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𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄The Nepal Financial Reporting Standards (NFRS) for Small and Medium Enterprises (SMEs) was Initially approved by the Accounting Standards Board, Nepal, in 2075, and later announced by the Institute of Chartered Accountants of Nepal (ICAN) to be optional in FY 2080/81 and mandatory starting from FY 2081/82 (Shrawan 2081). So being ready before the execution of the amended standards will be beneficial in this competitive landscape.
Since the mandatory implementation of these standards can be challenging, this 'NFRS for SMEs' training course is designed to help SMEs fully understand and apply the NFRS in a way that fits their specific needs. The course will explain the complexities of NFRS for SMEs and equip participants with practical knowledge and tools to implement these standards effectively.
Through this training program, Accountants, Accounts officers, Finance Managers, Auditors, and aspiring professionals can enhance their knowledge of financial reporting standards specific to SMEs. This professional development opportunity will support your overall growth and success in a competitive business environment.
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 Financial Reporting Frameworks and NFRS for SMEs.
2. Major gaps upon transition to NFRS for SMEs, including:
a) Property, plant and equipment.
b) Employee benefit expenses
Day 2
1. Accounting for investments and financial instruments
2. Accounting for Exchange Differences
3. Lease accounting
Day 3
1. Deferred taxation
2. First time adoption of NFRS for SMEs
3. Preparation of Financial Statements
𝗠𝗲𝘁𝗵𝗼𝗱𝗼𝗹𝗼𝗴𝘆 𝗼𝗳 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴
- Practical demonstrations using PowerPoint presentations and Excel
- Direct Q/A sessions with the expert trainer to make it more interactive
- Real-life examples and case studies will be used to explain key
concepts.
𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗢𝗽𝘁𝗶𝗼𝗻𝘀
Advance payment prior to attending the training is a must. Payment options include:
- Online payment through the merojob website, bank and QR
- Payment once done is non-refundable.
𝗔𝗳𝘁𝗲𝗿 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗖𝗼𝘂𝗿𝘀𝗲
- All participants will receive Course materials, including but not limited to presentation slides, recordings, Financial Statement Templates and handouts for future reference.
- Recorded videos will be provided, with a validity period of 3 months from the training date.
- A soft copy of the Certificate of Participation will be provided.
(Training certificate shall be provided after completion of training within 6 working days upon full attendance)
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Event Venue
Online event, Kathmandu, Nepal
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