The initiative for transparency in the extractive industries aims to improve transparency in the manag ement of revenues from the extractive sector. It also aims at maximizing the positive effects on the growth of the public sector to raise the standard of living of the population. Cameroon has published its first EITI report in 2006. The latter focused on the reconciliation of figures and volumes of oil companies in the production phase. The companies concerned were Total E & P Cameroon, Cameroon Pecen, Perenco Cameroon, Cameroon Exxon Mobil, which should be added the SNH in its component operation. For his third report, Cemeroun wanted a significant change with the introduction of mining companies in the field of conciliation. 9 and 12 mining companies and oil companies have been included in the scope of conciliation. the terms of reference of the mission were expected to submit to the Consortium EITI Follow up Committee a report for public revolving around two main parts namely the one hand, some comparative data with statistical aggregate and other from a formal party, including analysis, commentary and recommendations on the statistics.
The Republic of Cameroon joined this initiative in March 2005 and has established a committee to monitor and implement the principle of the EITI is the decision making body and orientation of the EITI Secretariat and Technical Monitoring Committee and implementation of EITI principles created by Decision No. 002328/Minfi/CAB September 15, 2005, is the coordinating body of the monitoring committee. The consortium MAZARS CAMEROON / HART GROUP was recruited to develop the third reconciliation report numbers and volues for the years 2006, 2007, and 2008.
Execution of the mission of reconciliation of figures and volumes within the transparency initiative in the extractive industries in Cameroon for the years 2006,2007,2008, the Monitoring Committee and implementation of the initiative transparency in the extractive industries of Cameroon Contract No. / C / MINFI / C.EITI / ST and the service order No. 08/OS/MINFI/SG/C-EITI/ST of May 26, 2008, proceeded to launch of the EITI communication and presentation of the Report of Conciliation.
The credibility of the EITI process through the credibility of the data reported by oil companies and the state. According to the recommendations and principles of the EITI, the payments reported by the oil companies and the revenue collected by the State and its agencies should be audited. The data will be considered credible if they have been certified by an independent professional.
Reconciliation data for the years 2006, 2007, 2008 and involves 21 private mining companies including 9 and 12 oil companies. In the preliminary phase of the mission and throughout its implementation, one of the major difficulties has been the identification of focal points in the various companies and divisions of the State
The results of the work are presented in the report of the fact that whether or not an audit of a limited review performed in accordance with ISAs (interntional Standards on Auditing) or ISRE (International Standards on Review Engagements). There is no assurance expressed on transactions.
The report is intended solely for the information of the Monitoring Committee for the implementation of the Initiative for Industries Transparency Initiative (EITI) in Cameroon on the issues presented in the terms of reference. It is not addressed to any other party and is not intended for any other use. It presents only the specific information referred to therein and can not be extended to the financial statements of any entity in its decision ensemble.Cette mission was conducted in accordance with ICES (International Standard on Related Services) applicable to agreed-upon procedures engagements under the Transparency Initiative Extractive Industry in Cameroon with the audit under contract No. C / MINFI / C.EITI / ST dated 26 May 2008. This mission in accordance with the terms of reference of the methodology has been described in such terms annexed to the report unless otherwise specifically mentioned.

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By NCHEKOUA TCHOUMBA Jean Robert