SOK ROZAK, ACCA, CPA

Key Responsibilities:

• Strategic Leadership & Firm Management: Spearheaded the strategic direction of the firm’s auditing, accounting, and tax services, focusing on growth, client satisfaction, and operational excellence in the local Cambodian market. Guided the integration of international auditing and tax standards (CISA, CIFRS/IFRS) with local Cambodian regulations, particularly in the SME sectors.

Audit and Assurance Services:

• Led statutory and internal audits for a broad client base, including local businesses, cooperative financial institutions, and multinational enterprises. Ensured full compliance with Cambodian auditing standards and international auditing standards (CISA).
• Supervised the audit process, including risk-based audit methodology, internal control assessments, and financial reporting. Provided actionable insights on risk mitigation, operational efficiencies, and financial transparency to improve governance.
• Managed complex audit engagements for financial institutions, including cooperative banks, ensuring compliance with both cooperative principles and Cambodian financial regulations.
• Directed the review and evaluation of financial statements to ensure they reflected true and fair views of clients’ financial health in accordance with CIFRS and local accounting standards.

Tax Advisory and Compliance:

• Oversaw all tax compliance and advisory services, ensuring corporate tax (TOI), VAT, Withholding Tax, and Specific Tax compliance for a diverse portfolio of clients, including local SMEs, cooperatives, and foreign investors.
• Led the development of tax strategies for clients, advising on corporate restructuring, transfer pricing, and cross-border tax planning. Provided tax risk assessments and defense strategies for clients in tax audits by the General Department of Taxation (GDT).
• Managed tax filings and tax dispute resolution, ensuring that clients maintained the highest standards of compliance with Cambodian tax regulations.
• Offered expertise in tax-efficient financing for cooperatives, including guidance on cooperative tax laws, member-based accounting, and social impact taxation for non-profits and development organisations.

Risk Management and Internal Controls:

• Designed and implemented risk management frameworks for clients, focusing on fraud prevention, regulatory compliance, and operational risks. Guided clients on establishing robust internal control environments in line with both international auditing standards and Cambodian financial regulations.
• Led assessments of financial reporting systems, providing advice on improving financial transparency and reducing risks of non-compliance with local and international standards.
• Client Relationship Management and Business Development.
• Developed and nurtured strong relationships with key clients, including cooperative banks, NGOs, local enterprises, and multinational corporations, ensuring exceptional service delivery and long-term client retention.
• Led the firm’s business development efforts by identifying opportunities within the cooperative sector, foreign investment market, and NGO sector, expanding the firm’s portfolio in key verticals such as financial institutions, development finance, and more.
• Successfully led client acquisition strategies, positioning the firm as a trusted adviser in Cambodia’s evolving financial services, and cooperative sectors.

Team Leadership and Professional Development:

• Managed, mentored, and developed a team of senior and junior auditors, accountants, and tax professionals, ensuring they had the expertise required to apply international best practices and comply with local regulatory requirements.
• Championed professional development by implementing training programmes focused on IFRS, CIFRS, tax regulations, and audit methodologies, fostering a culture of continuous learning and technical excellence.

Technology Integration & Process Improvement:

• Led the adoption of advanced audit tools, including data analytics platforms and AI-based audit software, to improve the efficiency, accuracy, and scope of audits.
• Enhanced the firm’s internal audit processes and streamlined tax compliance using cloud-based accounting software, ensuring seamless reporting and real-time data access for clients.
• Kept organisation in compliance with regulations and internal requirements.
• Developed successful strategies and policies, meeting organisational needs and implementing improvements.
• Worked with company executives to develop plans for long-term and short-term goals for steady business growth.
• Built successful business culture focused on performance optimisation and goal attainment.
• Developed high-performing teams to consistently exceed goals, drive revenue and expand markets.
• Cultivated lasting relationships with key clients, securing repeat business and facilitating expansion into new markets.
• Engaged in continuous professional development, keeping abreast of legal and regulatory changes affecting the industry.
• Engaged in high-level stakeholder management, ensuring alignment with corporate goals and driving business performance.
• Set ambitious expectations for operations and established pathways to accomplishing goals.
• Provided strategic advice to the board based on improvements required, opportunities and business trends.
• Cultivated strong industry relationships to promote services and improve business operations.
• Evaluated departmental performance and developed improvements to key operations.
• Coordinated with marketing teams to develop impactful campaigns, enhancing brand visibility and engagement.

