Transition to the Revised OHADA Law on Accounting and Financial Reporting: Corporate Perceptions of Costs and Benefits
| Autor: | Susana Adelina Moreira Carvalho Bastos, Lious Agbor Tabot Ntoung, Claudia Pereira, Micheal Forzeh Fossung, Helena Maria Santos de Oliveira, Liliana Marques Pimentel |
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| Přispěvatelé: | Repositório Científico do Instituto Politécnico do Porto |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Transparency (market)
media_common.quotation_subject lcsh:Risk in industry. Risk management Commercial law Accounting perception International Financial Reporting Standards IFRS Perception 0502 economics and business lcsh:Finance lcsh:HG1-9999 ddc:330 comparability media_common Finance 050208 finance Cost–benefit analysis Descriptive statistics business.industry OHADA accounting 05 social sciences Comparability transition 050201 accounting lcsh:HD61 Business |
| Zdroj: | Journal of Risk and Financial Management, Vol 13, Iss 172, p 172 (2020) Journal of Risk and Financial Management Volume 13 Issue 8 |
| ISSN: | 1911-8066 1911-8074 |
| Popis: | This paper examines the ongoing transition to the revised Organisation for the Harmonisation of Business Law in Africa Act on Accounting and Financial Reporting for companies in general and to the International Financial Reporting Standards for listed and group companies with a particular focus on recent institutional developments and corporate concerns. The study used 80 professional accountants, most of whom were members of the Institute of Chartered Accountants of Cameroon and academics. Using the descriptive statistics, the study shows that the transition to the revised OHADA brings about a high level of comparability and transparency of the financial statements, that the International Financial Reporting Standards can be implemented in Cameroon (but not fully), and that the benefit of the transition exceeds the cost. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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