The Cambodian Financial Reporting Standard for Not-for-Profit Entities (CFRS for NFPEs) is a tailored financial reporting framework designed to meet the unique needs of non-profit organizations in Cambodia. Issued by the National Accounting Council (NAC) in December 2017, under the authority of Article 11, Chapter 4 of the Law on Accounting and Auditing 2016, and […]
Auditing and accounting firms in Cambodia are governed by the Law on Accounting and Auditing, promulgated under Royal Kram No. NS/RKM/0416/006, dated 11 April 2016. To legally provide accounting and auditing services, a firm must first be established as a registered company in Cambodia, which involves registration with the Ministry of Commerce (MoC) and the
List of Accounting and Auditing Firms in Cambodia (Updated 2025) Read More »
Audit Obligations Under the Law on Accounting and Auditing (amended 2021) and Prakas No. 563 MEF.Prk (2020), certain categories of entities are required by law to have their financial statements independently audited by a registered audit firm. The Prakas clearly stated the classification of Enterprise/Non-for-profit Organisation on the obligation to submit the audited report to
Statutory Audit Requirements and Obligations in Cambodia: Everything You Need to Know Read More »
