Madan Sah & Associates

Chartered Accountants

The firm Madan Sah & Associates (Chartered Accountants) is registered with the Institute of Chartered Accountants of Nepal hereinafter referred to as ICAN, the regulatory body for accounting and auditing profession in Nepal. The firm was established in August 01, 2007. The firm is led by the principal Mr. Madan Kumar Sah FCA, chartered accountant, who is involved in the field of auditing, accounting, finance and taxation since 2005. He is well versed with the different kind of audit assignments e.g., Statutory Audit, Internal Audit, Donor funded audit, Bank audit, in-depth audit assignments, due diligence review assignments to name a few. He has worked with the lead audit firm T.R Upadhya & Co. (Chartered Accountants), then associated with KPMG International in the position of manager from 2005-2010. During his tenure with T.R Upadhya & Co., he led the various statutory & Project audit assignments. He has completed and finalized the statutory and tax audits of Bottlers Nepal ltd, Nepal Telecom, Nepal Oil Corporation, Janakpur Cigarette factory and Laxmi Bank to name a few.

Apart from statutory audit his exposure in donor funded audit assignments is commendable, he has audited Helvetas Swiss Intercooperation, GIZ Nepal, Concern Worldwide Nepal, FHI Nepal, Nepal CRS Company, Procurement process review of the Government institutions funded by the World Bank, Global Fund to name a few including the Projects funded by European Union. Mr. Sah also has an international exposure of donor-funded audit; he has completed the global fund assignment of Philippines.

Ongoing/Completed assignment during F. Yr. 2077-78-79 of the firm includes:

Nature of Assignment	Type of Assignment	Client
Consulting	Finance Controller	Embassy of Switzerland
	Development of Procurement Policy	Renewable World Nepal
	Training	Imparting of Procurement Guideline, RFP for goods/services and Works training to Renewable World Nepal team
	Training	Financial Management, Partner Risk assessment, Nepal Accounting standard for Not for Profit making organizations training to Project finance officers of SDC implementing Project partners
	Training	Compliance of Income Tax Act including Nepal Labor Act and other applicable act to the finance officers of CMC Nepal
Audit	Project	Financial Sector Support Program (FSSP), Implemented by PwC India, funded by FCDO erstwhile DFID for the period April 2020 to March 2021 & April 2021 to March 2022
	Statutory	WISE Nepal, the Not for Profit making Company for the Financial Years 2019-2020 & 2020 to 2021
	Statutory	SODEP Nepal, the NGO for the period ended 31.03.2078
	Statutory	Indra Yuwa Club for the year ended 31.03.2078
	Statutory	Jay Maa Durga Krishi Firm for the year ended 31.03.2078
	Statutory	Jilla Yuwa Sanjal, Dhanusha
	Statutory	Prem Rawata Health Poly Clinic Pvt. Ltd. for the year ended 31.03.2078
	Internal	Centre for Mental Health & Counselling (CMC Nepal)
	Statutory	Evans Science Lab Pvt. Ltd. Basamadi Hetauda
Compliance (Consulting)	Compliance of Nepal Income Tax Act, VAT Act, Co. Act 2063, Labour Act including Social Security Act & Payroll Processing.	Junkiri Labs Pvt. Ltd, a software exporting Co. (Monthly VAT return submission to IRD, Annual Income Tax return submission to IRD, Annual reporting to Co. Registrar, Monthly Payroll processing including withholding and deposit of TDS to IRD including its verification.)