arjunbhattarai Banking & KYC Compliancein Nepal A comprehensive guide to opening personal and corporate bank accounts, understanding documentation, and demystifying the KYC process. How to Open a Bank Account? The standard procedure for personal savings or current accounts. 1 Choose Your Bank Research and compare different banks. Look for interest rates, digital banking capabilities (Mobile/Internet banking), … Read more
Generally accepted accounting principles (GAAP) Generally accepted accounting principles (GAAP) are a set of rules, standards, and guidelines for the preparation and presentation of financial statements in the United States. GAAP is developed and issued by the Financial Accounting Standards Board (FASB), which is the principal standard-setting body for accounting and financial reporting in the … Read more
What is an Audit report? An audit report is a written opinion issued by an independent auditor after reviewing a company’s financial statements and related disclosures. The auditor’s opinion provides assurance that the financial statements are presented fairly and in accordance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). The audit … Read more
What is the Annual General Meeting of a company? The annual general meeting (AGM) of a company is a meeting of the company’s shareholders, typically held once a year. The purpose of the AGM is to provide a forum for the shareholders to discuss the company’s performance and direction, and to vote on important matters … Read more
Term Loan (Business Loan) A term loan is a type of loan that is typically repaid over a fixed period of time, with a fixed interest rate. This type of loan is commonly used for large, one-time investments or to finance the purchase of long-term assets, such as real estate or equipment. The terms of … Read more
Marketing is the process of researching, creating, and distributing content and messages that are designed to appeal to a specific target audience. This can include activities such as market research, product development, branding, advertising, and public relations. The goal of marketing is to attract and retain customers by providing them with information that is valuable … Read more
Human resource planning is a process that helps organizations determine the staffing needs of the organization in order to meet its goals and objectives. This process involves identifying the number of employees required, the skills and qualifications they should have, and how they will be recruited and retained. Effective human resource planning is essential for … Read more
Financial literacy is the ability to understand and effectively manage one’s personal financial situation. This includes the ability to make informed decisions about how to spend and save money, as well as how to manage debt and invest in one’s future. Having a strong understanding of financial concepts and principles is crucial in today’s world, … Read more
A restaurant business involves running an establishment where people can go to eat and drink. This typically involves preparing and serving food and drinks, as well as managing the business operations such as purchasing ingredients, hiring staff, and marketing the restaurant to potential customers. The increase of dining out culture in Nepal is making this … Read more
A business consultancy is a company or organization that provides professional advice and assistance to businesses to help them improve their operations and performance. This can include a wide range of services, such as strategy development, market analysis, organizational design, process improvement, and leadership development. Business consultancies typically employ experts in various fields who can … Read more
