Journal of Accounting, Finance & Management Strategy





Volume 15, Number 2, December 2020

Explanatory Factors for the Manipulation of Accounting Records in Cameroon: The Role of the Financial Situation and the Characteristics of the Enterprise


The objective of this paper is to study the impact of the financial situation and characteristics of the company on the manipulation of accounting records. A logistic regression was performed out on data collected from 90 preparers of financial records. The results show that accounting manipulation is positively correlated with net income when it increases, with the firm's level of liquidity when it decreases, and with the firm's size and sector of activity. However, accounting manipulation is negatively correlated with the firm's volume of debt. This could be explained by the phenomenon of the "centralization of risk" set up by commercial banks and the central bank in order to circumvent account manipulation by managers. In such a context, the manipulation of accounts is of no use to the manager vis-à-vis the financial institutions.

Keywords: Manipulation of Accounting Records, Financial Situation, Characteristics of the Company

JEL Classification: M41, N27, Z23