Analysis of Explanatory Factors for Filing Financial Statements at the General Tax Directorate by the Companies in Benin

Abstract

Purpose: This study aims to analyse the factors that explain why Beninese companies exceed the deadline for filing financial statements with the General Tax Directorate (DGI).
 Design/Methodology: The data has been collected using a questionnaire with sample of 105 companies, target population was accountants of various companies. Two methods of analysis have been adopted in this paper, descriptive and econometric analysis.
 Findings: From the descriptive analysis, the majority (65%) of the companies surveyed often exceed the deadline for filing financial statements. The results obtained from the descriptive analysis show that all the explanatory variables are considered except (the deadline for filing accounting documents in accounting firms is respected and the payment of declarations of various taxes is respected by accounting firms in assisting companies).
 Implications/Originality/Value: Given these results, companies should work towards a good accounting organisation and collaborate with accounting firms.