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Panel Discussion On Tax, Accounting And Auditing In Cambodia's Food Industry

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On February 29, 2024, the Cambodia Restaurant Association (CRA) hosted a workshop on "Tax, Accounting & Auditing in the Food Industry", which featured an insightful panel discussion that touched on a number of pressing questions related to tax and accounting compliance in Cambodia. 

Moderated by Anthony Galliano, Group CEO of Cambodian Investment Management (CIM) and Treasurer for the CRA, the panel featured representatives from the General Department of Taxation (GDT), the Accounting and Auditing Regulator of Cambodia (ACAR), and the private sector.

Some of the topics the panel discussion covered were:

  • GDT field audits of restaurants
  • Clarification on ACAR penalty exemptions
  • What it's like for private sector businesses to navigate compliance challenges
  • How to ensure high standard of tax reporting
  • Delayed receipt of penalty letters from ACAR

Watch the full video above for all the details. 

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