The Statutory (compulsory) audit requirements are established under the Law on Accounting and Auditing and detailed in The Prakas No. 563 (MO 563) issued by the Ministry of Economy and Finance (MEF).
The following Entities are required to undergo statutory audit:

1. Public enterprises -> Always required
2. Public Interest Entities (PIEs) -> Always required
3. Qualified Investment Projects (QIPs) -> Always required
4. Private enterprises -> If meet 2 of 3 criteria: turnover, assets, employees
5. Not-for-Profit organizations -> If exceed expense and employee thresholds

1. Public Enterprises
Enterprises established under the Law on the General Statute of Public Enterprises are required to have annual audited financial statements.
2. Public Interest Entities (PIEs)
Entities with public accountability must be audited. These include:
• Companies with equity or debt instruments traded on a public market (domestic or international);
• Financial institutions such as banks, deposit-taking microfinance institutions (MFIs), credit unions, insurance companies;
• Securities firms, brokers, investment funds, and similar fiduciary businesses.
3. Qualified Investment Projects (QIPs)
Enterprises registered as QIPs with the Council for the Development of Cambodia (CDC) under the Investment Law are required to submit audited financial statements annually.

4. Quantitative Thresholds (Large Enterprises)
For enterprises other than public enterprises, PIEs, and QIPs, a statutory audit is required if the entity meets two (2) of the following three thresholds at the end of the financial year:
1. Annual turnover exceeding KHR 4,000,000,000 (approximately USD 1 million);
2. Total assets above KHR 3,000,000,000 (approximately USD 750,000);
3. More than 100 employees.

5. Not-for-Profit Entities (NGOs)
Not-for-profit entities are required to have their financial statements audited if both of the following criteria are met:
• Annual expenses exceed KHR 2,000,000,000 (approximately USD 500,000); and
• More than 20 employees.

Pursuant to the applicable accounting and auditing regulations in Cambodia, entities are required to submit annual financial statements to the Accounting and Auditing Regulator (ACAR) within the prescribed timelines.
1. Entities other than small taxpayers that are not required to do a statutory independent audit must submit their 2025 financial statements by 15 April 2026.
2. Entities that are required to undergo a statutory independent audit must submit their audited annual financial statements to ACAR by 15 July 2026.
Entities are advised to plan their accounting finalization and audit processes accordingly to mitigate compliance risks and potential regulatory penalties.

Our Audit, Tax & Accounting Expert

Ms. Haing Sivtieng, MIPA, MBA                                 
Tax & Accounting Partner                                          
Mobile: +855 89 777 589

Mr. Keat Heng, ACCA, CPA, FCCA
Audit Partner
Mobile : +855 12 753 257
E-mail : info@krestoncambodia.com
Website : www.krestoncambodia.com