Simplify Business And Tax Advisory

OUR SERVICES

STATUTORY ACCOUNTS

Our team of qualified accountants will help you meet the statutory requirements to prepare the company’s annual accounts as per the applicable financial reporting framework and help with filing and meeting statutory deadlines.

TAX AND VAT COMPLIANCE

Taxation can be a bit stressful. We ensure you meet the legal and regulatory obligations around tax, completely and on time, so as to avoid any non-compliance.

BOOKKEEPING

Our team of highly experienced qualified accountants will ensure that your business keeps the accounting records accurately and promptly. As a result, you will be able to have a meaningful management information in the form of management reports and accounts. Our team is specialized in cloud based softwares and is able to manage your book-keeping in the most modern, efficient way possible. Your business’s tax and accounting management is taken care of completely.

COMPANY SECRETARIAL

Our team of experienced accountants expert in Company Law will ensure you meet all your legal obligations towards filing of the required documents to Company Registrar. We also help you with company formation and all company related activities, so you can focus fully on running the business.

FINANCIAL PROJECTIONS

We help you prepare financial projections, budgets and forecasts in order to meet internal and external requirements.

ACCOUNTING SYSTEMS

We specialize in cloud based accounting softwares like Xero, Quickbooks, Microsoft Navision, Kashflow, Sage etc. We are a registered Xero partner in Nepal and help clients with improving their accounting systems by keeping the records easily and effortlessly in the cloud. Contact us to discuss your business’s needs today.

AUDIT & ASSURANCE SERVICES

We provide audit & assurance service to our client based on standards on auditing, legal provision and industry best practice. In addition, our professional team will provide best recommendation and suggestion for future course of business.

Chartered accountancy (ACCA)

ACCA is the global CA. A UK based programme which gives you the liberty to practice accounting in Nepal as well as overseas, All over the world. It is recognized in Canada, Singapore, UAE and over 180 countries. Industry giants like The Big4, Credit Suisse, Goldman Sachs and many more are actively hiring ACCAs because of their commendable skill sets.

Professional Accounting Technician (PAT)

It’s a accounting technician course developed by our team aimed to produce manpower with one of the most sought skill set in domestic as well as international business market. The course consists both theoretical as well as on the job trainings. Detailed course structure is presented below: Annexure- 1) Course Structure in Detail 1) Taxation • Sources of Income for Government • Types of Taxes and underlying assumptions • Taxation system in Nepal • VAT: ▪ Concept, Global Approaches & Theoretical Framework of VAT system in Nepal ▪ Concept of Taxable Items, Exempt Items & Zero rated Items ▪ Compliance: Recording (Accounting), Reporting and payment of VAT under Nepalese law ▪ Consequences of Non-compliance:  Financial  Non-Financial ▪ Common errors & weaknesses from the viewpoint of checker/Auditors ▪ Precautions & References ▪ ELECTRONIC BILLING: Concept, Purpose, Procedures & Precautions • Income Tax: ▪ Concept, Global Approaches & Theoretical Framework of IT system in Nepal ▪ Taxable Incomes: I) Calculation, II) Accounting, III) Reporting, & IV) Payment ▪ Business Income ▪ Employment Income ▪ Investment Income ▪ Others: Windfall Gain, Inheritance Income etc. • TDS ▪ Consequences of Non-compliance:  Financial:  Non-Financial: ▪ Common errors & weaknesses from the viewpoint of checker/Auditors ▪ Precautions & references • Exercise Tax: Concept (Underlying Assumptions), and Laws & Practices In Nepal • Customs Duty: Concept (Underlying Assumptions), and Laws & Practices In Nepal 2) Accounting • Conceptual framework: concepts • Accounting principles, assumptions, • Recording-Rule of Debit Credit • Ledger posting • Preparation and Interpretation of Trial Balance, Balance Sheet (SOFP), Profit & Loss Expenses (SOCI), Cash Flow Statement and Notes to Accounts • Bank reconciliation statement • Payroll accounting • Stock accounting • Budgetary Control: A backbone of Internal Control • Other Industry Specific accounting implications 3) Technology: Emerging changes, Impact for businesses • Microsoft Excel • Comprehensive training on BUSY ERP (Accounting Software) APPROVED by IRD, Nepal • IT Training: 30 Hrs (Database Management System/ERPs/Computer Aided Audit Techniques/Accounting theoretical teaching/training software other than ERP) • Global Trend: Technology in Accounting 4) Professional Ethics & Professional Development • Professional Ethics for Accountants/Auditors & Ethical Standards • Resume (CV/Bio-Data), Covering Letter & Job Interview preparation, • After Training Job Placement Opportunity 5) General Overview of Financial Market, Auditing, Management Accounting, Corporate & Other Laws, 6) English Language 7) General Management & Communication Skill Training/ Personal Grooming (Interpersonal & Management Skills)

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