Accounting is the measurement, processing and communication of financial information about economic entities such as businesses and corporations. Accounting in Cameroon doesn’t differ much from International Accounting Standards.
Being a member of the CEMAC zone, Cameroon’s accounting system is governed by the Harmonize Business Law for Africa. Accounting firm services in Cameroon includes ; book keeping, Payroll services, tax compliance, auditing, preparation and filling of monthly / yearly corporate tax, preparation and filling of year end account and registered address services.
Accounting Firm Services in Cameroon
Bookkeeping services involves recording a company financial transactions on a daily basis. A proper bookkeeping service is aimed at record all of the company so as to make key operating, investing and financing decisions as defined by CFI.
Appropriate bookkeeping services give companies a reliable appraisal of their performance, general strategic decisions , benchmark for its revenue and income goals for both the company and economy (internal and external users such as customers, suppliers investors, financial institutions among others) who need accurate and reliable bookkeeping services so as to make relevant decisions.
Traditionally, bookkeeping involves ledgers, charts of accounts, and a tedious double-entry system. This is guided by the General Accepted Accounting Principles (GAAS), though it may be adjusted to suit the local laws of a country.
Business Accounting Firm
We provide accounting firm services to multinationals and play the role of a business accountant to wit:
- Financial data Management
- Analysis and Advice
- Financial report preparation
- Regulatory and reporting Compliance.
Financial statements are usually audited by accounting firms in accordance with general accepted accounting principles (GAAP). We pride ourselves as one of the best accounting firms manned with certified chartered accountants as we render accounting firm services in Cameroon like tax declaration, payroll services, audit services etcetera.
Charlie Munger once said; “Proper accounting is like engineering. You need a margin of safety. Thank God we don’t design bridges and airplanes the way we do accounting”.