Tag: Laws for Auditing in Nepal

Categories
Fifth Semester

BPA 415: Revenue Governance

The objective of this course is to provide students with the overall fundamental knowledge of Revenue Administration.

Contents
  1. Introduction
    • Concept of government revenue
    • Source and pattern of government revenue
  2. Tax and its principles
    • Meaning and objective of Taxation
    • Classification of Taxation
    • Principles of taxation: Cannons of taxation, Equity principles of taxation
    • Benefit received and ability to pay
  3. Taxation Policies and major structure of Taxation in Nepal
    • Taxation Policies
    • Provision of Nepalese Tax Policy: Customs, Value added tax, Income tax, capital gain tax, house rent tax and land tax
  4. Tax assessment and collection
    • Methods of income tax assessment
    • Tax collection: Tax deduction at source, Tax installments
    • Tax Recovery
  5. Tax Administration and law
    • Institutional arrangement for tax administration and their roles in Nepal
    • Right and duties of tax payer
    • Penalty against tax defaulters
    • Remedy against tax assessment
References
  • Adhikari H.P. (2007). Public Finance; Kathmandu: Renuka Kattel.
  • Adhikari, H.P. (2009). Nepalese Tax Administration; Kathmandu: Renuka Kattel
  • Ahusa H. L. (2000). Fundamentals of Economic Theory, Delhi: S. Chand & Company Ltd.
  • Bernard P. Herber (2006). Modern Public Finance, Delhi: AITBS Publisher & Distributors.
  • Chopra P.N. (2003). Haero Economics, Delhi: Kalayari Publishers.
  • Due, John F. and Friedlander Ann F. (2002). Government Finance Economics of the
  • Hajela T.N. (2004). Public Finance, Delhi: Konark Publisher Pvt. Ltd.
  • Jhingan M. (2006). Public Finance and International Trade, Delhi: Virinda Publications Pvt. Ltd.
  • Joshi Shyam (2000). Public Economics and Policy. Delhi: A.I.T.B.S. Publishers & Distributors.
  • Singh, S.K. (1991). Public Finance in Developed and Developing Countries (3rd Ed.) New Delhi: S. Chand & Company Ltd.
  • Nepalese Finance Act, Income Tax Act, Value Added Tax and Customs Directives
  • Nepalese Economic Survey and Budget Speeches
Categories
Development Management Eighth Semester

DM 455: Auditing in Nepal

The objective of this course is to acquaint the students with the general knowledge on auditing practices of government of Nepal along with the state-owned enterprises. After completion of this course the students will have a fair knowledge on the current methods of practice of auditing adopted by government of Nepal.

Contents

  1. Introduction to auditing: Concept and types
  2. Auditing Practice in Nepal: Historical background. Audits in Privet and Public Company in Nepal, Audit of Government Account in Nepal
  3. Government agencies and their roles in auditing of Government account: Office of the Auditors General, Role and responsibility of Auditors General. Public Accounting Committee in the Parliament. Role and responsibility of the Public Account Committee in the parliament, Comptroller General Office, Role and responsibility of the Comptroller General office. District Treasury Office, Role and responsibility of the District Treasury office.
  4. Procedures and Methods in Auditing in Government Accounting in Nepal: Internal audit, Final audit, Procedures to submit Auditors General’s report to President. Method of handing the discrepancies and irregularities as appeared in the auditor’s report.
  5. Provision of Law and acts for auditing in Nepal: Legal Provision made for Auditing in Nepal. Act, Laws, By-laws and Regulation pertaining to Government auditing.

References

Fess, Philip E. (1987). Accounting Principles. Dallas: South-Western Publishing Co.

Koirala et al. (2072). Principles of Accounting II. Kathmandu: Asmita Books Publishers and Distributors.

Koirala et al. (2072). Principles of Accounting. Kathmandu: Asmita Books Publishers and Distributors.

Neeley, L. Padem & Imek, Frank J. (1987). Accounting Principles and Practice. Dallas: South-Western Publishing Company.