Introduction to Accounting and

Financial System of Nepal Telecom

 Objectives
• Timely preparation and fair presentation of
Financial Statements
• Propriety and economy in expenditure
• Recognition, recording and collection of
revenue
• Future planning
• Internal control
 Tools Used
• Financial Regulation
• Accounting Policies
• Accounting Directives and Guidelines
• Nepal Accounting Standards and IFRS
• Revenue Manual
• Internal Audit Manual
• Circular issued time to time
 Responsible Bodies
• Finance Department
• Development Department
• Internal Audit and Inspection Department
• Audit Committee
• Board of Directors
 Structure and Level
• Collection and Expenditure Center
• Accounting Center
• Regional Directorate
• Development and Project Directorate
• Department
• Head Office
 Accounting and Reporting Period
• 1st Shrawan to Ashadh end