{"id":7531,"date":"2025-08-07T08:38:21","date_gmt":"2025-08-07T08:38:21","guid":{"rendered":"https:\/\/dgtcfm.cm\/the-accounting-reform-in-cameroon\/"},"modified":"2025-08-12T18:31:05","modified_gmt":"2025-08-12T18:31:05","slug":"the-accounting-reform-in-cameroon","status":"publish","type":"page","link":"https:\/\/dgtcfm.cm\/en\/the-accounting-reform-in-cameroon\/","title":{"rendered":"The Accounting Reform in CAMEROON"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7531\" class=\"elementor elementor-7531 elementor-5538\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a5c08e e-flex e-con-boxed e-con e-parent\" data-id=\"9a5c08e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9599b65 e-con-full e-flex e-con e-child\" data-id=\"9599b65\" data-element_type=\"container\" 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192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-underline e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-5e67ec0\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7813\"><a href=\"https:\/\/dgtcfm.cm\/en\" class=\"elementor-item\">\ud83c\udfe0HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5675\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\">New reforms<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7814\"><a href=\"https:\/\/dgtcfm.cm\/en\/the-accounting-reform-in-cameroon\/\" class=\"elementor-item\">The Accounting Reform in CAMEROON<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7815\"><a href=\"https:\/\/dgtcfm.cm\/en\/local-finance-reform\/\" class=\"elementor-item\">Local Finance Reform<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7816\"><a href=\"https:\/\/dgtcfm.cm\/en\/public-finance-reform-in-public-establishments-pes\/\" class=\"elementor-item\">Public Finance Reform in Public Establishments (PEs)<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open e-font-icon-svg e-eicon-menu-bar\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M104 333H896C929 333 958 304 958 271S929 208 896 208H104C71 208 42 237 42 271S71 333 104 333ZM104 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tabindex=\"-1\">\ud83c\udfe0HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5675\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">New reforms<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7814\"><a href=\"https:\/\/dgtcfm.cm\/en\/the-accounting-reform-in-cameroon\/\" class=\"elementor-item\" tabindex=\"-1\">The Accounting Reform in CAMEROON<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7815\"><a href=\"https:\/\/dgtcfm.cm\/en\/local-finance-reform\/\" class=\"elementor-item\" tabindex=\"-1\">Local Finance Reform<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7816\"><a href=\"https:\/\/dgtcfm.cm\/en\/public-finance-reform-in-public-establishments-pes\/\" class=\"elementor-item\" tabindex=\"-1\">Public Finance Reform in Public Establishments (PEs)<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c3897ca e-con-full e-flex e-con e-child\" data-id=\"c3897ca\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-820b843 e-con-full e-flex e-con e-child\" data-id=\"820b843\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae7a7bd elementor-widget elementor-widget-text-editor\" data-id=\"ae7a7bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"max-width: 900px; margin: 0 auto; line-height: 1.6;\">\n    \n    <p>In the <strong style=\"color: #1A2C3D;\">2000s<\/strong>, several states launched ambitious programs to reform their budgetary procedures. They implemented a <strong style=\"color: #1A2C3D;\">full accrual budgeting<\/strong> procedure, stipulating that the central government budget be established in a form inspired by companies&#8217; annual accounts. The introduction of accounting standards that governed the practices of private companies at the level of public entities therefore led to the emergence of new management methods. In Cameroon, the reform began in <span style=\"color: #1A2C3D; font-weight: bold;\">2007<\/span> with the adoption of <strong style=\"color: #1A2C3D;\">Law No. 2007\/006 of December 26, 2007, on the State&#8217;s Financial Regime<\/strong>.   <\/p>\n\n    <p>These examples strongly influenced African states and the <strong style=\"color: #1A2C3D;\">CEMAC<\/strong> countries in particular, which adopted on <span style=\"color: #1A2C3D; font-weight: bold;\">December 19, 20211<\/span> six new <strong style=\"color: #1A2C3D;\">Directives of the Harmonized Public Finance Management Framework<\/strong>. These directives relate to <strong style=\"color: #1A2C3D;\">finance laws<\/strong>, the <strong style=\"color: #1A2C3D;\">general public accounting regulation<\/strong>, the <strong style=\"color: #1A2C3D;\">chart of accounts<\/strong>, the <strong style=\"color: #1A2C3D;\">budgetary nomenclature<\/strong>, the <strong style=\"color: #1A2C3D;\">State Financial Operations Table (TOFE)<\/strong>, and the directive on the <strong style=\"color: #1A2C3D;\">code of transparency and good governance<\/strong> in public finance management. <\/p>\n\n    <p>The philosophical foundations of this reform at the CEMAC level include, among others, the existence of disparities between the financial legislations of member states, which hinder sub-regional integration, and the community&#8217;s willingness to reform through unanimous acceptance of the measures proposed within the framework of <strong style=\"color: #1A2C3D;\">multilateral convergence<\/strong>.<\/p>\n\n    <p>For the adaptation and monitoring of these directives within Cameroon&#8217;s domestic legal framework, a <strong style=\"color: #1A2C3D;\">sectoral action plan<\/strong> for the implementation of the reform was developed by the <strong style=\"color: #1A2C3D;\">Interministerial Technical Committee<\/strong> for the Implementation and Monitoring of the Reform. This plan was broken down into strategic axes as follows: <strong style=\"color: #1A2C3D;\">Strategic Axis No. 1<\/strong> dedicated to improving the legal framework, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 2<\/strong> focusing on the reliability and cleanup of public accounts, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 3<\/strong> on preparing for the transition to patrimonial accounting, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 4<\/strong> on modernizing state treasury management, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 5<\/strong> concerning the modernization of internal control, audit, and