+9779801074002

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NFRS Training for Accountants

Nepal Financial Reporting Standards (NFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable within Nepal.

300 Students

264 Lectures

CA Bipin Lamsal

Instructor

What Will You Learn?

NAS 1 – Presentation of Financial Statements

NFRS 15 – Revenue from Contracts with Customers

NAS 2 – Inventories

NAS 19 – Employee Benefits

NFRS 16 – Leases

NAS 23 – Borrowing Costs

NAS 21 – The Effects of Changes in Foreign Exchange Rates

NAS 16 – Property, Plant and Equipment

NAS 40 – Investment Property

NAS 38 – Intangible Assets

NAS 41 – Agriculture

NAS 36 – Impairment of Assets

NFRS 5 – Non-current Assets Held for Sale & Discontinued Operations

NAS 37 – Provisions, Contingent Liabilities & Contingent Assets

NAS 20 – Accounting for Government Grants & Disclosure of Government Assistance

NAS 8 – Accounting Policies, Changes in Accounting Estimates & Errors

NAS 10 – Events after the Reporting Period

NAS 12 – Income Taxes

NAS 24 – Related Party Disclosures

NAS 7 – Statement of Cash Flows

NFRS 1 – First-time Adoption of International Financial Reporting Standards

About this Course

NFRS Page 1 illustration

Requirements

Prior Experience in Accounting

Laptop/Computer with Internet

FAQ

Check the frequently asked questions about this course.

How long do I have access to the course content?

Once you enroll, you will have access to all course videos, ZOOM class recordings, and learning resources for 1 year. You can log in to our website and access these materials at any time during this period.

Is there a limit on how many times I can watch the videos?

No, there is no view limit. You can watch the course videos and recordings as many times as you need within your 1-year access period.

What if I miss the live ZOOM classes or enroll after the batch starts?

Don't worry! You can instantly watch the recordings of the classes you missed. Additionally, if you want the live experience, you can message us to join a future ZOOM batch completely free of cost (within your 1-year valid period).

What happens when my course access expires after 1 year?

If your course expires and you wish to continue learning, we offer a renewal benefit. You can re-enroll in the same course with a 50% discount on the course fee. This renewal grants you another full year of access and allows you to join one full batch of live ZOOM classes again.

Will I receive a certificate after completing the course?

Yes, after completing the course, you need to take an assessment test on our website. You will receive the certificate if you score 70% or higher. (You'll have 10 attempts) Certificates are provided in digital format and can be downloaded directly from your account upon meeting the course requirements.

CA Bipin Lamsal

(12)

16 Courses

5082 Students

CA Bipin Lamsal is a qualified Chartered Accountant who completed his CA from ICAI, India in 2017. With extensive experience in Corporate Finance and Financial Reporting gained from his time at Deloitte, one of the Big Four consulting firms, Bipin returned to Nepal to co-found Khata Business Academy. He is also the mastermind behind several other courses at KBA, such as Practical Accounting Course, Financial Reporting Course, QuickBooks Online & XERO Accounting Course. His expertise and passion for teaching make his courses both insightful and practical.

Curriculum Overview

This course includes 26 modules, 264 lessons, and 0 hours of materials.

