IFRS/NFRS
At DABN, we offer specialized IFRS/NFRS compliance services in Nepal, helping businesses align their financial reporting with national and international accounting standards. As experienced Chartered Accountants, we guide companies through the complex process of implementing Nepal Financial Reporting Standards (NFRS)—the local adaptation of International Financial Reporting Standards (IFRS)—ensuring full compliance with ICAN and regulatory bodies.
Whether you’re a public limited company, financial institution, or growing enterprise, our IFRS/NFRS advisory services are designed to deliver accurate, transparent, and globally recognized financial statements.
🔍 Our IFRS/NFRS Services Include:
NFRS Gap Analysis & Transition Planning
Preparation & Conversion of Financial Statements
Training for Finance Teams & Management
Ongoing Compliance Review & Audit Support
Regulatory Filing Support & Documentation
Industry-Specific Reporting Solutions
Why Choose Us?
✅ Certified Chartered Accountants with NFRS expertise
✅ Deep understanding of Nepal’s regulatory landscape
✅ End-to-end support from planning to reporting
✅ Trusted by leading companies, banks, and NGOs in Nepal
What is IFRS/NFRS?
IFRS stands for International Financial Reporting Standards—a globally accepted set of accounting principles developed by the International Accounting Standards Board (IASB). These standards ensure transparency, consistency, and comparability of financial statements across international borders, making it easier for investors, regulators, and businesses to understand financial information.
In the context of Nepal, NFRS refers to the Nepal Financial Reporting Standards, which are Nepal’s localized version of IFRS. The Institute of Chartered Accountants of Nepal (ICAN) has adopted and issued NFRS in alignment with IFRS to improve the quality and reliability of financial reporting in the country.
Why should we do ?
We should follow IFRS/NFRS to ensure transparent, accurate, and globally comparable financial reporting, which enhances credibility, supports better decision-making, ensures regulatory compliance in Nepal, and attracts both local and foreign investors for sustainable business growth.
What are its Benifits?
Benefits of IFRS/NFRS Compliance
Global Comparability – Enables investors and stakeholders to compare financial statements across borders with ease.
Transparency & Accountability – Promotes clear, honest, and standardized reporting, reducing the risk of fraud or misstatement.
Investor Confidence – Builds trust among local and foreign investors, making it easier to raise capital.
Regulatory Compliance – Fulfills legal requirements set by ICAN, the government of Nepal, and international regulators.
Improved Decision-Making – Provides accurate and consistent financial data for smarter business and investment decisions.
Access to Global Markets – Facilitates international partnerships, listings, and expansions by aligning with global standards.
Enhanced Reputation – Strengthens your brand and credibility in the eyes of stakeholders, auditors, and financial institutions.