4.7.2. Discussion on the Findings of the Full Implementation of IFRS in Cameroon

The findings with respect to Cameroon's ability to implement the IFRS revealed that accounting practitioners are actually positive about the IFRS implementation irrespective of the limited time for the law to take effect. However, the results were insignificant, indicating that most of those interviewed believe that Cameroon does not have the necessary infrastructure as well as proper accounting knowledge of IFRS to implement IIFSR in the system fully. This is unlike Barth et al. (2008), who found that the application of International Accounting standards was associated with higher accounting quality in 21 countries that adopted IAS from 1994 to 2003. The author also compared the accounting quality for IAS firms before and after they adopted the IAS and concluded that accounting quality has improved between the pre- and post-adoption periods. The period before and after they adopted IAS showed that accounting quality was enhanced between the pre- and post-adoption periods.