Zoom Session Recordings

27 Parts

Practical NFRS Orientation

Free

Volume -

Play

Session 01 Starting with NFRS for Accountant

Free

Volume -

Play

Session 02: Starting with Financial Statement

Volume -

Session 03: Financial Statement part-2

Volume -

Session 04 NFRS 15 – Revenue from Contracts with Customers

Volume -

Session 05: NFRS 15 – Practice

Volume -

Session 06 NAS 2 - Inventories

Volume -

Session 07 Concluding with NAS-2 Inventories

Volume -

Session 08: Concluding with NAS-2 Inventories part-2

Volume -

Session 09 NAS 16 – Property, Plant and Equipment

Volume -

Session 10 NAS 16 – Property, Plant and Equipment Part-2

Volume -

Session 11 NAS 16 – Property, Plant and Equipment Part-3

Volume -

Session 12: Starting with NAS 40 – Investment Property

Volume -

Session 13 NAS 40 – Investment Property Part-2

Volume -

Session 14 NAS 38 – Intangible Assets & NAS 23 – Borrowing Costs

Volume -

Session 15 NAS 23 – Borrowing Costs & NAS 36 – Impairment of Assets

Volume -

Session 16 : NAS 36 : Impairment Of Assets

Volume -

Session 17 NFRS 16 Leases

Volume -

Session 18: Practicals on NFRS 16 Lease Accounting

Volume -

Session 19 – Concluding with NFRS 16 Lease Accounting

Volume -

Session 20 : NAS 37 – Provisions, Contingent Liabilities and Contingent Assets

Volume -

Session 21 : NAS 10 – Events After The Reporting Period

Volume -

Session 22 NAS 21 - The Effects of Changes in Foreign Exchange Rates

Volume -

Session 23 : Miscellaneous Standards

Volume -

Session 24 Miscellaneous Standards Part 2

Volume -

Session 25 : NAS 12 - Income Taxes

Free

Volume -

Play

Session 26 : NAS 12 - Income Taxes II

Volume -

Downloadable NFRS Resources

8 Parts

NAS for MEs eBook

Disclaimer: This eBook has been downloaded from the official website of ASB Nepal (https://asbnepal.gov.np), where it is freely available for public access and download. All rights and content remain the property of ASB Nepal.

Volume 35 MB

NFRS for SMEs eBook

Volume 145 MB

NAS for NPOs eBook

Volume 31 MB

NFRS Format by ICAN

Volume 10.13 MB

NAS for MEs Format by Khata Academy

Volume 1.1 MB

NFRS for SMEs Format by Khata Academy

Volume 0.89 MB

NFRS Complete Blank Format

Volume 1.91 MB

NFRS Format for 1st Time Implementation (81-82)

