In this video, we will learn stepwise guidance on implementation of Nepal Financial Reporting Standards (NFRS) in Nepal. We have taken an example of financial statement under Nepal Accounting Standards (NAS) and converted the same into Nepal Financial Reporting Standards (NFRS) following the principles laid down in NFRS 1. This video will guidance you on the steps that we need to follow while implementing NFRS for the first time in any company.
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