Practice 01 of 06
Audit & Assurance
Statutory, internal, tax and forensic audit with independent, risk-based assurance under Nepal Standards on Auditing.
Within this practice
- Statutory audit
- Internal audit
- Forensic audit
- Review engagements
- Donor audit
The service
What we do, precisely.
We perform statutory and voluntary audits under Nepal Standards on Auditing and the requirements of the Companies Act, 2063 — planned around your risks, executed on documented checklists, and reviewed twice before a partner signs.
Beyond the opinion, our audit work is designed to leave your organisation stronger: control weaknesses are reported as ranked, practical recommendations, not buried observations.
Why it matters
An independent opinion is what lets shareholders, lenders, donors and regulators rely on your numbers. A well-run audit also finds the errors, leaks and control gaps before they become losses.
Who needs it
Built for the entities the law — and reality — demand it of.
01
Companies required to appoint an auditor under the Companies Act, 2063
02
NGOs and projects receiving donor or grant funding
03
Cooperatives, banks and financial institutions
04
Boards commissioning internal or forensic audit
05
Owners seeking a voluntary review before sale or succession
How we deliver
Four steps, documented at every hand-off.
Step 1
Plan & assess risk
We read last year's file, map your cycles and set materiality and scope in a written plan you approve.
Step 2
Walk through controls
Key controls are documented and tested; where they fail, substantive testing is extended.
Step 3
Fieldwork & testing
Samples, confirmations and counts are executed on NSA checklists with every conclusion evidenced.
Step 4
Review & report
A second reviewer challenges the file; you receive the opinion, a management letter and a board summary.
Benefits
What changes for you.
An independent opinion your stakeholders can act on
Early detection of misstatement, leakage or fraud
Ranked control recommendations with owners and deadlines
Audit-ready confidence for lenders, donors and investors
Statutory compliance without penalty exposure
Deliverables
What lands on your desk.
- 01
Audited financial statements with independent auditor's report
- 02
Management letter with ranked recommendations
- 03
Plain-language summary for the board or assembly
- 04
Compliance certificates where statutes or donors require them
Questions
Frequently asked, plainly answered.
How long does a statutory audit take?
For a typical SME with organised books, fieldwork runs three to ten working days and the report follows within two weeks of clearing open items. Donor and group audits vary with reporting packages.
What should we prepare before fieldwork?
A trial balance, ledgers, bank reconciliations, fixed-asset register, contracts and board minutes. At onboarding you receive a tailored prepared-by-client list so nothing is requested twice.
What is the difference between an audit and a review?
An audit provides reasonable assurance with testing and controls work; a review provides moderate assurance through enquiry and analytics. We advise which level your statutes, lenders or donors actually require.
Begin this engagement