Volume 3.5 MB

01. Introduction to NFRS

5 Parts

1.1 Introduction & Applicability of NFRS

Volume -

1.2 Scope & Authority of NFRS

Volume -

1.3 Financial Statement as per NFRS

Volume -

1.4 Types of NAS Part -1

Volume -

1.5 Types of NAS Part- 2

Volume -

02. Understanding Financial Statement

7 Parts

2.1 Overview of Statement of Financial Position

Volume -

2.2 Relative NAS For Non-Current Assets

Volume -

2.3 Relative NAS For Current Assets

Volume -

2.4 Overview of Profit & Loss and OCI

Volume -

2.5 Related NAS for Statement of Profit & Loss and OCI

Volume -

2.7 Relative NAS For Liabilities

Volume -

2.6 Overview of Statement of Cashflow & Change in Equity

Volume -

03. NFRS 15 – Revenue from Contracts with Customers

12 Parts

3.1 Introduction to Revenue from Contracts with Customers

Volume -

3.2 Five Steps Model for Revenue Recognition

Volume -

3.3 Contract and Performance Obligation

Volume -

3.4 Determining The Transaction Price

Volume -

3.5 Allocation of the Transaction Price and Discount

Volume -

3.6 NFRS 15- Recognizing Revenue as Each Performance Obligation & Measuring Progress

Volume -

3.7 Case Related To Allocation

Volume -

3.8 Case Related to Allocation (Sale of Software)

Volume -

3.9 Case Related to Variable Consideration (Product Sales)

Volume -

3.10 Case Related to Variable Consideration (Service Sales)

Volume -

3.11 Case Related to Warranty Provision

Volume -

Download: NFRS 15 Revenue Practice File

Volume 0.08 MB

04. NAS 2 - Inventories

10 Parts

4.1 Introduction to Inventories & Cost of Inventories

Volume -

4.2 Case Related to Cost of Production

Volume -

4.3 Allocation of Variable Overhead & Related Case Study

Volume -

4.4 Case Related to Normal & Abnormal Loss

Volume -

4.5 Allocation of Fixed Overhead & Related Case Study

Volume -

4.6 Inventory- Discussion of Other Costs

Volume -

4.7 Overview of Net Realizable Value & Fair Value

Volume -

4.8 Overview of Inventory Valuation Method

Volume -

4.9 Allocation of Joint Products & By- Products

Volume -

Download: NAS 2 Inventories Practice File

Volume 0.07 MB

05. NAS 16 - Property, Plant & Equipment

10 Parts

5.1 Introduction to Property, Plant and Equipment

Volume -

5.2 Case Related to Initial Recognition of PPE

Volume -

5.3 Briefing About Subsequent Cost & Related Case

Volume -

5.4 Overview of Depreciation Method

Volume -

5.5 Understanding PPE Revaluation

Volume -

5.6 Case Study Related To Subsequent Fair Value(Revaluation Gain)

Volume -

5.7 Case Study Related To Subsequent Fair Value(Revaluation Loss)

Volume -

5.8 Calculation of Depreciation Using Different Methods

Volume -

5.9 Concept of Derecognition & Relative Case Study

Volume -

Download: NAS 16 & 40 Practice File

Volume 2.07 MB

06. NAS 40 – Investment Property

4 Parts

6.1 Introduction to Investment Property

Volume -

6.2 Recognition of Investment Property

Volume -

6.3 Case Related To Investment Property

Volume -

Download: NAS 16 & 40 Practice File

Volume 2.07 MB

07. NAS 23- Borrowing Costs

7 Parts

7.1 Introduction To Borrowing Costs

Volume -

7.2 Explanation of Phases of Capitalization

Volume -

7.3 Overview of Loan Repayment Schedule

Volume -

7.4 Case Related To Capitalization

Volume -

7.5 Case Related to Non-Current Loan & Suspension

Volume -

7.6 Case Related to Weighted Average Method

Volume -

Download: NAS 23 Practice File

Volume 0.08 MB

08. NAS 38 – Intangible Assets

9 Parts

8.1 Introduction to Intangible Assets

Volume -

8.2 Control and Recognition of Intangible Assets

Volume -

8.3 Methods of Acquiring Intangible Assets

Volume -

