Background
On 18 March 2026, the Accounting and Auditing Regulator (ACAR) participated in a training program organized by the General Department of National Treasury. With authorization from the Director General of ACAR, representatives from the Public Accounting Standard Office and the Technical Department attended as speakers. The event brought together approximately 60 participants from 10 ministries and institutions.
Scope of Application
The training focused on the application of Cambodian public sector accounting standards and related implementation guidelines within the public sector. It was directed at officials from line ministries and public institutions responsible for accounting and financial reporting, particularly in relation to inventories, fixed assets, and accounts payable.
Key Provisions or Decisions
During the session, ACAR officials delivered a presentation on Cambodian Public Sector Accounting Standard (CPSAS) 12 concerning inventories. The broader three-day training, held from 18 to 20 March 2026, addressed three specific regulatory instruments:
- Prakas on the implementation of the guideline on accounting for inventories;
- Prakas on the implementation of the guideline on accounting for fixed assets;
- Prakas on the implementation of the guideline on accounting for accounts payable.
The session at the General Department of National Treasury’s new building provided technical explanations on these prakas and their associated accounting guidelines.
Implications for Investors, Businesses, or Compliance
The training supports consistent application of Cambodian public sector accounting standards and related prakas across ministries and public institutions. Improved understanding of the accounting treatment for inventories, fixed assets, and accounts payable is intended to enhance the quality and comparability of public sector financial information and to align public entities’ accounting practices with the officially issued implementation guidelines.
Official Source
The information is based on an announcement by the Accounting and Auditing Regulator published on its official Facebook page.
