Decades of Expertise. Unwavering Ethical Integrity.

Trusted by over 100+ organizations across Nepal's vital sectors - from Banking, Hydropower to INGOs. We deliver "integrity-first" solutions backed by years of professional rigor.

Financial Reporting

NFRS Implementation in Nepal: A Practical Roadmap

Transitioning to Nepal Financial Reporting Standards is more than a compliance exercise — it reshapes how your organization measures and communicates performance. Here is the roadmap we use with clients.

April 18, 20266 min readRead insight →

15+

Years of Experience

100+

Organizations Served

10+

Professionals

Who We Are

A strategic growth partner, not merely a service provider.

I. Bhattarai & Associates is a distinguished Chartered Accountancy firm committed to providing exceptional audit, assurance, tax, and advisory services. Established in July 2019, following the conversion of ASIB & Associates, our firm upholds a tradition of professional rigor and unwavering ethical integrity. With over 15+ years of specialized experience, we have become a trusted partner for a diverse clientele exceeding 100 organizations, offering strategic insights essential for navigating intricate financial environments. Our dedicated team of over 10 professionals integrates technical expertise with a proactive methodology, specializing in management consulting, outsourcing, and NFRS/IFRS implementation. At I. Bhattarai & Associates, we are not merely service providers; we deliver “integrity-first” solutions meticulously crafted to empower our clients and establish the standard for professional excellence within the industry.

Why Us

Why clients choose us

Demonstrated Legacy and Experience

Leveraging over 15+ years of profound expertise and a successful evolution from ASIB & Associates, we contribute extensive practical knowledge to each engagement.

Scalable Expertise

Having catered to more than 100 diverse clients, we exhibit the adaptability to support small enterprises while retaining the technical capability to address intricate corporate demands.

Specialized Technical Focus

We are at the forefront of NFRS/IFRS implementation, guaranteeing that your financial reporting adheres to the most stringent contemporary standards.

Track Record

Experience across Nepal’s vital sectors

At I. Bhattarai & Associates, we have built a reputation for excellence by delivering rigorous audit, tax, and advisory services across Nepal’s most vital sectors. Our experience is not just in numbers, but in understanding the specific regulatory hurdles and operational demands of the industries we serve.

How We Work

Quality management, built on integrity.

At I. Bhattarai & Associates, we apply a rigorous quality management framework across our entire service portfolio—from Statutory Audit to Corporate Advisory. Our commitment is to provide services that are not only technically accurate but also strategically valuable to our clients’ growth.

Our Integrated Quality Framework

We align our internal processes with the Nepal Standard on Quality Control (NSQC 1) and the professional standards set by the Institute of Chartered Accountants of Nepal (ICAN).

  • Audit & Assurance
  • NFRS/IFRS Implementation
  • Taxation & Regulatory Advisory
  • Accounting & Outsourcing

Ready to work with us?

Whether you have a specific inquiry or wish to schedule a consultation, our team is here to provide the financial clarity and regulatory support your organization requires.