Accounting and accounting rules in Cameroon

Accounting Rules

Tax Year

The fiscal year extends from 1st January to 31st December. 

Accounting Standards

The accounting standards are based on the Organization for the Harmonization of Business Law in Africa (OHADA).

Accounting Regulation Bodies

Ministry of Commerce

Accounting Reports

- At the end of each accounting year, the manager discloses the financial statements synthesis, in compliance with the Uniform Act regulations concerning the organization and harmonization of accounts.
-The Manager must prepare an annual report.

Publication Requirements

- An annual report must be published.
- Any modification in the presentation of the financial statements synthesis must be indicated in the annual report and, if possible, in the report of the auditor.
- The accounting documents.

Professional Accountancy Bodies

National Order of Certified Public Accountants of Cameroon

Certification and Auditing

The verification of accounts is undertaken by auditors. They are engaged in certifying the regularity and the true nature of the financial statements and to give their certification with certain reservations or to refuse it, precising the reasons. You can contact external auditors: Deloitte, PricewaterhouseCoopers.

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