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It should be noted that Beac’s accounts must be approved by the board of directors, then ratified by the ministerial committee of the Central African Monetary Union (Umac).

"We certify that Beac’s accounts as of December 31, 2016, are consistent with the accounting principles and methods (...) and give a true and fair view of the assets and liabilities of the operations of the past financial year" the auditors conclude.

Source: adapted from the article “La BEAC engrange un résultat bénéficiaire”, Financial Afrik www.financialafrik.com