Development sector

Accountability, reporting, and compliance for development organizations.

Development sector
05

Overview & Core Services

Who We Are & How We Help

We help development teams meet donor requirements, improve transparency, and manage project risks.

Grant Compliance

Reviews aligned to donor rules.

Impact Reporting

Clear reporting on outcomes and budgets.

Development program
Community impact
VALUE Creation

Creating Value For Your Business

We turn reporting into trust by making outcomes clear and verifiable.

Improved donor confidence
Reduced compliance risk

Why Choose URP?

01

Donor-ready reporting

Simple, clear, and aligned to donor needs.

02

Transparency focus

Strong checks for accountability.

Development advisor

Sector Publications

Beyond Compliance: Transforming Audits into Strategic Business Insights
May 6, 2026
Beyond Compliance: Transforming Audits into Strategic Business Insights
A financial audit shouldn't just be a regulatory checkbox. When executed correctly, an audit acts as a diagnostic tool that uncovers hidden operational inefficiencies...
Read more
Restructuring for Resilience: Why Mid-Market Firms Need Fractional CFOs
May 6, 2026
Restructuring for Resilience: Why Mid-Market Firms Need Fractional CFOs
Scaling a mid-market enterprise requires financial strategy that goes beyond basic bookkeeping. Discover how Fractional CFOs are providing high-level financial leadership without the full-time...
Read more
The Future of Tax Compliance in Nepal: Navigating the 2026 Shift
May 6, 2026
The Future of Tax Compliance in Nepal: Navigating the 2026 Shift
As Nepal's regulatory frameworks evolve, businesses must adapt their financial reporting to align with the new digital taxation policies. Here is what you need...
Read more

Ready to secure your
financial future?

Speak directly with our leadership team. We bring decades of Nepalese market expertise combined with global best practices to address your specific business challenges.

Umesh Raj Pandeya

Umesh Raj Pandeya

Managing Partner

umesh@urpca.com
URPCA

Frequently Asked Questions

The statutory audit covers the organisation's overall financial statements and complies with the Association Registration Act, the Companies Act (for company-registered entities), and SWC requirements. A project audit is donor-specific: it covers a defined project's financial reporting against a specific budget and donor terms of reference. Most active development organisations require both — often several project audits per year, each with different deliverable formats and submission deadlines.

The Social Welfare Council requires project agreements for INGO programmes and projects implemented with foreign funding. Required documentation includes the project agreement, annual work plan, audited project financial statements, narrative progress reports, and asset and resource handover statements at project closure. SWC reform discussions have proposed tightening these requirements; current practice is to align audit reporting closely to SWC template expectations.

Each donor publishes cost eligibility rules. Common categories of ineligible cost include unbudgeted line items, costs incurred outside the project period, indirect costs above approved rates, costs without adequate supporting documentation, salary payments above approved rates or for unapproved positions, and capital items above thresholds. The audit reports on identified ineligible costs and the organisation typically reimburses the donor or recovers from staff where fraud is involved.

Generally yes, and it is often efficient. Some donors require separate auditors for very large grants or specific programmes; some require a competitive selection from a pre-qualified panel. U.R.P. & Associates disclose audit relationships transparently and follow donor-specific independence requirements which sometimes exceed ICAN rules.

Yes. Forensic reviews following whistle-blower complaints, donor-flagged anomalies, or internal red flags are recurring engagements. Scope ranges from targeted transaction review to full fraud audit with witness interviews and reporting drafted for donor and board action. Confidentiality and chain-of-evidence protocols apply throughout.