Welcome to the “NFRS for Accountants” webinar! This course is designed to provide you with a basic understanding of Nepal Financial Reporting Standards (NFRS). Whether you’re new to accounting or looking to refresh your knowledge, this webinar will help you grasp the fundamentals of NFRS in a simple and accessible way.

What will you learn?

1. Introduction to NFRS: You will learn what NFRS is, why it is used globally, and how it contributes to transparent and comparable financial reporting across countries.

2. Basic NFRS Principles: We will cover the core principles and concepts of NFRS, including revenue recognition, presentation of financial statements, measurement of assets and liabilities, and disclosure requirements.

3. Key NFRS Standards: You will be introduced to around 20 important NFRS standards. We will explore their key provisions and implications.

4. Financial Statement Analysis: You will learn how NFRS impacts financial statements and how to interpret them using NFRS principles. This will enable you to analyze and compare financial information accurately.

5. Practical Applications: Through practical examples and case studies, you will understand how NFRS is applied in real-world scenarios. This will help you gain practical insights into its implementation and its relevance to your accounting work.