National Bank of Cambodia issued letter No. Th7.019.122 S.Ch.N dated on 15 February 2019 to inform accounting standards for financial institutions under the supervision of National Bank of Cambodia.
|Types of institutions||Accounting standards|
|Commercial banks, specialized banks and microfinance deposit-taking institutions||Must implement Cambodian International Financial Reporting Standards (CIFRS)|
|Microfinance institutions, leasing companies and rural credit operators||Has option to implement Cambodian International Financial Reporting Standards or Cambodian International Financial Reporting Standards for Small and Medium Enterprises (CIFRS for SMEs). However, for the purpose of reporting to NBC, these institutions must implement CIFRS for SMEs.|
Advance Grand Formula Co., Ltd is licensed audit firm from Accounting and Auditing Regulator (ACAR Decision N0. 014), member audit firm of Kampuchea Institute of Certified Public Accountants and Auditors (license number C-00085) and tax agent from General Department of Taxation (license number TA202204002).
This Publication is intended for general guidance only and should not form the basic of specific decisions.
Should you need any further information or support, please contact us at: firstname.lastname@example.org (accounting), email@example.com (audit), firstname.lastname@example.org (tax) and number and telegram 085 36 8888 and 070 399 888.