1 Organisation Commune Africaine, Malagache et Mauricienne.
2 Organization for the Harmonization of Business Law in Africa best known by its French acronym OHADA.
3 Several other researchers (e.g., Cairns, 1997; d'Arcy, 2001) have also disputed Nobes' classification of
accounting systems into two groups, namely: the Anglo-Saxon (or Anglo-American) group and the Continental
European group. Nobes' response is presented in Section 7 of this paper.