NEPAL FINANCIAL REPORTING STANDARD FOR SMALL AND MEDIUM-SIZED ENTITIES (NFRS FOR SMEs) 2017
PREFACE |
SECTION |
DEFINING SMALL AND MEDIUM-SIZED ENTITIES (SMES) |
1. SMALL AND MEDIUM-SIZED ENTITIES |
2. CONCEPTS AND PERVASIVE PRINCIPLES |
3. FINANCIAL STATEMENT PRESENTATION |
4. STATEMENT OF FINANCIAL POSITION |
5. STATEMENT OF COMPREHENSIVE INCOME AND INCOME STATEMENT |
6. STATEMENTS OF CHANGES IN EQUITY AND STATEMENT OF INCOME AND RETAINED EARNING |
7. STATEMENT OF CASH FLOW |
8. NOTES TO FINANCIAL STATEMENTS |
9. CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS |
10. ACCOUNTING POLICIES, ESTIMATES AND ERRORS |
11. BASIC FINANCIAL INSTRUMENTS |
12. OTHER FINANCIAL INSTRUMENTS ISSUES |
13. INVENTORIES |
14. INVESTMENT IN ASSOCIATES |
15. INVESTMENT IN JOINT VENTURES |
16. INVESTMENT PROPERTY |
17. PROPERTY PLANT AND EQUIPMENT |
18. INTANGIBLE ASSETS OTHER THAN GOODWILL |
19. BUSINESS COMBINATION AND GOODWILL |
20. LEASES |
21. PROVISIONS AND CONTINGENCIES |
22. LIABILITIES AND EQUITY |
23. REVENUE |
24. GOVERNMENT GRANTS |
25. BORROWING COST |
26. SHARE-BASED PAYMENT |
27. IMPAIRMENT OF ASSETS |
28. EMPLOYEES BENEFITS |
29. INCOME TAX |
30. FOREIGN CURRENCY TRANSLATION |
31. HYPERINFLATION |
32. EVENT AFTER THE END OF THE REPORTING PERIOD |
33. RELATED PARTIES DISCLOSURES |
34. SPECIALISED ACTIVITIES |
35. TRANSITION TO THE NFRS FOR SMES |
APPENDIX A: EFFECTIVE DATE OF TRANSITION |
APPENDIX B: GLOSSARY OF TERMS |
DERIVATION TABLE |
Effective Date of NFRS for SMEs 2017 |
Voluntary Compliance : Till 2080 Ashadh End |
Mandatory Compliance : From 2080 Shrawan 01 |