OHADA accounting system and Harmonization of Accounting Practice in Francophone Sub-Saharan Africa
François-Xavier Mayegle

Abstract
Since the end of the 20th Century, a new accounting system created by the Treaty of Port- Louis on October 13, 1993 had been established in Africa. It is functional in 16 states of the UEMOAii and CEMACⁱⁱⁱ – the OHADA system. Replacing OCAM^iv accounting plan that has prevailed in these two economic zones during three decades, it has been established in order to build a single accounting language embodied by new initiatives in order to harmonize African’s accounting practices with international standards. What are the innovations that OHADA sets up? What are its limits? What problems does it face regarding to local tax laws? What improvements should we make after more than a decade of its development work? These are the issues encountered by sub-Saharan Africa Francophone countries and to which this research provides solutions.

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