8.4 Introduction to Internally Generated Intangible Assets

Volume -

8.5 Introduction to Revaluation of Intangible Assets

Volume -

8.6 Briefing About Useful Life of Intangible Assets

Volume -

8.7 Case Related to Separately Acquired & Exchange of Intangible Assets

Volume -

8.8 Case Related to Internally Generated Intangible Assets

Volume -

Download: NAS 38 Practice File

Volume 0.1 MB

09. NFRS 5 – Non-current Assets Held for Sale and Discontinued Operations

4 Parts

9.1 Introduction to Non-current Assets Held for Sale

Volume -

9.2 Key Concepts of Non-current Assets Held for Sale

Volume -

9.3 Case Related to Held For Sale & Disposal Group

Volume -

Download: NAS 5 Practice File

Volume 2.04 MB

10. NFRS 16 – Leases

10 Parts

10.1 Introduction to Leases

Volume -

10.2 Classification of Leases

Volume -

10.3 Indicator of Financial Lease

Volume -

10.4 Accounting in Operating Lease

Volume -

10.5 Case Study Related to Operating Lease(Lessee)

Volume -

10.6 Case Related to Operating Cost(Lessor)

Volume -

10.7 Case Related to Financial Lease (Lessee)- Part 1

Volume -

10.8 Case Related to Financial Lease (Lessee)- Part 2

Volume -

10.9 Case Related to Financial Lease (Lessee)- Account Payable at Start

Volume -

Download: NFRS 16 Practice File

Volume 0.09 MB

11. NAS 36 – Impairment of Assets

8 Parts

11.1 Introduction to Impairment of Assets

Volume -

11.2 Theoretical Concept of Calculation of Impairment Loss

Volume -

11.3 Treatment of Impairment Loss

Volume -

11.4 Case Related to Initial Recognition of Impairment Loss & Indicators for Loss

Volume -

11.5 Introduction to Cash Generating Unit (CGU)

Volume -

11.6 Impairment Testing of CGU & Related Case

Volume -

11.7 Concept of Reversal of Impairment Loss & Related Case Study

Volume -

Download: NAS 36 Practice File

Volume 0.07 MB

12. NAS 37 – Provisions, Contingent Liabilities and Contingent Assets

6 Parts

12.1 Introduction to Provisions, Contingent Liabilities & Contingent Assets

Volume -

12.2 Changes in Provision & Case Related to Provision Recognition

Volume -

12.3 Introduction to Contingent Liabilities & Assets

Volume -

12.4 Case Related to Contingent Liability & Asset

Volume -

12.5 Case Related to Reversal of Provision

Volume -

Download: NAS 37 Practice File

Volume 0.07 MB

13. NAS 21 – The Effects of Changes in Foreign Exchange Rates

5 Parts

13.1 Introduction to The Effects of Changes in Foreign Exchange Rate

Volume -

13.2 Introduction & Recognition to Monetary & Non-Monetary Items

Volume -

13.3 Case Related to Basics of Foreign Exchange

Volume -

13.4 Case Related to Monetary & Non Monetary Transaction & Revaluation

Volume -

Download: NAS 21 Practice File

Volume 0.07 MB

14. NAS 20 – Accounting for Government Grants and Disclosure of Government Assistance

6 Parts

14.1 Introduction to Government Grants

Volume -

14.2 Presentation of Grants Related to Income

Volume -

14.3 Case Study of Grant Related to Assets

Volume -

14.4 Case Study of Grant Related to Expense & Expense Proportionate

Volume -

14.5 Case Related to Non Monetary Grant

Volume -

Download: NAS 20 Practice File

Volume 0.08 MB

15. NAS 10 – Events after the Reporting Period

4 Parts

15.1 Introduction to Events After Reporting Period

Volume -

15.2 Introduction to Adjusting & Non Adjusting Events

Volume -

15.3 Cases Related to Identification of Adjusting & Non Adjusting Events

Volume -

15.4 Introduction to Dividend & Going Concern

Volume -

16. NAS 24 – Related Party Disclosures

4 Parts

16.1 Introduction to Related Party Disclosures

Volume -

