Audit Report 2082-83

Birendra Bidhya Mandir Campus Tikapur-1, Tikapur, Kailali 201257056 > | Audit Report F/Y-082-083 Date- 2083.05.28 S.Rimal & Associates Tikapur-1, Tikapur, Kailali Phone No.-091-560600 PAN-301505433 Mobile No.-9858422600 foouivocass? © नज ORE EE Eee 2957 "8" To The Members of Birendra Bidhya Mandir Campus Tikapur-1, Tikapur, Kailali Ref ; Independent Auditors Report. Auditor's Opinion (Qualified) We have audited the financial statements of Birendra Bidhya Mandir Campus. (Here after called Campus) , which comprises the statement of financial position as at Ashadh end , 2083, (July16, 2026) and the statement of income , statement of change in equity and statement of cash flows for the year then ended, and notes to the financial statements , including a summary of significant accounting policies. In our opinion, except for the effects of the matter described in the Basis for Qualified Opinion section of our report the accompanying financial statements present fairly, in all material respects, the financial position of the Compus as at Ashad 32, 2083 (July 16, 2026) and (of) its financial performance and its cash flow for the year then ended in accordance with Nepal Financial Reporting Standards(NFRS). Basic for Qualified Opinion Campus has not calculated its depreciation as preccribed by NAS for NPOs . It has calculated depreciation on Dimiminishing balance method as preccribed by Income Tax act 2058. Campus has not make any provision of definied benefit scheme (Gratuity, leave and medical etc) on annual basis for its employees and it has also not done any provisions of social security fund(SSF) for it's employee and workers, We conducted our audit in accordance with Nepal Standards on Auditing(NSAs). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statement section of our report. We are independent of the Campus in accordance with the Institute of Chartered Accountants ' of Nepal’s Hand Book on Code of Ethics for professional Accountants ( ICAN Code of Ethics) together with the ethical requirements that are relevant to our audit of the financial statements in [jurisdiction], and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAN Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. In Connection with our audit of the financial statements, our responsibility is to read the other information and, in doning so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated. As the other information documents are in the process of completion, the management has provided written representations that final version of the documents will be provided when available. Management's responsibilities and Those Charged with Governance for the financial Statements. Management Is responsible for the preparation & fair presentation of the financial statement in accordance with NAS for NPOs and for such internal control as management determines s necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Campus's ability to continue as a going concern, disclosing, a applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the campus or to cease operations, or has no realistic alternative but to do so.