Accountants are the key Dear Editor, After its formation, Hun Sen's government solemnly promised to tackle the absolute poverty of the people. Moreover, the government has to review from the top to the bottom, its economic, social and judicial organization which are from the stone age. Cambodia has adopted a market economy and has to follow its rules and constraints. Thus, it is mandatory to show the willingness of the Cambodian government to give protection to businessmen and to secure their investments.
Taxes are the main sources of the state's funds.
And when it comes to paying taxes, it is the basic reflex of all human beings to sneak off. Nevertheless, when these taxes must be paid on a just and clear basis in accordance with government policy and with the fiscal laws, the honest citizen and the corporate manager alike will contribute as a duty. For businesses, it is strongly reccommended to establish the financial statement in accordance with the 'true and fair view' principles. The income statement and balance sheet of the director's report are not only the documents ensuring the confidence of shareholders, but also the manager's management control data to measure his business performance. And only through true and fair accountancy will a corporation, as taxpayer, consent to contribute.