2019 to 2024

Key responsibilities:

• Compiled material related to audit guidelines and the audit handbook as a basis for audit policies and procedures on the process of auditing in an Agricultural Cooperative.
• Compiled training materials for the team audit, which consist of officers from the Department for the Promotion of Cooperatives (DACP) in the Ministry of Agriculture (MAFF), the audit team from DGRV, relevant stakeholders from CACA, and employees of local NGOs since 2019.
• Joint compiling of audit check checklist.
• Sole compiled of audit working on Materiality and planning of audit process in spreadsheet.
• Solely responsible for compiling audit work on the executive section for each assertion of the financial accounts and control of the audit process in a spreadsheet.
• Solely compiled of audit working on understanding process and document (SCOT and Walkthrough) in executive.
• Sole compiled of audited financial statement on report section and management letter.
• Joint compiled of weighted scoring of compliance, operational and finance issues in in spreadsheet and annex.
• Led audit fieldwork and coaching to audit team.
• Updated training to audit team on technical skills in accounting and audit of Agricultural Cooperative.

2024 to2025

Audit planning

• Conducted client acceptance and continuance assessments to ensure compliance with firm policies and ethical standards.
• Performed business understanding reviews to evaluate industry, operations, and financial reporting environment of agricultural cooperative.
• Assessed entity-level controls to determine effectiveness of governance, risk management, and internal control systems of agricultural cooperative.
• Applied performance materiality (PM), tolerable error (TE), and summary audit difference (SAD) thresholds to guide audit testing and conclusions.
• Executed combined risk assessments (CRA) to identify significant accounts and tailor audit procedures accordingly.
• Ensured audit team independence confirmations were completed in line with professional and regulatory requirements.
• Prepared comprehensive audit planning memoranda documenting scope, objectives, and risk considerations.
• Facilitated team planning events to align audit strategy, responsibilities, and timelines.
• Designed and implemented planning analytical procedures to identify unusual trends and potential risk areas.
• Drafted and finalized engagement letters outlining audit scope, responsibilities, and terms of service.

Audit execution (Field work)

• Conducted process reviews of Significant Classes of Transactions (SCOT) to understand flow and identify key risks and control points.
• Performed walkthrough procedures to confirm understanding of business processes flow and validate control design and identify risk.
• Executed tests of controls to assess operating effectiveness and reduce reliance on substantive testing (TOD).
• Prepared and documented substantive tests of details in comprehensive audit working papers to support conclusions and ensure compliance with auditing standards.
• Ensure team is able to complete working paper and collect sufficient audit evidence as well as smoothly communicate with client.

Audit conclusion

• Prepared and finalized Summary Review Memoranda (SRM) to document audit findings and overall conclusions.
• Completed Fraud Consideration Forms to evaluate fraud risks and ensure appropriate audit responses.
• Assessed entity viability through Going Concern evaluations and documented findings in formal reports.
• Reviewed compliance with laws and regulations relevant to financial reporting and agricultural cooperative operations
• Analyzed and documented litigation and claims to assess potential financial and disclosure impacts.
• Evaluated transactions and disclosures involving related parties for transparency and compliance.
• Obtained and reviewed management representation letters to confirm responsibilities and disclosures.
• Prepared review and approval summaries to ensure audit quality and adherence to firm standards.
• Examined board minutes and significant contracts to identify material commitments and obligations.
• Conducted subsequent event reviews to assess post-balance sheet events impacting financial statements.
• Summarized audit differences and communicated adjustments to management and financial report.
• Performed final analytical procedures to validate financial statement consistency and reasonableness.

Audit reporting

• Prepared and compiled annexes to support audit findings and provide detailed schedules for management and stakeholders.
• Drafted and issued Management Letters (ML) highlighting internal control weaknesses and providing actionable recommendations.
• Produced and finalized audited financial statements in compliance with international accounting and auditing standards.
• Ensured proper archiving of audit engagements, maintaining complete documentation for regulatory compliance and future reference.
• Facilitated workshops and training sessions to upskill team members and improve service delivery.
• Handled complex problems and issues by understanding root causes and implementing solutions.
• Interfaced with client leads and became trusted advisor or confidant to client.
• Carried out data analysis and assessment and presented results to management.
• Compiled information about current workflows, job descriptions and structures to inform decision-making about potential improvements.
• Helped clients enhance internal structures and improve handling of current and potential problems.
• Established strong client rapport, understanding unique needs and delivering customised solutions.
• Implemented innovative methodologies for process improvement, resulting in increased efficiency and productivity.

