ICAN Celebrates 29th Anniversary, Launches GAIN Project to Boost Nepal’s Global Accounting Services

Summary

The Institute of Chartered Accountants of Nepal (ICAN) celebrated its 29th anniversary by launching the GAIN Project to create 150,000 jobs and boost Nepal’s global accounting services, aiming to generate USD 6 billion annually.

Key Points
  • ICAN marked its 29th anniversary with a conference on Global Accounting and Finance Outsourcing in Kathmandu.
  • The Global Accounting Initiative in Nepal (GAIN) Project was launched to create 150,000 jobs over ten years and generate USD 6 billion annually.
  • Government pledged policy support including tax incentives and simplified forex processes.
  • ICAN plans to integrate international accounting standards and enhance financial transparency to position Nepal as a hub for accounting services.
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