ASB Board Members:

The ASB Nepal consists of 13 members comprising a Chairman appointed by the Government of Nepal from Fellow Chartered Accountants (FCA) and other members are representative of Ministry of Finance, representative of Office of the Auditor General, representative of Financial Comptroller General Office, Company Registrar of Office of the Company Registrar, Director General of Inland Revenue Department, Chairman of Securities Board of Nepal & Five Chartered Accountants (CA) & One Registered Auditor (RA) Nominated by Government of Nepal on the recommendation of Institute of Chartered Accountants of Nepal (ICAN).

 

   

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1. NAS Development and Revision Technical Committee

(Formed by Board's 119th Meeting)

S.No Name Designation 1 CA. Prabin D. Joshi

Coordinator

2 CA. Gopal Prasad Pokharel

Member

3 CA. Suresh Devkota

Member

4 CA. Bhoj Raj Pandey

Member

5 CA. Binay Prakash Shrestha

Member

6 CA. Jitendra Kumar Mishra

Member

7  ADMIN/CEO

Member Secretary

2. Capacity Development Committee

(Formed by Board's 119th Meeting)

S.No Name Designation 1 CA. Satish Chandra Lal

Coordinator

2 Mr. Dila Ram Giri

Member

(Representative, Ministry of Finance)

3 Mr. Bishnu Prasad Rijal

Member

(Representative, Office of the Auditor General)

4 Mr. Niraj KC

Member

(Representative, Financial Comptroller General Office)

5 CA. Gopal Prasad Pokharel

Member

6 CA. Bhoj Raj Pandey

Member

7 RA. Badri Prasad Bhattarai

Member

8  ADMIN/CEO

Member Secretary

3. Audit Committee

(Formed by Board's 119th Meeting)

S.No Name Designation 1 Mr. Bishnu Prasad Rijal

Member

(Representative, Office of the Auditor General)

2 Mr. Niraj KC

Member

(Representative, Financial Comptroller General Office)

3 CA. Gopal Prasad Pokharel

Member

4  ADMIN/CEO

Secretary

 

4. NFRS 2018 Preparting Task Force

(Formed ... Read More

Government of Nepal Formed Accounting Standards Board, Nepal  in March 2003 with an amendment to the Institute of Chartered Accountants of Nepal Act 1997 incorporating the provision for its establishment and operation.

 

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The Accounting Standards Board (ASB) is an independent statutory body with the responsibility to set and issue accounting standards for preparation and presentation of financials statements in Nepal. The Government of Nepal  established ASB  in March 2003 with an amendment to the Institute of Chartered Accountants of Nepal Act 1997 incorporating the provision for its establishment and operation. The ASB is primarily responsible for setting accounting and financial reporting standards for business enterprises in line with the International Financial Reporting Standards (IFRSs). Since 2007, ASB has also been entrusted by Nepal Government with the responsibility to develop accounting standards ... Read More

The objective of the Board is to formulate accounting standardsin line with IAS/IFRSs issued by IASB. The Board has full discretion in developing and pursuing the technical agenda for setting Accounting Standards in Nepal.

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