Functions
Pursuant to section 3(kha) of Nepal Chartered Accountants Act,1997, the main functions of the Board is to:
Regulate and systematize auditing profession, formulation of auditing standards on the basis of international standards on auditing,
Set procedures to develop auditing standards and publish materials related to auditing standards.
Make Improvement and revision of auditing standards in line with International Standards on Auditing.
Interpretation of auditing standards.
Prepare guidance notes, and
Facilitate application and publicity of Auditing standards.