Publication of the new OHADA Uniform Act on Accounting and Financial Reporting
Adopted by the Council of Ministers of OHADA on 26 January 2017 in Brazzaville (Congo), the Uniform Act on Accounting Law and Financial Information (AUDCIF) was published in the Official Gazette of the Organization on 15 February 2017.
With over 1,200 pages, the special edition devoted to the publication of this important text also contains the revised OHADA accounting system (SYSCOHADA), namely: the OHADA general accounting chart and the accounting system consolidated and combined, on the other. Finally, in the same issue,
Decision No. 05 of 26 January 2017 fixing the tariff of documents of the Registry of the Court of Justice and Arbitration (CCJA).
In accordance with the instructions of the Conference of Heads of State and Government, AUDCIF and SYSCOHADA will enter into force on 1 January 2018 for personal accounts to serve as a single accounting reference in all OHADA member states of the entities and January 1, 2019 for the consolidated financial statements, combined accounts and financial statements prepared in accordance with IFRS.
The special issue of the Official Journal bearing the publication of this important text is available for sale at the Permanent Secretariat of OHADA.
AUDCIF and its annex can also be downloaded here.
The Permanent Secretary,
Prof. Dorothé C. SOSSA.