Cambodia is a Southeast Asian country located on the Indochinese mainland, comprising plains and rivers. The main industries of the country are textile, agriculture, and tourism. The capital of Cambodia is Phnom Penh.
The country’s financial management and accounting industry are also among the top contributors to the country’s economy. Most of the industry is concentrated in the country’s urban areas like Phnom Penh, the country’s capital.
Cambodia has attracted investments from different multinational accounting and auditing companies due to the flexibility of using diverse accounting rules and standards in the country.
The country’s law doesn’t outline the accounting standards for audits. However, most CPAs from the United Kingdom dominate the industry.
Today’s article lists the top 10 auditing and accounting companies in Cambodia that you might want to hire for services in your business. So let’s get into it.
Statistics About Cambodia’s Accounting And Auditing Industry
Here are some statistics about the auditing and accounting industry in Cambodia:
- There are around 60 auditing and accounting firms in Cambodia
- There are only 79 ACCA-qualified Cambodian accountants in the country.
- There are 15 Cambodia Accounting Standards that are based on International Accounting Standards and 10 Cambodian Standards on Auditing
- KICPAA (The Kampuchea Institute Of Certified Public Accountants and Auditors) is the national accountancy body in Cambodia that is designated to confer the Chartered Accountant of Cambodia.
10 Accounting And Auditing Companies
After considering the stats about the Cambodian accounting & auditing industry, it is important to know the top firms you can trust. So here is the list which you can choose from:
1. KPMG Cambodia
KPMG is an international company with a worldwide presence and is one of the Big Four accounting firms. KPMG entered the Cambodian industry in 1994, and currently, over 300 professionals are working in the company to establish professional services for different industries in Cambodia.
The clientele of the company comprises local and international clients due to the top-notch quality of services provided by the teams working at Cambodia KPMG.
The company provides the following services to different industries, including financial institutions, insurance companies, industrial manufacturers, construction companies, etc.:
- Audit and accounting
- Business advisory
- Corporate services a business needs
4th floor, Delano Center, No. 144, Street 169, Sangkat Veal Vong, Khan Prampir Meakkakra, Phnom Penh
2. PwC Cambodia
PricewaterhouseCoopers Ltd., formally known as PwC, is an international leader in providing businesses worldwide financial, taxation, and legal services.
PwC is a London-based company that was established and became the second-largest professional services network worldwide.
PwC, one of the Big Four services firms, operates in more than 152 countries with 742 offices and 328000 employees.
PwC entered the Cambodian market in 1995 and has been operating for more than 20 years. PwC Vietnam has been recognized as the market leader for its independent services.
PwC provides the following services in Cambodia:
- Audit and assurance
- Financial reporting according to Vietnamese Accounting Standards and International Financial Reporting Standards(IFRS)
- Business Consulting
- Taxation service
- Legal service
58C Preah Sihanouk Blvd (274), Phnom Penh, Cambodia
3. BDO( Cambodia) Limited
Binder Dijker Otte is an international firm in the domain of public accounting, business advisory, tax, and consulting. It was established in 1973, and German & Dutch member firms adopted a common name BDO.
The global organization has a presence in over 164 countries, with around 95,414 employees and 1713 offices. BDO defines the business in five components: client needs, communication, commitment, people, and value.
The company provides the following services to clients worldwide:
- Audit and assurance(agreed upon procedure, reporting accountants for IPOs, audit, financial statement review)
- Tax(tax compliance, investment venture advisory, corporate tax, and tax audit)
- Business advisory
- Business services and outsourcing(accounting, payroll, bookkeeping, etc)
Suit 28, Hotel Cambodiana, 313 Preah Sisowath Quay, Chaktomuk, Duan Penh.
4. Deloitte (Cambodia) Co., LTD.
Deloitte is an international firm and is a leading global provider in the auditing and accounting domain. The company has a history of 150 years, with over 312000 people working in 150 countries and territories.
Deloitte was also listed in the first five Fortune Global 500 Companies. The company entered Cambodia in September 2014 and making a difference in the industry since then.
