MFCA & Associates based in Cameroon joins the Africa region
MGI Worldwide and the Africa Region extend a warm welcome to new member firm MFCA & Associates Ltd of Douala, Cameroon.
About MFCA
MFCA & Associates Ltd is an Accounting and Audit Firm licensed by the CEMAC Commission (EC 106) and the Institute of Chartered Accountants of Cameroon (SEC 057), and one of the leaders in Audit & Assurance, Accounting, Taxation and Consulting Services in Cameroon.
Operating since 2016, and incorporated as a Chartered Accounting Firm (Société des expertise comptable) in 2020, the Firm has grown in size and reputation over the years, expanding its services to include Risk Management, Business Valuation and Due Diligence. As a result, the firm has gained a diverse clientele, ranging from small start-ups to large corporations.
MFCA & Associates Ltd has always been committed to delivering high-quality services, guided by its core values of integrity, professionalism, and excellence.
Why join the network?
Managing Partner and Key Contact for MGI Worldwide, Michael Forzeh Fossung explains:
“In today’s rapidly growing and evolving Consulting Industry, being affiliated to a top network of firms is essential for our Firm’s evolvement. MGI Worldwide, being a top 20 network of consulting firms and a member of the forum of firms, with a long-standing history and almost 9000 professionals in its network, in more than 100 countries around the world, provides us with that platform where we understand there is a Quality that is expected of us and which we must adhere to satisfy our esteemed clients and ensure their business growth.
“Joining this rich network will widen our market reach, propelling us into the international market. With this comes a wide network of Firms and professionals for collaboration, sharing in our knowledge and expertise to ensure our individual growth as well as that of the Network – We have a global competency!”
Specialised services
In addition to standard Accounting, Audit & Assurance and Tax services, the firm has expertise in specific requirements of OHADA (Organization for the Harmonization of Business Law in Africa), as implemented across 17 African Member States including CEMAC (Central African Economic and Monetary Community) countries. The purpose of OHADA is to harmonise business law and promote legal certainty in commercial transactions, facilitating cross-border trade and investment. This is a valuable resource for anyone wanting to do business in Central Africa.
Meet the team
Click on images to read full profiles.
Michael Fossung
Michael is a Certified Public Accountant and Registered Auditor with over 20 years of industry experience. He has significant Audit experience in a multitude of sectors such as the Energy Industry, Transport and Logistics, the Engineering, Banking and Construction industry. Michael has served in top Management in a multinational company in the Energy Sector, and as Chief Audit Executive of a Class A Bank.
In addition, Michael is a member of the Accounting, Learning and Development Advisory Committee for the Pan African Federation of Accountants (PAFA), Member of the Finance, Risk, Audit and Compliance Committee (FRACC) of the African Academy of Sciences (AAS), and Council Member and Secretary General of the Institute of Chartered Accountants of Cameroon, amongst others.
Specialisations:
- Audit and Assurance
- Forensics
- Advisory/ Consulting
- Tax: Commercial
- State Group Reporting
- Financial Controlling
- Email:
- [email protected]
Ayuk Ayuknsock
Ayuk has over 18 years of experience in the Accounting and Audit profession. He is an FCCA and a member of the Institute of Chartered Accountants in Cameroon (ONECCA). He has served extensively in strategic positions in highly ranked Companies and Audit Firms both in Cameroon and the United Kingdom.
Key to his success in the profession is his commitment to upholding quality and ethical standards and effectively leading accounting and audit teams in the most proficient manner, skills which he diligently applies in his capacity as Quality Control Partner at MFCA & Associates.
Technical Specialisations:
- Audit and Assurance
- Advisory
- Group reporting
- Quality Control Compliance,
- OHADA/IFRS,
- Corporate Finance
- Email:
- [email protected]
Rodrid Eyambe
With over seven years of experience in the Accounting and Audit profession, Rodrid has an extensive background in Auditing, Financial reporting, Quality Control, and risk management. He has a knack for ensuring financial accuracy and compliance and is committed to ensuring the delivery of high-quality services that meets the needs of clients.
Specialisations:
- Audit and Assurance,
- Advisory,
- Group reporting,
- Quality Control Compliance,
- Accounting,
- Corporate Finance
- Email:
- [email protected]
Emmanuel Enow-Atta
Emmanuel is a Certified Public Accounting (CPA) Finalist with deep understanding of accounting principles and regulations. His mastery and understanding of the International Standards on Auditing gained during various audit engagements and continuous professional development provides the team with that utmost quality assurance in making sure no procedures are neglected and our commitment in helping clients achieve financial success and stability through thorough and accurate audit practices is ensured.
Specialisations:
- Audit and Assurance
- Computerised Accounting
- OHADA/IFRS
- Internal Control
- Risk Management
- Business Valuation
- Email:
- [email protected]
Lionel Eladson Esua
Lionel is a seasoned Tax Accounting and Finance professional with over five years of experience in both Accounting and Audit services. He has extensive experience in tax planning, compliance, and consulting, working with clients in an array of industries and helping them minimize their tax liability while ensuring compliance with tax laws and regulations. His adherence to the ethical standards for Accountants is key in accomplishing engagements while ensuring compliance with relevant standards.
Specialisations:
- Tax : Commercial,
- VAT/Sales
- Audit and Assurance
- Computerised Accounting
- OHADA/IFRS
- Human Resource/Payroll
- Company Formation
- Email:
- [email protected]
Yolande Kima Ndi
Yolande is a seasoned administrator with over 10 years of experience in the administrative department. She ensures the smooth flow of processes in the firm, proper accountability to relevant ethical and professional standards and ensuring compliance of team members while providing in the most efficient manner, all needed support to team members in the discharge of their professional duties. Her exceptional organizational skills, attention to detail, and friendly demeanour makes her an invaluable member of the team.
Technical Specialisations:
- Office Administration
- Human resource
- Business Plan
- Budget Plan and Analysis
- Compliance and advisory
- Quality Control
- Email:
- [email protected]
Why do business in Cameroon?
There are several positive aspects of doing business in Cameroon:
- Strategic Location: Cameroon serves as a gateway to the Central African region, with access to neighbouring countries.
- Natural Resources: Cameroon is rich in natural resources, including oil, gas, minerals, and agricultural products. This abundance presents opportunities for industries such as mining, agriculture, energy, and manufacturing.
- Political Stability: Cameroon has maintained political stability compared to some other countries in the region.
- Young and Dynamic Workforce: Cameroon has a growing and youthful population, providing a large pool of talent and potential workers.
- Investment Incentives: The Cameroonian government has implemented various investment incentives and reforms to attract foreign direct investment. These include tax incentives, special economic zones, and simplified procedures for business registration and licensing.
If you have clients interested in investing or doing business in the Central Africa region, be sure to reach out to Michael ([email protected]) who will be happy to assist.
To find out more about MFCA visit the firm profile page or the firm website.
MGI Worldwide, is a top 20 ranked global accounting network and association with almost 9,000 professionals, accountants and tax experts in some 400 locations in over 100 countries around the world.