16.2 Conditions To Be Related to Reporting Party

Volume -

16.3 Introduction to Disclosure

Volume -

Download: NAS 24 Practice File

Volume 0.01 MB

17. NAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors

5 Parts

17.1 Introduction to Accounting Policies, Changes in Accounting Estimates & Errors

Volume -

17.2 Selection & Application of Accounting Policies

Volume -

17.3 Introduction to Retrospective Change

Volume -

17.4 Changes in Accounting Estimates

Volume -

17.5 Introduction to Errors & Correction of Errors

Volume -

18. NAS 12 – Income Tax

8 Parts

18.1 Introduction to Tax

Volume -

18.2 Introduction to Current & Deferred Tax

Volume -

18.3 Case Study -Depreciation on Purchase of Asset

Volume -

18.4 Case Study - Depreciation on Purchase of Assets (Days basis)

Volume -

18.5 Case Study - Repair Expense

Volume -

18.6 Case Study - Yearly Calculation of Depreciation

Volume -

18.7 Case Study - Depreciation of Multiple Assets & Revaluation

Volume -

Download: NAS 12 Practice File

Volume 0.09 MB

19. NAS 19 – Employee Benefits

6 Parts

19.1 Introduction to Employee Benefit

Volume -

19.2 Introduction And Entry of Short Term Employee Benefit

Volume -

19.3 Introduction And Entry of Post Employee Benefit (Contribution Related Case)

Volume -

19.4 Introduction and Entry of Post Employee Benefit (Gratuity & Leave Encashment Related Case)

Volume -

19.5 Introduction to Termination & Other Long Term Employee Benefits

Volume -

Download: NAS 19 Practice File

Volume 0.02 MB

20. NAS 41- Agriculture

4 Parts

20.1 Introduction to NAS 41- Agriculture

Volume -

20.2 Difference Between Bearer Plant & Agricultural Produce And Some Core Definitions

Volume -

20.3 Recognition, Measurement Principle And Recognition of Profit

Volume -

20.4 Government Grants, Presentation in Financial Statement & Disclosure Requirement With Example

Volume -

21. NFRS 1 – First-time Adoption of International Financial Reporting Standards

26 Parts

21.1 Introduction to First Time Adoption of NFRS

Volume -

21.2 Steps to Prepare Financial Statement

Volume -

21.3 Overview of Financial Statement Format

Volume -

21.4 Example of Schedule of Balance Sheet

Volume -

21.5 Restating the Assets of FY 2079-80 Balance Sheet

Volume -

21.6 Restating the Liabilities of FY 2079-80 Balance Sheet

Volume -

21.7 Calculation of Exchange Difference For FY 2079-80

Volume -

21.8 Restating Fixed Assets for FY 2080-81

Volume -

21.9 Restating Current Assets For FY 2080-81

Volume -

21.10 Restating Liabilities for FY 2080-81

Volume -

21.11 Calculation of Exchange Difference For FY 2080-81

Volume -

21.12 Entry of Expenses on Profit & Loss Account

Volume -

21.13 Working Note For Deferred Tax For FY 2080-81

Volume -

21.14 Working Note For Retained Earning & Entry in Balance Sheet

Volume -

21.15 Entry of Transactions in Profit & Loss Account For FY 2081-82

Volume -

21.16 Case Study Related to Lease of Land (Operating Lease)

Volume -

21.17 Case Study Related to Lease Of Vehicle (Finance Lease)

Volume -

21.18 Calculation of Exchange Difference for FY 2081-82

Volume -

21.19 Entry of Purchase Detail of Fixed Assets Purchased for FY 2081-82

Volume -

21.20 Entry of Depreciation of Fixed Assets for FY 2081-82

Volume -

21.21 Calculation of Building WIP (Borrowing Cost Concept)

Volume -

21.22 Entry of Remaining Items in Balance Sheet From Trial Balance

Volume -

21.23 Working Note For Deferred Tax For FY 2081-82

Volume -

21.24 Calculation of Current Tax for FY 2081-82

Volume -

Download: Implementation Working File

Volume 3.5 MB

Download: NFRS for SMEs Format (Updated)

