January 31, 2014 (Friday)

Hotel Soal tee Crowne PlazaK a t h m a n d u , N e p a l

Organized byThe Institute of Chartered Accountants of Nepal (ICAN)

BANKING INSURANCE

International Conference on

“Merger & Acquisition of Banking & Insurance Sector”

ICAN is established under an act of Parliament, the Nepal Chartered Accountants Act, 1997 to enhance social recognition and faith in accounting profession by raising public awareness towards the importance of the accounting profession, towards economic and social responsibility of the accountants and towards economic development of the country through the development of awareness among the professionals about their responsibility towards the importance of accountancy in order to develop, protect and promote the accounting profession.

One of the objectives of ICAN is to enhance the confidence among the investors, bankers and general public towards capital market by providing insight into the different aspects of the economic activities and by pronouncing the standards of disclosure in financial reporting practices.

About ICAN

About the Conference

The Institute of Chartered Accountants of Nepal (ICAN) will be organizing

one day International Conference on the theme “Merger & Acquisition of Banking & Insurance Sector” at Kathmandu on Friday, 31st of January 2014 (corresponding to 17th of Magh 2070) coinciding with its 17th Annual Day Programme.

The conference shall focus on the accounting of merger and acquisitions and prevailing practices thereon. Now a day, in global phenomena merger and acquisition are the two important aspects of corporate strategy, corporate finance and management dealing with buying and selling of two or more entities in to a single entity that can help an enterprise to grow rapidly in its sector. A large number of such activities are being taken place across the globe. In this area, Nepal is also no exception and bank and financial institution are merging each other day by day rapidly.

In present context, merger and acquisition in banking and insurance sector is taking high priority but numbers of issues are to be addressed while in completion. One of the principal objectives behind the mergers and acquisitions in the banking sector is to reap the benefits of economies of scale. Therefore, the conference aims to address the issues related with mergers and acquisitions in the Nepalese perspectives following accounting standards and practices thereon.

Accounting profession has changed its dimensions over the years. Rapid changes on regulatory front pose challenges for accountants and auditors in understanding and applying accounting standards in presentation and disclosure in financial statements. Furthermore, the Nepalese accounting fraternity is gearing up towards reporting their financial transaction based on Nepal Financial Reporting Standards from the fiscal years 2014-15 onwards.

10:00 AM–10:30 AM Registration/Tea

10:30 AM–11:00 AM Opening SessionCA. Mahesh Kumar Guragain, President, ICANDr. Yub Raj Khatiwada, Governor, Nepal Rastra BankMr. Babu Ram Shrestha, Chairman, SEBO/NDr. Fatta Bahadur KC, Chairman, Insurance Board

11:00 AM–12:30 PM Session 1 : Merger & Acquisition Practice in Banking & Insurance Sector

Chairman: CA. Maha Prasad Adhikari, Deputy Governor, Nepal Rastra BankSpeaker: Mr. Rajendra Theagarajah, CEO/Director, National Development Bank PLC, Sri Lanka

12:30 PM–1:30 PM Lunch Break

1:30 PM–3:00 PM Session 2: Merger & Acquisition in Nepalese PerspectivesBanking SectorInsurance Sector

Chairman: Prof. Dr. Fatta Bahadur K.C., Chairman, Insurance BoardSpeaker: CA. Ratna Raj Bajracharya, CEO, Global IME Bank Ltd.Speaker: CA. Sudarshan Raj Pandey, Past President, ICAN

3:00 PM–3:15 PM Tea Break

3:15 PM – 4:45 PM Session 3: Accounting Standards on Business Combination: in the Perspectives of Merger & Acquisition (Banking & Insurance Sector)

Chairman: CA. Komal Bahadur Chitracar Past President SAFA, Past President ICAN Speaker: Mr. Adnan Rizvi FCA Partner, KPMG Taseer Hadi & Co, Pakistan

4:45 PM Closing Remarks with Vote of Thanks

5:30 PM onwards 17th Anniversary Programme followed by Cocktail Dinner

International Conference on

“Merger & Acquisition of Banking & Insurance Sector”

Venue: Hotel Soaltee Crowne Plaza, Kathmandu

PROGRAMME SCHEDULE

Mr Binod Neupane, Joint Director & Ms Samjhana U Tuladhar, Assistant DirectorMember Service and Professional Development Department

The Institute of Chartered Accountants of NepalBabar Mahal, Kathmandu, NepalPhone: 00977-1-4258569, 4269130, 2030021Fax: 977-1-4258568Email: ican@ntc.net.np, Website: www.ican.org.np

Resource PersonsEminent professionals having expert knowledge and practice on the captioned subject from Nepal, Pakistan and Sri Lanka will present the technical papers and provide the participants a unique learning opportunity with comprehensive discussions.

Request for ParticipationWe invite you to participate in the Conference and assure you a rewarding experience in the context of new areas of professional services on merger and acquisitions in Banking and Insurance Sector.

Who should attend?The conference is designed especially for senior officials of banking and insurance sector, professional members of ICAN and other interested persons.

Conference Fee:

Corporate Participants - NRs 7,000/-

CA Members - NRs. 6,000/-

RA Members/ICAN Students - NRs. 5,000/-

Venue: Hotel Soaltee Crown Plaza, Kathmandu, Nepal

Date: 2070/10/17 (Corresponding to January 31, 2014), Friday

Time: 10:00 AM onwards

Mode of Payments:• Participants may send cheque/draft drawn in the name of “The Institute of

Chartered Accountants of Nepal” to ICAN’s office or directly at registration counter at the venue.

• We encourage sending confirmation and registration through email or official letter at earliest possible due to limited seat availability.

CPE Credits:8 CPE credit hours will be provided to the participating members of ICAN

For further Information, please contact: