The Covid - 19 global pandamic have hit Nepal also in a big way. Due to the pandamic, country went to close down for more than 3 months and still the close down has not been completely lifted. Infection of Corona Virus among the citizens of Nepal is increasing day by day. The pandamic have hit the ecomony very bad and the how long the pandamic will last is still not known till now. Because of the same, businesses are going to be affected very badly. Profitability of the businesses are going to reduced and cashflows are going to be hampred. In such circumstances, the Organizaitons also need to consider certain things while preparing the financial statements as well. NBSM has compiled the Financial Reporting Implecations of Covid - 19.
For the report, Click Here.