Accounting and accounting rules in Mauritania

Accounting Rules

Tax Year

The fiscal year is the calendar year.

Accounting Standards

Mauritania has a Chart of Accounts but the requirements concerning presentation of accounts are not yet very well developed. Mauritanian GAAP are applied.

Accounting Regulation Bodies

Central Mauritanian Bank
Mauritanian Court of Accounts

Accounting Reports

Companies must establish a balance sheet, operating account and profit and loss account. Every year an inventory indicating the expenses and liabilities is established, as well as a profit and loss account.

Publication Requirements

No obligation of publication.

Professional Accountancy Bodies

Mauritanian National Order of Chartered Accountants

Certification and Auditing

Financial statements of all companies must be audited annually by a qualified auditor applying ONECRIM's standards. You can contact an external auditor: BSD & Associés.

Accounting News