Three banking frameworks, one production chain
OHADA banking does not fall under a single framework but three, depending on the zone and the nature of the institution: PCEC for banks in the CEMAC zone supervised by COBAC, PCB for those in the UEMOA zone under BCEAO supervision, and PCMF for microfinance institutions, cooperatives and non-bank credit institutions. Each imposes its own statement structures, mandatory prudential ratios and reporting formats.
No general-purpose accounting tool covers that scope. Finance departments in banks and MFIs end up copying trial balances into Excel, recomputing ratios by hand and reformatting statements for every supervisory filing - work that is both time-consuming and risky, since errors surface on the regulator’s side.
MAAS BANK closes that chain. The software installs on the workstation of the banking controller or the specialised statutory auditor; an imported trial balance produces the chosen framework’s statements, the prudential ratios and the regulatory reporting within seconds, with every amount still tied to the accounts behind it. It is the audit-trail requirement we also carry into our IT audit engagements with financial institutions.