Background
The Accounting and Auditing Regulator (ACAR) is the Cambodian body responsible for oversight of accounting and auditing standards and practitioners. ACAR conducts technical consultations and research to inform regulatory frameworks for governance within the accounting and auditing sector.
On 3 June 2026 ACAR held a consultation workshop, with the authorization of Director General H.E. Bou Tharin, to collect stakeholder input for a framework that will guide a forthcoming regulatory review on governance. The workshop included ACAR officials led by Ms. Preap Kaknika and representatives from entities supervised by the Non-Bank Financial Services Authority (FSA).
Scope of Application
The preparatory consultation focused on governance issues relevant to accounting and auditing oversight and on governance arrangements that intersect with non-bank financial services. Attendance by FSA-represented entities indicates the review framework will consider governance practices affecting both audit/accounting functions and non-bank financial services participants.
Key Provisions or Decisions
No binding regulatory provisions were announced at the consultation; the session was convened to gather inputs that will inform the drafting of a governance review framework. The workshop served as an evidence-gathering step to support subsequent regulatory drafting and stakeholder engagement processes.
Implications for Investors, Businesses, or Compliance
Entities that provide or rely on accounting and auditing services, including those operating under the FSA’s supervision, should monitor ACAR’s follow-up outputs to understand forthcoming governance expectations. The development of a formal review framework would establish a common reference for governance practices and oversight mechanisms once it is finalized and promulgated.
Official Source
ACAR Facebook post announcing the consultation workshop, 3 June 2026: https://www.facebook.com/acarcambodia/posts/pfbid024BUEUYcgZ8Q9y4KnPRaheNgohvjSwepMhdvbggg4ujPQVF38S4H9xgkRhNeY2Nexl
