In recent years, inertial measurement units (IMUs) have been proposed as an alternative to force platforms and pressure sensors for gait events (i.e., initial and final contacts) detection. While multiple algorithms have been developed, the impact of gait event timing errors on temporal parameters and asymmetry has never been investigated in people with transfemoral amputation walking freely on level ground. In this study, five algorithms were comparatively assessed on gait data of seven people with transfemoral amputation, equipped with three IMUs mounted at the pelvis and both shanks, using pressure insoles for reference. Algorithms' performance was first quantified in terms of gait event detection rate (sensitivity, positive predictive value). Only two algorithms, based on shank mounted IMUs, achieved an acceptable detection rate (positive predictive value > 99%). For these two, accuracy of gait events timings, temporal parameters, and absolute symmetry index of stance-phase duration (SPD-ASI) were assessed. Whereas both algorithms achieved high accuracy for stride duration estimates (median errors: 0%, interquartile ranges < 1.75%), lower accuracy was found for other temporal parameters due to relatively high errors in the detection of final contact events. Furthermore, SPD-ASI derived from IMU-based algorithms proved to be significantly different to that obtained from insoles data.