Managing Partner at PKF T R Upadhya & Co.
https://pkf.com.np
Shashi Satyal serves as the Managing Partner of PKF T R Upadhya & Co. in Nepal (PKF Nepal), boasting an impressive track record of over 33 years in serving clients in the realm of taxation. Throughout his tenure at PKF Nepal, Shashi has played a pivotal role within the team, specializing in assurance and tax advisory services.
His extensive experience extends to handling international clients, engaging with officials from the Inland Revenue Department (IRD), as well as government organizations. Additionally, Shashi has held the esteemed position of Head of Tax and Advisory Department at PKF T R Upadhya & Co., representing clients during tax assessments, appeals for administrative review, and obtaining Advance Rulings on cross-border transactions, often serving as an expert before the Revenue Tribunal.
Shashi's professional expertise spans a wide spectrum, encompassing audit services, assurance, business advisory, taxation, investigation, and financial restructuring. His clientele includes public and private enterprises, subsidiaries of multinational corporations, manufacturing companies, banks, financial services institutions, hospitality businesses, infrastructure projects funded and multilateral agencies, and not-for-profit organizations. He possesses the knowledge and proficiency to guide clients in achieving their business objectives while offering a comprehensive array of services to foster their growth and protect their investments in Nepal.
Furthermore, Shashi Satyal has contributed significantly to the financial landscape of Nepal. He served as a member of the Accounting Standards Board in Nepal, playing a pivotal role in the development and implementation of Nepal Financial Reporting Standards (equivalent to IFRS) within the country. As a team leader and engagement partner, he has led various NFRS/IFRS convergence services and NFRS/IFRS financial statement audits across diverse sectors, including banking, government and regulatory bodies, manufacturing, insurance, hydropower, tourism, credit rating agencies, and the service industry.
Shashi Satyal holds a bachelor's degree in commerce with honors from Delhi University and is a qualified chartered accountant certified by the Institute of Chartered Accountants of India. He is also a fellow member of the Institute of Chartered Accountants of Nepal, cementing his status as a respected and highly capable professional in the field.
