10 Best Financial Consulting Firms In Cambodia

Disclaimer: The article is written based on our writer’s research for educational purposes only. Any entity, authority, or regulator does not endorse it.

Cambodia’s natural landscapes, beaches, and tourism industry attracts many international tourists and investments.

However, the hospitality industry is not the only one where foreigners like to invest in Cambodia. Many other industries, like construction, automotive, textile, etc., also contribute to the country’s economy.

Regardless of which industry you’re venturing into, business advisory, setup, business support, and financial consultancy are some of the major services you will need to get assistance. Therefore, having access to the best professionals is necessary.

If you’re a business entity or a startup looking for an expert financial consultant or financial consulting firm in Cambodia, this article is for you.

We have created a list of Cambodia’s best financial consulting firms, the services portfolio, and the office address. We hope you will find the right firm to help you excel in your business ventures.

Key Takeaways

The best financial consulting firms in Cambodia are as follows:

  1. Blue Chartered Accountants and Auditors Co., Ltd.
  2. Deloitte
  3. Grant Thornton
  4. Ernst and Young
  5. KPMG

Best Financial Consulting Companies of Cambodia

1.     Blue Chartered Accountants and Auditors Co., Ltd

Blue Chartered Accountants and Auditors Co., Ltd. is a Cambodia-based company offering professional services to the business entities of Cambodia. It is a KICPAA-approved firm with a team of over 25 highly-professional financial consultants and practitioners.

Blue Chartered Accountants and Auditors Co., Ltd’s services include business advisory, financial consulting, tax and accounting, risk assurance, and corporate and business support services.

BlueCAA is considered one of the trustworthy firms for the financial consultation and advisory provided to business clients in the areas of corporate finance, audit planning, compliance with financial rules, risk mitigation, and transaction services after mergers & acquisitions. 

Office

2nd Floor, The office 106, Street 304 Sangkat Boueng Keng Kang II, Khan Boueng Keng Kang Phnom Penh, Kingdom of Cambodia, Phnom Penh.

Check out it website here.

2.     Deloitte

Deloitte is the biggest name internationally, as well as in Cambodia, when it comes to business consultation, financial consultation, audit, and accounting solutions for corporate clients.

Deloitte is one of the big four accounting firms, and it has a history of over 170 years. The company has expanded across the world and is currently working in 150 countries.

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Deloitte entered the Cambodian market in 2014 and has become the leading financial and business consulting firm for the business entities of Cambodia.

The services portfolio of Deloitte Cambodia includes risk advisory, financial consultation & advisory, audit & assurance, legal consultation, and business management consultation.

The financial consultation services of Deloitte include consultation for mergers and acquisitions, capital restructuring and turnarounds, forensic accounting, financial risk assessment and mitigation, accounting operations advisory, etc.

3.     Ernst and Young

EY shares the fame of the big four firms with Deloitte, KPMG, and PwC. Ernst and Young Global Limited is also an international company specializing in professional and corporate services for business entities.

The company was founded in 1989, with its headquarters in London, United Kingdom.

EY entered the Cambodian market in the 2000s and re-established itself in Cambodia in 2008. The company has received its license to perform statutory audits of banks and financial institutions from the National Bank of Cambodia as well as certified by KICPAA.

If we talk about the services portfolio of EY, the company provides conventional services like legal consultation, tax services, workforce management, audit & assurance, transaction services, etc.

The financial consulting and advisory services offered by EY include corporate finance, forensics, finance managed services, and financial risk mitigation.

4.     Tokyo Consulting Firm

Tokyo Consulting Firm Co. Pvt. Ltd. is an internationally recognized firm that offers corporate professional services for business entities. The company has served international firms through the professionals of Cambodia.

The company’s service portfolio includes accounting, tax, HR, legal, IT, financial advisory & consultation, and mergers & acquisition advisory for corporate clients. The financial consulting services of Tokyo Consulting Firm Co. Pvt. Ltd. include financial audit, forensic accounting, financial compliance, business setup, and risk mitigation services.

Office

9th floor of KT Tower, Street 112, No23, Sangkat Phsar Depo3, Khan Tuol Kork, Phnom Penh, Cambodia

5.     KPMG

Klynveld Peat Marwick Goerdeler, popularly known as KPMG, is an international firm that came into existence after the merger of Peat Marwick International and Klynveld Main Goerdeler in 1987. Both companies have a history of over a century. KPMG has expanded its international network in more than 150 countries.

