to member firms' audit and non-audit clients on a wide range of transactions and events, including adherence to new or revised accounting standards and effective management of the financial reporting processes.
In the world of an ever-evolving accounting environment, our experienced team of professionals ensures that your financial reporting obligations are fulfilled. EDC has considerable knowledge across all forms of financial reporting, including the Neplease Accounting Standard (NAS) & International Financial Reporting Standards (IFRS).
In the world of an ever-evolving accounting environment, our experienced team of professionals ensures that your financial reporting obligations are fulfilled. EDC has considerable knowledge across all forms of financial reporting, including the Neplease Accounting Standard (NAS) & International Financial Reporting Standards (IFRS).
Our expertise
- Bookkeeping
- Preparation of financial statement
- Budget Preparation and analysis.
- Payroll Preparation and management.
- Inventory management.
- Bank Reconciliation.
- Maintenance of fixed assets Register.
- Analysis and Reporting of Financial data.
Risk Assurance and Internal Audit
EDC provides a range of risk assurance services to assess the organizational risk as well as risks related to different operational areas of an organization. Internal audit not only helps an organization improve its compliance with internal policies, procedures, plans, and strategies but also assists in identifying areas of cost savings, improving operational efficiencies and effectiveness. Internal audit includes testing internal control, detecting and preventing fraud, and monitoring compliance with company policy and applicable laws. Our expertise in internal audit enables us to understand risks, connect risks and governance, and guide the management and board of directors with appropriate measures that contribute achievement of organization objectives by optimizing performance.
Our expertise
- Management Audit
- INGO/NGO/Fund based audit
- Labor Audit
- Information System audit
