Summary
On 26 May 2026 the Accounting and Auditing Regulator (ACAR) of the Non‑Bank Financial Services Authority held a dissemination workshop on accounting and auditing obligations and related regulations for enterprises and non‑profit entities. The event was chaired by H.E. Bou Tharin, Director General, and attended by approximately 180 participants including representatives of businesses and non‑profit organisations. ACAR announced the 2026 Compliance Enhancement Project Task Force as part of efforts to implement the Cambodia Accounting and Auditing Sector Development Strategy 2025–2035.
Background
The Accounting and Auditing Regulator (ACAR) operates within the Non‑Bank Financial Services Authority and administers accounting and audit reporting requirements for enterprises and non‑profit entities. ACAR’s remit includes publishing guidance on submission procedures for financial statements and promoting adherence to applicable accounting and auditing obligations.
In 2026 ACAR launched a Compliance Enhancement Project Task Force to support measures in the Cambodia Accounting and Auditing Sector Development Strategy 2025–2035. The strategy sets objectives to develop a more robust, transparent, and reliable accounting and auditing system by strengthening professional capacity and reporting practices across firms, enterprises, and non‑profit organisations.
Scope of Application
The regulator’s outreach and the Compliance Enhancement Project target enterprises and non‑profit entities that prepare financial statements and rely on accounting and audit services in Cambodia. ACAR engagement also covers accounting and auditing firms, financial managers, and individuals with responsibilities for financial reporting and audits under Cambodian reporting frameworks.
Key Provisions or Decisions
The workshop disseminated material on accounting and auditing obligations, the overview of applicable accounting standards, and the formal procedures for submitting financial statements to ACAR. ACAR emphasised the Compliance Enhancement Project Task Force as a coordination mechanism to deliver capacity‑building and practical implementation support to financial managers, accountants, and audit firms.
Implications for Businesses and Compliance
Enterprises and non‑profit organisations that produce financial statements should follow the submission procedures specified by ACAR when filing reports to the regulator. Capacity building for financial managers and accountants is a focal point of the Compliance Enhancement Project, which is intended to improve the practical application of accounting and auditing obligations across public interest and private entities.
Official Source
Event notice and statements from ACAR: Facebook post by Accounting and Auditing Regulator, 26 May 2026 — source.
