September 20, 2010
Source: Xinhua
Foreign accountants and auditors will be no longer allowed to certify financial statements from 2014, said a senior finance official on Monday.
"Even if the mutual agreement between Cambodia and other countries has not been implemented, the foreign professional accountants and auditors are welcomed and allowed to freely practicing their profession in Cambodia," Ngy Tayi, Secretary of State for the Ministry of Economy and Finance and Chairman of the National Accounting Council, said on Monday at the National Conference on Accounting "Accountants for Business: Changing Roles for Accountants" in Phnom Penh.
Today, there are 31 accounting and auditing firms operating and practicing their service in Cambodia, however, "from 2014, only Cambodian accountants and auditors will be allowed to certify on company's financial statements", he said.
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"Even if the mutual agreement between Cambodia and other countries has not been implemented, the foreign professional accountants and auditors are welcomed and allowed to freely practicing their profession in Cambodia," Ngy Tayi, Secretary of State for the Ministry of Economy and Finance and Chairman of the National Accounting Council, said on Monday at the National Conference on Accounting "Accountants for Business: Changing Roles for Accountants" in Phnom Penh.
Today, there are 31 accounting and auditing firms operating and practicing their service in Cambodia, however, "from 2014, only Cambodian accountants and auditors will be allowed to certify on company's financial statements", he said.
Please click here to read more...
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