FINANCIAL REPORTING PRACTICES IN NEPALESE COMMERCIAL BANKS

Abstract

The purpose of this study was to know the financial reporting and disclosure practices in Nepalese commercial banks. This study aims to examine and compare the financial reporting and disclosure practices prescribed by NRB guidelines and other statutory bodies. A descriptive, analytical and casual comparative research design is used for this research. Six commercial bank of Nepal are selected randomly as a sample from total populations. Also the study tried to assess the reporting and disclosure practices of Nepalese commercial banks of ten years dated from 2070/071 to 2079/080. Various tools used for data analysis are mean, maximum, minimum and one-way ANOVA. The data are collected from the various year’s annual report of sample commercial banks from their respective websites. This study compared the financial reporting attributes in banks individually and sector wise among government and public sectors. It also examined the current status of reporting and disclosure practices in sample banks and found significant difference in the financial reporting attributes in SBs over the study period whereas there is no significant difference in financial reporting practices between SPBs and SGBs during the study period as a whole.