Auditing and Its Importance in Accounting System
The process of checking financial transactions, related documents, ledger, financial statement, and document by employees of the organization internally and by CA, RA...
What is Profit and Loss Account? | के हो नाफा नोक्सान खाता ?
What is Profit and Loss Account?
Profit and loss account is a financial statement which presents the income, gain, losses, and expenses of the...
Financial Statement, Balance Sheet, Cash Flow Statement
Meaning of financial statement
The accounting output of the bank or organization is called a financial statement.
It is reporting part of account cycle...
What is Trial Balance| सन्तुलन परिक्षण
What is Trial Balance?
Let closely observe the position of the trial balance in the following diagram. Trial balance sits right between the bookkeeping and...
Double Entry System and Its Features | दोहोरो लेखा प्रणाली र यसका विशेषताहरु
Double Entry System Concept
If each and every financial activity is recorded by using the rule of debit and credit then such modern, systematic,...
Introduction of Accounting and Accounting Principles – Chapter 1
Concept of Accounting
Before understanding the account, let's look at the following diagram. We can draw a definition of accounting from the input, process and...
Company Act 2063 (कम्पनि ऐन २०६३) | Objectives and Major Provisions
What is a company?
Company is an organization of firm incorporated under the provision of company law. Incorporation means the process of registering the firm,...
Income Tax Act 2058 | आयकर ऐन 2058
Income Tax Act 2058 acts for regulating all the tax-related matters in Nepal.
Revenue
Tax Revenue - Direct Tax(Income Tax) and Indirect Tax
Non Tax...
Foreign Exchange Regulation Act 2019 | विदेशी विनिमय नियमन ऐन २०१९
Objectives of Foreign Exchange Regulation Act 2019
To regulate foreign exchange related transactions.
To maintain the economic interest of the general public.
To promote...
Negotiable Instrument Act 2034 | विनिमेय अधिकार पत्र ऐन २०३४
What is a Negotiable Instrument?
A negotiable instrument is the written documents transferable by delivery.
It is a kind of written document/deed which can...
