Background
The Accounting and Auditing Regulator (ACAR) operates within the Non‑Bank Financial Services Authority as the supervisory body responsible for accounting and auditing oversight in Cambodia. The Accounting and Auditing Regulator (ACAR) is the supervisory body within the Non‑Bank Financial Services Authority responsible for overseeing accounting and auditing obligations in Cambodia.
ACAR maintains formal procedures for the submission of financial statements by enterprises and non‑profit entities. In 2026 the regulator implemented the Accounting Compliance Enhancement Project to build practical skills among financial managers, accountants, and auditors and to advance the national Accounting and Auditing Sector Development Strategy 2025–2035.
Institutional Role
ACAR’s mandate includes promoting adherence to applicable accounting standards, facilitating independent audit practices, and receiving financial reports submitted by reporting entities under its procedures. The regulator conducts capacity‑building activities and provincial outreach to align private sector reporting practices with national sector objectives and to improve overall financial transparency.
Key Developments
On 19 May 2026, ACAR organised a dissemination workshop titled “Accounting and Auditing Obligations and Related Regulations” in Siem Reap Province. The event was chaired by H.E. Bou Tharin, Director General of ACAR, and included welcoming remarks from H.E. Samkol Socheatra, Deputy Governor of Siem Reap Province, and Mr. Pheuk Sotheara, Vice President of the Siem Reap–Oddar Meanchey Chamber of Commerce. Approximately 150 participants from enterprises, accounting and audit firms, chambers of commerce, and non‑profit entities attended the session.
The workshop agenda covered the accounting and auditing profession in Cambodia, an overview of applicable accounting standards, and the procedures for submitting financial statements to ACAR. ACAR described the Accounting Compliance Enhancement Project as a 2026 initiative designed to operationalise elements of the 2025–2035 sector development strategy.
Compliance Implications
ACAR emphasised the practical steps that reporting entities should take to strengthen accounting practices, including maintaining accurate accounting records, preparing financial statements in line with recognised standards, and engaging independent auditors where applicable. The Director General stated that the proper adoption of an accounting culture can lead to improved tax compliance, linking accurate financial reporting practices with broader fiscal transparency objectives.
Official Source
Source: Accounting and Auditing Regulator (ACAR) announcement and workshop materials, Siem Reap, 19 May 2026; original social post: https://www.facebook.com/acarcambodia/posts/pfbid0isqaxPMtbhbcNiJbtPBGup5Q3vvMUY2vxKSuVB2HSHqAeQXRKAch8ZyQ2EgB5L9Fl
