Cambodia Investment Review
In a recent award ceremony that celebrated excellence in accounting, two standout students from CamEd Business School, Ms. Liv Sin and Mr. Suon Sovann Vichea, achieved the worldwide top scores in examinations conducted by the Association of Chartered Certified Accountants. This remarkable accomplishment highlights the maturing accounting industry in Cambodia, and symbolizing the development and potential within the local sector.
The ceremony was graced by His Excellency Bou Tharin, the General Director of Accounting and Auditing Regulator, who congratulated the top scorers. The students’ achievements were in the subjects of Foundations in Audit-FAU and Foundations in Financial Management – FFM during the June 2023 exam session.
Growing Stature of Professional Education in Cambodia
Ms. Liv Sin’s accomplishment in FAU, which covers aspects such as audit purpose, auditor’s role, audit process, audit planning, and internal control evaluation, made her the No. 1 worldwide top scorer. Speaking with Cambodia Investment Review, she expressed gratitude for the support system at CamEd, including her family, professors, tutors, staff, and friends.
Read more: CamEd exports its business and accounting education
Ms. Sin elaborated on the quality education at CamEd, emphasizing well-structured courses, curricula designed for exam preparation, and expert instructors. She mentioned, “Personally, I always aim high in my academics, which motivates me to achieve this award.”
When asked about the broader implications of the award, Ms. Sin articulated, “This award holds great importance to me as it reflects the dedication and effort I have invested in this subject. It showcases the growth and potential of the accounting field in Cambodia and demonstrates that Cambodia is producing skilled professionals who can contribute to the industry’s progress both locally and globally.” Her future career aspirations include accounting and audit roles in a reputable organization.
Mr. Suon Sovann Vichea, another top scorer, attained the No. 1 position in FFM, a subject introducing cash management, investment decisions, and trade credit management. He also spoke with Cambodia Investment Review about the value of hard work and community, appreciating the school’s environment and his classmates’ motivation.
“I spent a lot of time at school. The extended opening hours during exam season gave me a lot of time to catch up on lessons,” he recounted. Mr. Vichea also expressed pride in his classmates’ achievements and the significance of accounting as an industry where Cambodia is making strides. His future interests lie in auditing, taxation, and financial management.
Both Ms. Sin and Mr. Vichea’s achievements serve as a testament to the growing stature of professional education in Cambodia, with accounting being a prime example.
Insights Into the School’s Unique Approach
President of CamEd Business School, Casey Barnett, offered insights into the school’s unique approach, stating, “At CamEd, our singular focus on offering one specialized bachelor’s course in accounting allows us to channel all our resources into being the best in the Kingdom. Our students achieve remarkable results because of this unique approach.”
He further explained the school’s emphasis on both technical training and nurturing communication and soft skills. “We recognize that today’s business environment requires well-rounded professionals who are not only technically proficient but also able to communicate effectively and adapt to various situations,” Barnett said.
Based in Phnom Penh, CamEd is Cambodia’s leading institute of higher education in accounting and finance. It is responsible for over 50% of the annual recruits of the big four audit firms in Cambodia (PwC, Deloitte, KPMG, and EY) and holds platinum quality recognition from the ACCA.
CamEd’s vision is “To develop a community of business professionals performing on par with those in international business centers, taking initiatives as leaders, and upholding ethical standards.” Its mission is To provide higher education with a focus on business, leading to qualifications of international quality and recognition.”
These awards and the subsequent reflections from students, faculty, and industry leaders encapsulate not only personal dedication but the progressive growth of Cambodia’s accounting industry. It positions Cambodia as an emerging hub for skilled professionals, with CamEd leading the way in quality education, and illustrates the vibrant future potential of the nation’s business sector.
