In Nepal, there are various accounting and audit systems that businesses can use. The most commonly used accounting system in Nepal is the double-entry bookkeeping system, which is also used in many other countries. This system involves recording every financial transaction twice, once as a debit and once as a credit, to ensure that the accounting equation (Assets = Liabilities + Equity) remains in balance.
Accounting System and Audit System in Nepal
In Nepal, there are various accounting and audit systems that businesses can use.The most commonly used accounting system in Nepal is the double-entry
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