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NAs for MEs Training

NAs for MEs Training
Closed

2024-09-24- 2024-09-25
18:30:00- 20:30:00
Remote, Kathmandu
Category:
Training

The Nepal Accounting Standards (NAS) for Micro Entities (MEs) standards were initially approved by the Accounting Standards Board, Nepal, in 2075, and announced by the Institute of Chartered Accountants of Nepal (ICAN) to be effective from 1st Shrawan 2078. However, ICAN later extended the mandatory effective date to 1st Shrawan 2080, making NAS for MEs applicable from the fiscal year 2023-24 (i.e., FY 2080-81).

 

The Nepal Financial Reporting Standard for Small and Medium Entities (NFRS for SMEs) includes many complex requirements that may not be applicable to micro entities, as these entities typically deal with a limited range of transactions compared to those covered by NFRS. If your organization falls under the category of Micro Entity and you are looking to understand the recent updates in NAS specifically tailored for Micro Entities, this training will be beneficial for your transition.

 

 

By participating in this training, Accountants, Accounts officers, Finance officers, Auditors, and aspiring professionals can enhance knowledge of financial reporting standards specific to MEs. This investment in training will support your overall growth and success in a competitive business environment.


 

Course Content

This comprehensive training on "NAS for MEs" is designed to equip micro entities with the necessary knowledge and skills to implement the Nepal Accounting Standard NAS for MEs effectively. The topics covered in the sessions are:   

 

Day 1

  • Introduction and Applicability criteria
  • First time adoption- introduction
  • Property, plant and equipment
  • Employee Benefits

 

Day 2   

  • Investments
  • Transition to NAS for ME
  • Gap analysis
  • Preparation of Financial Statements.

 

Methodology of Training

Below is the basis modality for the delivery of the training:

  • Webinar presentation by Trainer
  • Polls  and Q/A sessions at the end of session to make it more interactive
  • Engaging 

 

Benefits

  • Resource files and template will be provided
  • Soft copy of the Certificate of Participation will be provided. (Training certificate shall be provided within 6 working days upon full attendance)

 

 

To enroll in the training, please CLICK HERE

 

*Payment once made is not refundable.*

 

Tags:
Paid
Virtual
Training
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