Audit work-Key responsibilities

• Assisted in preparing proposals and participated in meetings with prospective clients to establish audit scope and expectations.
• Conducted audit planning interviews with clients to identify risks, determine resource needs, allocate work, set deadlines, and document plans in client-specific planning forms.
• Contributed to the preparation of Engagement Letters (EL) to formalise audit terms and responsibilities.
• Led entrance conferences to introduce the audit team, outline the scope of work, and establish effective communication channels with clients.
• Requested and coordinated Client Assistance Schedules (CAS) in advance to ensure readiness for audit fieldwork.
• Directed audit fieldwork at client offices, guiding the team through process owner interactions, SCOT preparation, and substantive procedures tailored to account nature and risk.
• Monitored team progress during fieldwork to ensure the timely completion of assigned tasks.
• Coached team members on professional communication and conduct to maintain high standards of client service.
• Summarized audit findings and communicated results clearly to client management.
• Drafted audit reports in collaboration with partners, ensuring accuracy and compliance with standards.
• Prepared and shared draft Management Letters with clients for confirmation of recommendations.
• Finalized audit opinions and reports, delivering comprehensive conclusions to stakeholders.
• Conducted monthly training sessions on International Standards of Auditing (ISA) to strengthen team knowledge and capacity.
• Reviewed audit working papers and monitored archiving procedures to ensure proper documentation and compliance.

Tax work-Key responsibilities

• Prepared proposals and contracts for tax services, ensuring clarity of scope, deliverables, and compliance requirements.
• Reviewed working papers and provided guidance on monthly tax return compliance, supporting the team in accurate and timely filings.
• Reviewed working papers and advised on annual tax return compliance, ensuring adherence to national tax regulations and international best practices.
• Supervised the team in maintaining proper documentation and references for tax services, strengthening audit trails, and regulatory compliance.
• Calculated annual income tax liabilities in accordance with applicable laws and regulations, ensuring accuracy and compliance.
• Prepared and submitted electronic tax filings (e-filing) on time, maintaining full adherence to statutory deadlines and requirements.

Accounting work-Key responsibilities

• Prepared proposals and contracts for accounting services, clearly defining scope, deliverables, and compliance requirements.
• Set up and customised accounting software solutions for clients to streamline financial reporting, and improve efficiency.
• Designed and implemented finance forms tailored to client needs, enhancing accuracy and consistency in documentation. Developed comprehensive finance policies and procedures to strengthen internal controls, ensure regulatory compliance, and enhance operational efficiency.
• Conducted training sessions for client staff, and provided ongoing advisory support on accounting standards and practices.
• Prepared financial statements for non-audit entities, ensuring accuracy and compliance with applicable accounting standards (CIFRS for SME, and CFRS for NFPEs).
• Submitted financial reports to the Accounting and Auditing Regulator (ACAR) in line with statutory requirements and deadlines.
• Communicated with ACAR officials to register companies in the ACAR system, facilitating compliance and smooth regulatory processes.

Key responsibilities:

• Assisted in liaising with General Department of Taxation (GDT) officers to ensure full compliance with tax regulations.
• Coordinated with Accounting and Auditing Regulator (ACAR) officers to maintain compliance with Cambodian accounting standards.
• Prepared and submitted financial reports to ACAR in accordance with statutory requirements.
• Compiled and finalized annual financial statements, ensuring accuracy and compliance with applicable standards.
• Produced monthly management accounting reports to support decision-making by senior management.
• Prepared additional financial reports requested by owners and the Chief Finance Officer (CFO).
• Assisted in verifying supplier payments against agreements to ensure contractual compliance.
• Approved posting entries in accounting software, maintaining accuracy and integrity of financial records.
• Authorized petty cash expenses and mission advances for provincial operations.
• Prepared monthly and annual tax returns for submission to tax consultants.
• Conducted monthly cash counts and surprise cash counts to strengthen internal controls.
• Supervised monthly inventory counts performed by subordinates to ensure accuracy of stock records.
• Oversaw annual fixed asset counts to verify existence and proper valuation.
• Provided input on contract terms with overseas and local suppliers, ensuring financial compliance and risk management.
• Coached subordinates on Standard Operating Procedures (SOPs), accounting standards, and tax laws to build capacity.
• Supervised subordinates on their daily tasks and conducted annual performance evaluations.
• Input and set up costing structures and listings in accounting software to improve reporting efficiency.

