With reference to law on corporate accounts, their audits, and accounting professions promulgated by the King dated 08 July 2002, The Ministry of Economy and Finance has issued a prakas and followed by an announcement on the implementation of Cambodian Financial Reporting Standards-CIFRS for SMEs that became effective from early 2010. The regulation says the enterprises that are not public accountable entities shall apply the CIFRS for SMEs. The law also states that non-compliance with the law on corporate accounts, their audits, and accounting professions is deemed as the breach of the law and subject to fines and penalties. Are you ready to apply CIFRS for SMEs for your esteemed companies?
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The vision of Royal Consulting Co., Ltd is the Excellence of Service for our partners and clients in solving accounting, taxation, trainings and other business and financial matters.
