The second objective of this study is to examine the main reasons why the OHADA
accounting system has, thus far, remained largely insulated from external pressures for
convergence with IFRS in the current era of globalization.
The final objective of this paper is to demonstrate that the recent OHADA accounting
reform in the franc zone is predicated upon the argument that the pure version of IFRS, as
published by the International Accounting Standards Board (IASB), and the new IFRS for