2.3.1. Hypotheses

The hypotheses below would give various users of financial information insight into the costs involved in transitioning from the previous to the revised OHADA Accounting System (SYSCOHADA) and to IFRS by taking into consideration the views of fifty accountants in Cameroon. The findings are anticipated to provide useful and timely information to the Council of Ministers under the OHADA, to assist them in making decisions affecting accounting practices which, in turn, will support social and economic development in Cameroon and the other 16 African member countries. The evidence provided by this study is likely to be of interest to other countries or firms considering the adoption of the revised SYSCOHADA and the International Financial Reporting Standards.

**Hypothesis 1 (H1).** *Comparability and transparency of financial statements are enhanced under the revised SYSCOHADA.*

**Hypothesis 2 (H2).** *IFRS can be fully implemented in Cameroon, given the available resources and time and within the stated time.*

**Hypothesis 3 (H3).** *The cost involved in transitioning to International Financial Reporting Standards (IFRSs) does not supersede the benefits.*
