Background
The Accounting and Auditing Regulator operates under the Non‑Bank Financial Services Authority and administers compliance and implementation for the Law on Accounting and Auditing in Cambodia. The Law on Accounting and Auditing sets legal obligations for accounting and auditing practices, including requirements for financial reporting, professional conduct, and regulator oversight.
The regulator’s Compliance Enhancement Project is aligned with the sector development strategy for 2025–2035, which targets a resilient, transparent, and reliable accounting and auditing system. The project focuses on practical capacity building for financial managers, accountants, accounting firms, enterprises, and non‑profit organizations to improve compliance with accounting standards and related regulations.
Scope of Application
The Law on Accounting and Auditing and associated regulations apply to professional accountants and auditors, accounting firms, enterprises subject to statutory reporting requirements, and other entities covered by Cambodian financial reporting rules. Training and dissemination activities described here target both current practitioners and individuals completing undergraduate accounting programs to support broader sector compliance.
Key Provisions or Decisions
The regulator emphasized four core subject areas during outreach activities: (1) the Law on Accounting and Auditing and related regulations, (2) an overview of applicable accounting standards, (3) the structure and professional framework of the accounting and auditing profession in Cambodia, and (4) the Cambodia Certified Public Accountant program and related education pathways. These items reflect regulatory priorities for standard-setting, professional qualification, and legal compliance.
Implications for Investors, Businesses, or Compliance
Capacity-building measures and information dissemination support clearer compliance expectations for businesses and accounting firms and help reduce legal and reporting risks associated with non-compliance. The regulator’s training initiatives aim to increase practical implementation capability among company financial managers and accountants, which may influence how firms prepare financial statements and engage licensed auditors under Cambodian law.
Official Source
Event and outreach details published by the Accounting and Auditing Regulator on 21 May 2026: source post. The published notice reports that the regulator, together with the Kampuchea Institute of Certified Public Accountants and Auditors and the University of South‑East Asia (Siem Reap), organized a dissemination workshop attended by management, officials, academics, and approximately 200 students.
