Financial Statements Analysis and the Performance of MFIs in Cameroon

Over the years, many companies including MFIs have neglected the important role of financial analysis to their existence and survival, this account for the infant death of some of these companies since they are unable to make informed judgments based on the analysis of financial statements. Since CamCCUL is a network of credit unions, managers and accountants of various firms as a whole and the micro finance industry in particular will find this Book very important as it highlights the need of analyzing and reporting financial statements in order to permit stakeholders to know the state of the business at given intervals in terms of opportunities, advantages, strength and weaknesses to be corrected. Finally, the author believes that this book will provide solid recommendations for the optimization of financial performance in the banking industry as a whole and the micro finance sector in particular.

Autorentext

Kum is an Accounting Practitioner with over 14 years experience in the study, teaching and practice of Accounting. He holds a BSc and DIPET II in Accountancy from the University of Bamenda, North West Region of Cameroon. Due to his impeccable love for I.T, he is currently recognised as a Microsoft Office Specialist Expert in Excel 2016.