improvement of accounting quality, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 6<\/strong> on adapting the information system, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 7<\/strong> on modernizing the accounting of materials and assets, <strong style=\"color: #1A2C3D;\">Strategic Axis No. 8<\/strong> which concerns the reliability and cleanup of accounts of other public entities, and <strong style=\"color: #1A2C3D;\">Strategic Axis No. 9<\/strong> on the steering and governance of the reform. <\/p>\n\n    <p>As part of the implementation of the aforementioned strategic axes, the following developments have been recorded in each annex. For the first axis, all CEMAC directives have been transposed by laws and decrees. These include <strong style=\"color: #1A2C3D;\">Law No. 2018\/011 of July 11, 2018, on the Code of Transparency and Good Governance in Public Finance Management in Cameroon<\/strong>, which transposes Directive No. 6, <strong style=\"color: #1A2C3D;\">Law No. 2018\/012 of July 11, 2018, on the Financial Regime of the State and Other Public Entities<\/strong>, which transposes Directive No. 1, <strong style=\"color: #1A2C3D;\">Decree No. 2019\/3186 of September 9, 2019, establishing the general framework for the presentation of the TOFE<\/strong>, which transposes Directive No. 5, <strong style=\"color: #1A2C3D;\">Decree 2019\/3187 of September 11, 2019, on the general framework for the presentation of the NBE<\/strong>, which transposes Directive No. 4, <strong style=\"color: #1A2C3D;\">Decree 2019\/3199 of September 11, 2019, on the general framework for the presentation of the PCE<\/strong>, which transposes Directive No. 3, and <strong style=\"color: #1A2C3D;\">Decree No. 2020\/375 of July 7, 2020, on the General Public Accounting Regulation<\/strong>.    <\/p>\n\n    <p>For the others, several operational documents have been developed at the <strong style=\"color: #1A2C3D;\">DGTCFM<\/strong> level, including the <strong style=\"color: #1A2C3D;\">Collection of State Accounting Standards<\/strong>, the <strong style=\"color: #1A2C3D;\">Instruction on General Accounting<\/strong>, the <strong style=\"color: #1A2C3D;\">National Control Plan<\/strong>, the <strong style=\"color: #1A2C3D;\">procedure manuals<\/strong>, etc. The achievements of these activities allowed the switch to patrimonial accounting on <span style=\"color: #F2C230; background-color: #1A2C3D; padding: 2px 6px; border-radius: 3px; font-weight: bold;\">January 1, 2022<\/span>, in accordance with Article 92 (2) of the Law on the Financial Regime of the State and other Public Entities.<\/p>\n\n    <p style=\"font-weight: bold; margin-bottom: 15px;\">Regarding the other strategic axes, several developments have been recorded:<\/p>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p>The inventory of <strong style=\"color: #1A2C3D;\">State tangible fixed assets<\/strong> in certain regions and their integration into the opening balance sheet;<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p><strong style=\"color: #1A2C3D;\">The cleanup of State account balances<\/strong>;<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p>The optimization of State treasury management through the signing of two important texts, respectively on the <strong style=\"color: #1A2C3D;\">modalities for managing the treasury of the State and other public entities<\/strong> and the <strong style=\"color: #1A2C3D;\">decree establishing the treasury and budgetary regulation committee<\/strong>,<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p>The modernization of the internal control system in accounting departments through the drafting of an <strong style=\"color: #1A2C3D;\">accounting internal control framework<\/strong> which integrates the mapping of State accounting processes, the mapping of accounting risks by process, and the risk automation system;<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p> The optimization of the information system with the introduction of the <strong style=\"color: #1A2C3D;\">PATRIMONY Web<\/strong> application;<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p> Regarding the reform of the finances of other Public Entities, the legal framework at the <strong style=\"color: #1A2C3D;\">CTD<\/strong> level is almost complete with the signing of the eight implementing texts;<\/p>\n    <\/div>\n\n    <div style=\"background-color: #f8f9fa; padding: 15px; margin: 10px 0; border-left: 3px solid #1A2C3D;\">\n        <p>The drafting of the <strong style=\"color: #1A2C3D;\">Budgetary Nomenclature of PEs<\/strong> and the <strong style=\"color: #1A2C3D;\">Chart of Accounts for PEs<\/strong>, the finalization of the draft instruction related to the preparation, l \u201celaboration, execution and control of the PE Budget, l\u201d elaboration of the draft budgetary and accounting instruction.<\/p>\n    <\/div>\n\n    <div style=\"background-color: #F2C230; color: #1A2C3D; padding: 20px; border-radius: 8px; margin: 25px 0;\">\n        <p style=\"font-weight: bold; margin: 0;\">Among the difficulties encountered in implementing this reform, the main one is l \u201c<strong>insufficiency of financial resources<\/strong>, given that these activities require a lot of preliminary work for their implementation. The success of this large-scale project therefore requires the DGTCFM to mobilize\u201d enormous resources, both <strong>financial, human, and material<\/strong>. <\/p>\n    <\/div>\n\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In the 2000s, several states launched ambitious programs to reform their budgetary procedures. They implemented a full accrual budgeting procedure, stipulating that the central government budget be established in a form inspired by companies&#8217; annual accounts. The introduction of accounting standards that governed the practices of private companies at the level of public entities therefore [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mo_disable_npp":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-7531","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/comments?post=7531"}],"version-history":[{"count":1,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7531\/revisions"}],"predecessor-version":[{"id":7532,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7531\/revisions\/7532"}],"wp:attachment":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/media?parent=7531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}