Cambodia: Instruction No. 023/25 on Using the Digital Financial Reporting Platform in Preparing and Submitting Financial Reports to the Accounting and Auditing Regulator

DFDL Cambodia

9th July 2025

The Accounting and Auditing Regulator, under the Non-Bank Financial Services Authority Issued Instruction No. 023/25 on May 22, 2025. This instruction outlines the procedures and formalities for enterprises and non-profit organizations to prepare and submit Annual Financial Reports via the Digital Financial Reporting Platform.

The Accounting and Auditing Regulator (“AAR“), under the Non-Bank Financial Services Authority (“FSA“) Issued Instruction No. 023/25 on May 22, 2025. This instruction outlines the procedures and formalities for enterprises and non-profit organizations to prepare and submit Annual Financial Reports via the Digital Financial Reporting Platform.

Key Highlights:

Platform Use: In accordance with Prakas No. 039 FSA.P., dated May 20, 2025, on the implementation of the Financial Reporting Reduction Framework and the AAR Digital Financial Reporting Platform, all entities who use the “Digital Financial Reporting Platform” to prepare and submit annual Financial Reports to the AAR must adhere to the formalities and procedures.
Account Setup: Entities must register via www.acar.gov.kh, link their E-FILING account, and obtain a Financial Reporting Identification Number (FIN) if needed.
Report Preparation: Financial data must be entered using an Excel template or imported from approved accounting systems. A service fee is payable via KHQR.
Automated Compliance Verification: The enterprise or organization shall verify the financial reports using the automated compliance verification. The compliance verification includes Genuine Errors (must fix) and Possible Errors (recommended review).
Digital Approval: Directors approve reports using a secure 4-digit code sent via email, certifying accuracy of the financial reports.
Final Submission: Approved reports are submitted to AAR’s E-FILING system with payment of the annual filing fee via KHQR.

This initiative aims to streamline reporting, enhance accuracy, and ensure timely compliance. Support is available via QR codes embedded in the instruction.

Bookkeeping services, required to be undertaken by a licensed firm in Cambodia, are provided by Mekong Accounting Services Co., Ltd, a member of the DFDL group, a corporate member of the Kampuchea Institute of Certified Public Accountants and Auditors and licensed by the Accounting and Auditing Regulator of Cambodia.

Michelle Cielo, Accounting Director, Cambodia

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DFDL Cambodia

Cambodia
dfdl.com

DFDL established its headquarters in Cambodia in 1995. DFDL is licensed as an investment company by the Council for the Development of Cambodia and the Cambodian Investment Board. We are also registered as a private limited company with the Ministry of Commerce. Under these licenses and registrations, we are permitted to provide business consulting, tax and investment advisory service of an international nature.

On 1 March 2016, DFDL and Sarin & Associates joined forces and established a commercial association and cooperation in order to form a new business transactions platform to serve clients with interests in Cambodia and across the expanding ASEAN marketplace.

DFDL and Sarin & Associates have worked together for over 10 years in Cambodia. Sarin & Associates has long been recognized for providing advice to companies in Cambodia in several sectors, such as telecommunication, energy, retail, real estate, financial services, banking, etc.

Our clients are major international and Asian foreign investors in Cambodia, including large foreign and Asian financial institutions. We have been involved in major projects in Cambodia including electricity projects, aviation, telecommunications, infrastructure projects and large real estate projects.

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