Cambodia Accounting Forum 2024 under the theme “Roles of Accounting & Financial Technology in Cambodia 2030 Vision”

Oct 21, 2024

On Thursday and Friday, October 17-18, 2024, at Diamond Island Convention and Exhibition Center, Accounting and Auditing Regulator (ACAR) in collaboration with Kampuchea Institute of Certified Public Accountants and Auditors (KICPAA) and ACCA Cambodia, co-organized the Cambodia Accounting Forum 2024 under the theme “Roles of Accounting & Financial Technology in Cambodia 2030 Vision”. This forum was highly presided over by H.E. NGY TAYI, Secretary of State of the Ministry of Economy and Finance, and the member of the Non-Bank Financial Services Authority, highly representative of H.E. Academician AUN PORNMONIROTH, Deputy Prime Minister and Minister of the Ministry of Economy and Finance, and the Chairman of the Non-Bank Financial Services Authority, accompanied by H.E. BOU THARIN, Director General of the Accounting and Auditing Regulator.

This first National Accounting Forum was held to focus on:

– An overview of policies, regulations, and development plans for the financial sector, accounting, and financial technology aligned with Cambodia’s Vision 2030.

– The launch of financial statements for small and medium enterprises and not-for-profit entities.

– Results of a study on the use of technology by accounting and auditing firms in Cambodia

– Sharing experiences, opportunities, and challenges in implementing financial reporting standards

– Results of the study on the future of financial functions in 2030

– The importance of skills development and qualifications in achieving Cambodia’s Vision 2030.

Additionally, Mr. KHUN Darith, President of KICPAA, Mrs. SAVUTH Daly, Executive Director of KICPAA, and Mr. Chea Thourn, Education of KICPAA, contributed valuable insights as presenters and panelists during the forum.

This forum is attended by His and Her Excellencies, the Secretary of State and Under-Secretary of State, as well as management and officials from the Ministry of Economy and Finance, representatives from other relevant line ministries, business owners, representatives of not-for-profit entities, and esteemed guests from both national and international backgrounds, totalling 2,650 participants.