Conceptual Framework for Financial Reporting 2018

Disclaimer: -The Framework is not a Standard and does not override any specific IFRS. [SP1.2] -If the IASB decides to issue a new or revised pronouncement that is in conflict with the Framework, the IASB must highlight the fact and explain the reasons for the departure in the basis for conclusions. [SP1.3] The...

Equity Research, Brief process guide

  Equity research is a part of investment banking sector in nature. It’s a part of intellectual and quantitative calculations and analysis. Equity research primarily means analyzing company’s financials, perform ratio analysis, forecast the financials (financial modeling) and explore scenarios with an objective...

Recognition and measurement of Insurance contract liability under NFRS 4, For investment insurance companies in Nepal

When we go by the definition Insurance contract means –  “A contract under which one party (the insurer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder if a specified uncertain future event (the insured event) adversely...

Expected Credit Loss Model: IFRS/NFRS 9 at a Glance

  The basic challenge to the Nepalese market for the Adoptation of IFRS is the hurdle which comes up with the new impairment models under IFRS 9, mainly to the financial institutions due to huge amount of data and lack of in-built models for the reliable projection and forecast of financial covenants. whatever...