Notification 031/24 ACAR (15 May 2024)
The Accounting and Auditing Regulator “ACAR” issued a Notification to provide incentives for enterprises and non-profit organizations to reduce their use of Khmer language in accounting records and supporting documents and allows the following as below:
- Enterprises and non-profit organizations can use the English language in accounting records and accounting supporting documents without translation into the Khmer language,
- Enterprises and non-profit organizations are required to translate any part or any point of those records or documents from English into Khmer language if required by ACAR officers during inspection only.
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