The company provides the following services in Cambodia:
- Audit and assurance
- Consulting and financial advisory
- Legal consulting
- Risk advisory
- Tax consultation
Deloitte (Cambodia) Co., Ltd Vattanac Capital Tower, Floor 8, Unit 8, #66, Monivong Blvd, Sangkat Voat Phnom, Khan Doun Penh, Phnom Penh, Cambodia.
Blue Chartered Accountants and Auditors Co., Ltd. is a Comodia-based independent firm licensed by ACAR. Besides, the firm is also licensed as a professional tax agent by GDT and a member of KICPAA. The firm, established in 2019, specializes in auditing and assurance.
The company provides the following services to different professional and business clients:
- Accounting services, including financial reporting and bookkeeping
- Audit and assurance services, including statutory audits, financial audits
- Outsourcing and advisory services
2nd Floor, The office 106, Street 304 Sangkat Boueng Keng Kang II, Khan Boueng Keng Kang Phnom Penh, Kingdom of Cambodia, Phnom Penh
5. Nexia International
Nexia International is a global leader in dedicated accounting and auditing services. The global network of independent accounting and consulting firms has a presence in 128 countries with 265 member firms, and 34,500 associated professionals. PAC(Cambodia) Co., Ltd., a Cambodian Nexia International member.
Cam Accounting and Tax Advisory company is providing services in the following domains:
- Accounting Services
- Auditing and Assurance
- Corporate and Personal Taxation
- Other Consulting Services
- Risk Management
- Restructuring and Insolvency
Diamond Twin Tower Sunrise Building Level 25th Unit S2502 Phnom Penh
7. Donasco & Co.
Donasco & Co. is also a Cambodian firm specializing in accounting and auditing. The company has a mission of helping clients reach their respective potentials for every engagement the firm work on.
The company was established in 2006 and is an active member of the KICPAA. Donasco & Co. specializes in accounting, auditing, outsourcing, and business advisory services.
Donasco & Co. provides the following services to their business clients:
- Accounting services like financial reporting, accounting statements, etc
- Advisory and consulting services
- System selection and support
- Tax services and advisory
- Audit and assurance services, including statutory audit, internal audit, investigation audit, etc.
8. Baker Tilly (Cambodia) Co., LTD
Baker Tilly Co., LTD is also an international accountancy and business advisory network. Baker Tilly International is ranked as the 10th largest accounting network in the world per revenues. The firm’s global network is working in 148 countries at 706 offices with a workforce of over 39,000 professionals.
BakerTilly expanded and officially launched in Cambodia in the year 2007. Currently, the company offers a wide range of professional services in the accounting, auditing, and business advisory domains.
The current portfolio of BakerTilly Cambodia’s services is as follows:
- Audit and assurance
- Business Consultancy
- Risk management and financial advice
- Forensic and investigation
- Corporate recovery and restructuring
- Outsourcing of the companies’ secretarial works, bookkeeping, and payroll
9. Lochan & Co (Cambodia) Company Limited
Lochan & Co is an international firm with expertise and extensive experience in accounting, auditing, and business consultation.
The company has business in over 65 countries and has been working for the last 65 years. Lochan & Co. (Cambodia) is a Lochan & Co International member with authorization to work in Cambodia.
Businesses can hire the company for the following services :
- Corporate finance tax
- Risk consulting and internal audit
- Assurance and audit
- New business registration
- Management consulting
10. Grant Thornton (Cambodia) Limited
Lastly, Grant Thornton is a US-based firm that was founded in Chicago in 1924. Grant Thornton Cambodia Limited is a member of the broader network of Grant Thornton International Ltd.
The global network is the leading network of independent accounting and consulting firms in different countries.
Grant Thornton Limited in Cambodia provides the following business services:
- Audit and assurance
- Business advisory(risk management, transaction services, turnaround restructuring insolvency, legal, financial outsourcing)
- Tax and corporate tax
- Financial reporting and analysis
20th Floor, Canadia Tower, 315 Preah Ang Duong Street (Corner Monivong Blvd.), Sangkat Wat Phnom, Khan Daun Penh, Phnom Penh, Cambodia.
Disclaimer: The article is written based on our writer’s research for educational purposes only. It is not endorsed by any entity, authority, or regulator.