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NFRS Implementation

Initial Implementation

PYC & Associates is well versed with the challenges faced by the organizations to report their financial statements in compliance with Nepal Financial Reporting Standards (NFRS). In order to assist such organizations, PYC & Associates has introduced “NFRS Implementation Service” into its service portfolio. PYC & Associates has a separate NFRS Implementation Team who shall provide their inputs in NFRS implementation. The team shall cover-up every aspect of NFRS implementation and also train the employees of the organization regarding its continued compliance.


Post Implementation

In order to smoothen NFRS application in long run, PYC & Associates provides “NFRS Post Implementation Service”. This service is for those organization(s) who are facing problems in continued compliance with NFRS. This service includes an array of services ranging from advisory consultation to periodic reporting of financial statements and their reconciliation.


NFRS Training Programs

Recognizing the need to train the employees for effective implementation and continuance of NFRS reporting, PYC & Associates also organizes “NFRS Training Programs”. Such training programs shall be conducted on need basis of the organization. The program shall be based on practical issues faced by organization in NFRS implementation and their continuance. The program shall be conducted by Accounting Professionals.