CloseWe provide highest quality audit and assurance services, accounting, taxation, consultancy, financial management, IT advisory and and related professional services.
Financial statements audits based on IFRS or any other comprehensive basis of accounting.Operational audits and assurance especially for donor funded projects such as The World Bank, ADB, AUSAID, USAID to name a few.Compliance audits especially with donor requirements.Review assurances engagements; andAgreed upon procedures engagements.
Learn moreBookkeeping outsourcing where Funan will maintain the day to day accounts and prepare monthly financial statements for the senior management;Closing of the monthly accounts and the preparation of the monthly financial statements for the senior management of the organisation. This will also include and cover the analysis of the financial statements with a variance analysis and commentary for ease of interpretation;Review of financial statements (CIFRS and CIFRS for SMEs);Preparation of financial statements (CIFRS and CIFRS for SME);Set up accounting policies and internal controls for newly established organisationsIFRS Conversions; andFinancial strategy and budgetary planning.
Learn moreFinance process excellence;Finance systems; Financial modeling;Financial, Tax and Legal due diligence; andWorking capital analysis and advice or working capital and financial resources improvements.
Learn moreCompany registration with the Ministry of Commerce. We will take care of all aspects including documentation and obtain the business registration. After it\'s expiry, we will renew that registration when renewal is needed. We will also assist with the preparation and submission of the Annual Certificate of Declaration to the Ministry of Commerce, which is due at the end of each calendar year;Registration with the General Department of Taxation within 14 days after obtaining the business registration from the Ministry of Commerce. We will assist in this registration and obtain the Patent Certificate and Value Added Tax registration. We can also assist in the annual application and obtain the Patent Certificate which is required annually;Registration of the new organisation with the Ministry of Labor. We can also assist in applying for the employee quota, obtaining the work book for local and expatriate employees and obtaining the annual work permit for expatriate employees; andResearch and market intelligence.
Learn morePreparation and submission of monthly and annual tax filings;Tax compliance audits and review;Tax advisory to maximize tax benefits for new organisations and specific projects; andTax dispute resolutions where we will represent organisations as their tax agent. We are registered with the General Department of Taxation
Learn moreHR Consulting and Recruitment. We will assist in salary surveys, head hunting and recruitment of staff, both local and expatriate and also ensure that the organisation\'s HR rules and regulations comply with the Cambodian Labor Law.
Learn moreThis includes set up of the accounting system and internal controls and HR management system.
Learn moreProviding professional advice on contractual issues: construction issues and contracts, land acquisition, company acquisitions and mergers, partnership issues and drafting documentation.
Learn moreSpecific training courses tailored to the organisations needs. The coverage of the training is related to hard and soft skills to meet the client’s needs. The details are as follows:Labor Law Training:A. The Implication of Employment Contract: Fixed Duration Contract and Unfixed Duration Contract (Legal and Illegal Termination and Its compensation)-2 Days TrainingB. The Calculation Method Based on Labour Law (2 Days Training)C. Trade Union & Shop Steward (How to deal effectively)—2 Days TrainingSoft Skills:A. Supervisory and People Management Skills – 2 Days TrainingB. How to Master the Presentation and Public Speaking Skills – 2 Days TrainingC. Emotional Intelligence for Leaders – 2 Days TrainingD. How to Effective Manager – 2 Days TrainingE. How to Lead Business Association Effectively – 2 Days TrainingF. How To Break the Team – 2 Days TrainingG. How to Fail the Communication at Workplace – 2 Days Training
Learn moreInformation Technology Services in terms of Navision software promotion. Navision is an Enterprise Resource Planning (ERP) software. Microsoft Dynamics NAV is multi-language, multi-currency business management solution that helps small and mid-size companies worldwide manage their accounting and finances, supply chain, and operations. Start with what you need now, and easily adapt as your business needs change. In the Microsoft cloud or on your servers—the choice is yours.
Learn moreFunan Consulting has partnered with one of the leading learning & development service providers in Cambodia to be able to offer our clients top quality people development solutions. We can help you with all workplace learning needs including soft skills, leadership, management, customer service, sales, marketing, HR and training. Please contact us now to find out how we can help you improve the performance of your people.
Learn moreMarket entry advice and sharing intelligence on “Doing Business in Cambodia\". This will cover professional and personal advice such as how to integrate in Cambodia as an expatriate employee covering housing, living conditions, schooling, where to eat and where to go for rest and recreation.
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The National Bank of Cambodia (NBC) and the General Commissariat of National Police have again called on the public to utilise formal financial service providers licenced by the government, not the informal and unlicensed ones.The urge was highlighted in a joint statement between NBC and the General Commissariat of National Police released recently.Legal financial service providers include authorised commercial and specialised banks, micro-finance institutions, financial leasing companies, payment service providers, and rural credit institutions.The notification followed an observation of emerging advertisement mobile phone, social media, and other online platforms for informal financial service provision, especially loans.Calling them anarchical and illegal services, the statement underlined it is misleading the public and hampering the economy and society.Those loans charge very high interest rates along with intimidation and exploitative contracts threatening people’s livelihood due to over-indebtedness.It eventually implicates financial stability, public trust, financial inclusion and development of banking system in Cambodia at large, it added.The NBC and the national police also encouraged the public to report any suspected informal and illegal financial service provider through the contacts listed in the statement. AKP-Lim Nary
On Wednesday, Meng Ly J, a private school operator. Kouch Education Case CSX debuted on the Cambodia Securities Exchange (CSX) after an official IPO with a total issuance volume of approximately $ 5 million.Meng Ly J. Kouch Education Case CC, one of the leading private school operators in Cambodia, has become the 11th listed company to officially list its securities on the Cambodian Stock Exchange.The company has 9,966,127 shares, each of which is worth 2,080 riels (according to the company\'s press release submitted to CSX.) $ 5 million.Duke Dr. Kouch Mengly, Founder and CEO of Mengly JSC. \"We currently have 16 branches with more than 20,000 students,\" said Kouch Education CMC. \"The proceeds from the listing will be used to establish more branches.\"He said 2,297 investors had bought the company\'s equity.Hong Sochua, CEO of CSX, said that CSX has registered a total of 20 companies, of which 11 are listed as shareholders and nine are listed as corporate bonds, raising a total capital of more than $ 300 million. .He added that so far about 40,000 investors have opened stock trading accounts on the CSX.CSX was established in 2012 as a joint venture between the Cambodian government with a 55% stake and the Korean Exchange with a 45% stake. Xinhua
The Council for the Development of Cambodia has issued registration certificates for nine new investment projects, creating a total of 13,849 job opportunities.According to a press release issued by the Council for the Development of Cambodia yesterday, the registered projects amount to $ 54.8 million. The project is located in Kampong Speu, Takeo, Svay Rieng and Kandal and Phnom Penh.The new projects will include kitchen appliances, lamps, bags, shoes, clothes, molds and packaging paper and cardboard.In addition, the special economic zone in Svay Rieng province will have a bicycle and e-bicycle factory, along with a project to produce electrical equipment.Last week, the Council for the Development of Cambodia gave the green light to six more investment projects with a total capital of $ 163.5 million in Phnom Penh; Kratie, Svay Rieng and Sihanoukville provinces.The project is expected to create more than 3,000 new jobs, producing car tires, metal and plastic jewelry, decorative accessories, lamps, glue, paint and more. AKP
