Industries · Financial & Regulated
Banks and financial institutions
Banks and financial institutions report to two masters: NFRS and Nepal Rastra Bank. Loan impairment, classification and capital adequacy have to reconcile across both, and the reporting has to stand up to the auditor and the regulator at once.
The questions that decide the numbers
What a banks and financial institutions business needs answered.
- 01Does impairment reconcile between the NRB norm and expected credit loss?
- 02Are classification and disclosures consistent with NFRS?
- 03Is the regulatory reporting supported by the ledgers?
- 04Are tax positions on provisions defensible?
Across financial & regulated
Two sets of numbers have to hold at once: the NFRS position and the regulator's. For banks and financial institutions the carve-out on loan impairment means provisioning is the higher of the NRB norm and the expected credit loss figure, so the accounting answer and the regulatory answer are not the same number. Capital adequacy, classification and disclosure follow from there. This is technical reporting work, and it is where precision matters most.
How we help
Services for banks and financial institutions
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