Financial Accounting For OHADA Member States Volume 1

The writing of this book was motivated by my desire to contribute to the existing OHADA Accounting Literature. Specifically, to close the gap that exists between OHADA Accounting and International Accounting. As a Senior Lecturer of Accounting and with my experience as a Chartered Accountant, I have hardly seen a fundamental difference between the OHADA Accounting System and the International Financial Reporting Standards. The convergence of the OHADA Uniform Accounting Act with the International Financial Reporting Standards (in the Revised Uniform Act effective 1st January 2018) makes room for us to look at things differently. This textbook is intended to equip users with knowledge and skills that will enable them to prepare financial statements for various entities within the OHADA Member States and beyond without noticing any difference between the Traditional Accounting System and the OHADA Accounting and Financial Reporting System ("SYSCOHADA").