KPMG entered the Cambodian market in 1994, and the network has grown to over 300 professionals having expertise in different areas. The main services offered by KPMG Cambodia include tax advisory, business management consultation, audit & assurance services, corporate services, financial consultation, and risk advisory.

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Business entities in the hospitality, construction, automotive, and capital markets can hire KPMG services for a financial consultation. The financial consultation services of KPMG include financial due diligence, capital restructuring, risk assessment & mitigation, and business valuations, deal planning, etc.

6.     Nexia International

Nexia International is a global network of independent firms offering business clients corporate services, financial services, and consultation. There are over 600 global offices, 260 member firms, 2178 partners, and business operations in 122 countries.

PAC Cambodia is the official partner firm of the Nexia International network and offers corporate services to business entities in Cambodia. The firm was established over a decade ago and recognized itself as one of the best financial consulting and business advisory firms in Cambodia.

Let’s talk about the financial consulting services offered by PAC Cambodia. It includes financial advisory for mergers & acquisitions, insolvency, and liquidations, as well as financing & investment services for small and medium-sized business entities across different industries.

7.     Baker Tilly

Baker Tilly Co., Ltd is the 10th largest network of accounting firms and professionals, having a presence in 148 countries.

The company identifies itself as a business advisory and accounting services network of firms. Baker Tilly is also an international firm that is registered as Baker Tilly Co., Ltd.

Baker Tilly Cambodia was founded in 2007 and proved to be one of the Cambodian market’s best financial consulting and advisory firms.

The services offered by Baker Tilly Co., Ltd. include audit & assurance, tax services, forensics, business advisory, and accounting services.

The financial consultation services of Baker Tilly Cambodia include forensics accounting, risk assessment and mitigation, corporate restructuring, capital restructuring, financial due diligence, financial modeling, and feasible studies & investment appraisals.

8.     BDO

Binder Dijker Otte, recognized as BDO, is also a firm of international origin, and the network is expanded to more than 164 countries. It is a global network of firms originally founded by British, German, and Dutch member firms in 1973.

The company has grown to a network of 1713 offices and 95,414 human resources. The company’s headquarters are located in Zaventem, Belgium.

BDO Cambodia was established in 2009, and the company has made itself one of the leading full-service companies offering diverse corporate services.

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The services portfolio of BDO Cambodia includes advisory services, tax consultation, business process support, and financial consultation.

The company’s financial consulting and advisory services focus on corporate finance, capital restructuring, and forensic accounting. Besides, transaction services advisory is also included in the advisory services of BDO Cambodia.

9.     Grant Thornton

Grant Thornton is also an international company known for its corporate services for business entities in diverse industries. The company is the seventh-largest in terms of revenues and sixth-largest in terms of workforce size worldwide.

Grant Thornton Cambodia was established in 2004 after the reorganization and expansion of Grant Thornton Malaysia & Grant Thornton Vietnam.

The services portfolio of Grant Thornton includes financial consultancy, auditing & assurance, accounting and tax services, business process support, and business assistance.

Let’s talk about the financial consultancy and advisory services Grant Thornton offers in the Cambodian market. The company focuses on general consultation, anti-money laundering advisory, financial transformation, public company readiness, forensic accounting, restructuring & turnarounds, financial risk assessment, and mitigation.

Office

Canadia Tower, 20th Floor, 315, Street Preah Ang Duong St. (110), Phnom Penh, Cambodia

10.  Cam Accounting and Tax Services

Lastly, Cam Accounting and Tax Services Co., Ltd is a national-level full-service firm offering business support and financial services to corporate clients working in different industries.

The Cam Accounting and Tax Services Limited team comprises CPAs, CAs, and ACCA-qualified professionals with internationally-accredited certifications.

The services portfolio of CamAT includes auditing, accounting, financial management, tax compliance, bookkeeping services, financial advisory, and other corporate affairs according to the KICPAA and IFAC codes of ethics.

The financial advisory services of Cam Accounting mainly focus on the routine financial matters of the business entities and following financial rules in the compilation of financial statements.

What is the best Big 4 consulting firms in Cambodia?

The Big 4 consulting firms, which refer to Deloitte, PwC, EY, and KPMG, have a significant global presence, but they may not have offices or operations in every country.

However, there are several consulting firms operating in Cambodia, such as BDO, DFDL, and R&T Sok & Heng.

These firms provide a range of services, including accounting, tax, legal, and business consulting. It’s essential to do your research and evaluate each firm’s expertise and reputation before engaging their services.