Volume 0.89 MB

22. Practical Implementation of NAS For MEs

22 Parts

22.1 Overview of Financial Statements For MEs

Volume -

22.2 Overview of Schedules Used in Financial Statements

Volume -

22.3 Discussion on Fixed Assets Schedule

Volume -

22.4 Depreciation on Fixed Assets

Volume -

22.5 Depreciation & Impairment Loss of PPE

Volume -

22.6 Overview Fixed Assets Schedule of FY 2080-81

Volume -

22.7 Concept of Fixed Assets Register

Volume -

22.8 Fixed Assets Register 80-81 Using AI

Volume -

22.9 Fixed Assets Register 81-82 With Sales

Volume -

22.10 Concept of Lease Liability & Right of Use Assets(Lessee Case)

Volume -

22.11 Concept of Lease Liability & Right of Use Assets(Finance Cost)

Volume -

22.12 Entry of FA Register For FY 2080-81

Volume -

22.13 Entry of Current & Other Assets For FY 2080-81

Volume -

22.14 Entry of Equity & Long Term Liabilities

Volume -

22.15 Entry of Current Liabilities & Profit & Loss For FY 2080-81

Volume -

22.16 Entry of Exchange Difference of FY 2079-80

Volume -

22.17 Tallying Balancesheet And P&L Statement of FY 2080-8122.17 Tallying Balancesheet And P&L Statement of FY 2080-81

Volume -

22.18 Entry of FA Register For FY 2081-82

Volume -

22.19 Entry of Liabilities For FY 2081-82

Volume -

22.20 Entry of Profit & Loss Items For FY 2081-82

Volume -

Download: NAS for MEs Working File

Volume 1.1 MB

Certification Test

Questions 10

Duration 30 Minutes

Passing Grade 70/100

Total Grade 100

Attempts 0/

Previous Batch Recordings

25 Parts

Session 01 Nepal Financial Reporting Standard

Free

Volume -

Play

Session 02 NFRS Based Presentation

Volume -

Session 03 NFRS 15 – Revenue from Contracts with Customers

Volume -

Session 04 NAS 2 – Inventories

Volume -

Session 05 Practice on NAS 2 Inventories

Volume -

Session 06 Starting with NAS 16 – Property, Plant and Equipment

Volume -

Session 07 NAS 16 – Property, Plant and Equipment part-2

Volume -

Session 08 Concluding PPE & NAS 40

Volume -

Session 09 NAS 38 – Intangible Assets & NAS 36 – Impairment of Assets

Volume -

Session 10 NAS 36 – Impairment of Assets & PPE Practice

Volume -

Session 11 Numerical Practice & Leases

Volume -

Session 12 NFRS 16 – Leases & NAS 21 – Foreign Exchange Rates

Volume -

Session 13: NAS 12 Income Tax

Free

Volume -

Play

Session 14: NAS 21 and NAS 8

Volume -

Session 15: NAS 37 and NAS 10

Volume -

Session 16: Concluding with NAS 12 – Income Taxes

Volume -

Session 17: First Time Implementation Part-1

Volume -

Session 18: First Time Implementation Part-2

Volume -

Session 19 First Time Implementation Part-3

Volume -

Session 20: First Time Implementation Part-4

Volume -

Session 21: NFRS for MEs

Volume -

Session 22 NAS for MEs Part-2

Volume -

Session 23 Concluding with NAS for MEs

Volume -

Session 24 Concluding with NAS for MEs Part-2

Volume -

NAS 41 – Agriculture

Free

Volume -

Play

Instructor's Content

22 Parts

Introduction to NFRS

Volume 5 MB

NAS 1 - Presentation of Financial Statement

Volume 5 MB

NFRS 15 – Revenue from Contracts with Customers

Volume 5 MB

NAS 2 - Inventories

Volume 5 MB

NAS 19 - Employee Benefits

Volume 5 MB

NFRS 16 - Lease

Volume 5 MB

NAS 23 - Borrowing Costs

Volume 5 MB

NAS 21 - The Effect of Change in Foreign Exchange Rates

Volume 5 MB

NAS 16 - Property, Plant and Equipment

Volume 5 MB

NAS 40 - Investment Property

Volume 5 MB

NAS 38 - Intangible Assets

Volume 5 MB

NAS 41 - Agriculture

Volume 5 MB

NAS 36 - Impairment of Assets

Volume 5 MB

NFRS 5 - Non-Current Assets Held for Sale & Discontinued Operations

Volume 5 MB

NAS 37 - Provisions, Contingent Liabilities, & Contingent Assets

Volume 5 MB

NAS 20 - Accounting for Government Grants & Disclosure of Government Assistance

Volume 5 MB

NAS 8 - Accounting Policies, Changes in Accounting Estimates, & Errors

Volume 5 MB

NAS 10 – Events after the Reporting Period

Volume 5 MB

NAS 12 - Income Taxes

Volume 5 MB

NAS 24 - Related Party Disclosures

Volume 5 MB

NAS 7 - Statement of Cash Flows

Volume 5 MB

NFRS 1 - First-time Adoption of NFRS

Volume 5 MB

Certificates

2 Parts

Certificate

Quiz Certificate

You will receive this certificate after passing the “Certification TestZ” quiz.

Type Quiz Certificate

Passing Grade 70/100

Course Certificate

If you pass all the lessons in this course, you will receive this certificate.

Type Course Certificate

Please log in to leave a comment.

Shyam prasad Regmi

Student

6 Sep 2025

on time chhutirako xa previous class also not open so

Sujan Shah

Admin

7 Sep 2025

Open hunchha sabai recordings, kei problem face garnu vayeko chha vane hamilai call garnu hola 9801074002 or message us on WhatsApp

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This Course Includes

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Course Specifications

Sections

Lessons

264

Capacity

Unlimited

Duration

40:00 Hours

Students

300

Access Duration

366 Days

Created Date

3 Apr 2025

Updated Date

16 Apr 2026

CA Bipin Lamsal

(12)

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NFRS Training for Accountants

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CA Bipin Lamsal

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