Key Responsibilities:

• Gained a thorough understanding of clients’ processes, finance policies, and related procedures to assess compliance and risks.
• Confirmed process understanding by interviewing clients' process owners and documenting workflows.
• Performed tests of controls on material processes to evaluate the reliability and effectiveness of internal controls.
• Conducted tests of details on accounts based on assertions, ensuring accuracy and compliance with auditing standards.
• Communicated audit findings to clients, providing clear explanations and recommendations for improvement.
• Prepared Points for Discussion (PFD) and facilitated meetings with clients to resolve outstanding issues.
• Assisted in preparing financial statements for clients, ensuring compliance with international accounting standards.
• Supervised, trained, and supported subordinates to ensure audit procedures were executed correctly and efficiently.
• Monitored the progress of subordinates’ work to keep engagements on schedule and within deadlines.
• Provided guidance to resolve team challenges, ensuring audit engagements were completed successfully without delays.
• Prepared detailed audit reports, summarising findings and suggesting actionable insights for financial performance enhancement.

Key Responsibilities:

• Assisted the Under Secretary of State in reviewing expense requests from ministries and authorized entities to ensure compliance with financial regulations.
• Verified expense requests and procurement transactions against the National State Budget Law, ensuring transparency and accountability.
• Acted as a proxy representative for the Under Secretary of State in meetings related to financial transactions when he was unavailable.
• Prepared supporting documents and briefing materials for the Under Secretary of State’s participation in official meetings.
• Conducted fieldwork with the Under Secretary of State to ministries and entities, verifying financial transactions on-site.
• Participated in meetings with the Under Secretary of State to address unusual or irregular financial transactions requiring clarification.
• Contributed to the preparation of proposed budgets for national events, ensuring alignment with budgetary regulations and financial oversight

• Trained clients’ accountants on the Law on Taxation of Cambodia, including Tax on Salary, Withholding Tax, Value Added Tax, Tax on Profit, and other applicable taxes.
• Delivered training on the calculation and compilation of monthly tax declarations (Tax on Salary, Withholding Tax, VAT, and Prepayment Tax) for submission to the Tax Department.
• Advised clients on tax-saving strategies across different scenarios, ensuring compliance while optimising financial outcomes.
• Provided guidance on clients' tax positions based on supporting documentation and regulatory requirements.
• Responded to clients’ tax-related inquiries via email and phone, offering timely and practical solutions.
• Prepared and submitted monthly tax declarations on behalf of clients.
• Compiled and filed annual tax declarations to ensure compliance with Cambodian tax laws.

Accounting work-Key responsibilities

• Trained clients’ accountants on finance policies, forms, and procedures, ensuring consistency and compliance in financial operations.
• Set up and customized QuickBooks accounting software for clients, including roles, functions, chart of accounts, invoicing, inventory items, and reporting formats.
• Compiled and standardized finance forms and procedures to strengthen internal controls and streamline workflows.
• Conducted review and bookkeeping services, ensuring accuracy and completeness of financial records.
• Produced, analysed, and interpreted financial and management reports to support client decision-making and strategic planning.
• Advised clients on International Financial Reporting Standards (IFRS) and shared insights on real-world practices adopted by other companies.

Other works

• Contributed to the compilation of administration and audit policies for clients, ensuring alignment with governance and compliance standards.
• Assisted in compiling business plans for clients, supporting strategic planning and organizational growth.
• Met with clients to finalize contracts and build long-term relationships, fostering trust and collaboration.
• Collaborated with the CEO to compile and submit proposals, providing advisory input to strengthen client offerings.
• Collaborated with team members to achieve target results.
• Managed complaints with calm, clear communication and problem-solving.
• Maintained clean, safe working environments to eliminate accident risks.
• Achieved service time and quality targets.
• Engaged with customers to better understand needs and deliver excellent service.
• Identified issues, analysed information and provided solutions to problems.
• Built and maintained courteous and effective working relationships.
• Handled customer concerns and escalated major issues to supervisor.
• Resolved customer queries and problems using effective communication and providing step-by-step solutions.
• Picked up additional tasks to aid team success.
• Enhanced working relationships by participating in team-building activities.
• Actively listened to customers to fully understand requests and address concerns.
• Demonstrated consistent hard work and dedication to achieve results and improve operations.
• Trained and mentored employees to maximise team performance.
• Met schedule using excellent planning and coordination skills.
• Maximised customer engagement and satisfaction by delivering excellent customer service.
• Prepared range of written communications, documents and reports.
• Developed team communications and information for meetings.
• Promoted safe working environment by implementing regulatory standards, policies and guidelines.
• Developed excellent working knowledge of industry trends and improvements in processes.
• Delivered training sessions for Boards of Directors and staff of agricultural cooperatives, enhancing financial and operational capacity.
• Conducted interviews with candidates ranging from managerial to junior levels, supporting clients in recruitment decisions.
• Compiled and administered written tests for potential candidates, ensuring an objective evaluation of skills and suitability.