NFRS meaning in Business ?

Answer: What is Nepal Financial Reporting Standards mean?

Nepal Financial Reporting Standards (NFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable within Nepal. The rules to be followed by accountants to maintain books of accounts which is comparable, understandable, reliable and relevant as per the users internal or external.

NFRS was issued by Nepal Accounting Standard Board in 2013. Earlier it has issued Nepal Accounting Standards. NFRS is prepared in line with on IFRS.

reference

Full Form	Category
National Fancy Rat Society	Academic & Science
Nepal Financial Reporting Standards	Business
National Funds Recovery Services	Business
New Frontiers Recording Studio	General
Northamptonshire Fire and Rescue Service	General
Nuniber Of Functional Robots In State	General
Nottinghamshire Fire and Rescue Service	General
National Firefighter Registry Subcommittee	General
Norfolk Fire and Rescue Service	General