{"id":36501,"date":"2026-10-07T16:15:59","date_gmt":"2026-10-07T14:15:59","guid":{"rendered":"https:\/\/www.pkf-attest.es\/noticias\/financial-regulatory-audit-65-national-sports-federations\/"},"modified":"2026-10-07T16:15:59","modified_gmt":"2026-10-07T14:15:59","slug":"financial-regulatory-audit-65-national-sports-federations","status":"publish","type":"noticias","link":"https:\/\/www.pkf-attest.es\/en\/noticias\/financial-regulatory-audit-65-national-sports-federations\/","title":{"rendered":"Financial and Regulatory Audit of the 65 National Sports Federations"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To ensure that the financial statements provide a <strong>true and fair view of the federations\u2019 assets and financial position<\/strong>, the 65 National Sports Federations undergo an annual audit as required by law by <a href=\"https:\/\/www.csd.gob.es\/\" data-type=\"link\" data-id=\"https:\/\/www.csd.gob.es\/\">the Higher Sports Council (CSD)<\/a>. The audit also verifies compliance with the adaptation of the General Accounting Plan (PGC) to the sports federations and the budget settlement rules imposed by the CSD. <\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"h-auditores-de-las-65-federaciones-deportivas\" class=\"wp-block-heading has-text-color has-link-color wp-elements-1\" style=\"color:#0f3780;font-size:24px\"><strong>Auditors from the 65 Sports Federations<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2019, <strong>the CSD has appointed PKF Attest as auditor of these federations<\/strong>. The most recent award was made in December 2024 and covers the financial statements for 2024, 2025 and 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Given the operational and budgetary diversity of each federation, the CSD required:<\/p>\n\n\n\n<h3 id=\"h-1-realizar-auditorias-financieras-anuales-para-asegurar-el-patrimonio-y-situacion-financiera-de-las-65-federaciones-deportivas\" class=\"wp-block-heading has-text-color has-link-color wp-elements-2\" style=\"color:#000000;font-size:16px;line-height:1.4\">1. Conduct <strong>annual financial audits<\/strong> to verify the assets and financial status of the 65 sports federations. <\/h3>\n\n\n\n<h3 id=\"h-2-supervisar-el-cumplimiento-y-la-adaptacion-del-plan-general-de-contabilidad-pgc-a-las-federaciones-deportivas\" class=\"wp-block-heading has-text-color has-link-color wp-elements-3\" style=\"color:#000000;font-size:16px;line-height:1.4\">2. Oversee <strong>compliance with and adaptation of the General Accounting Plan (PGC)<\/strong> by the sports federations.<\/h3>\n\n\n\n<h3 id=\"h-3-verificar-el-cumplimiento-de-las-normas-impuestas-por-el-propio-csd-para-tener-un-control-riguroso-de-las-subvenciones-y-fondos-publicos-asignados\" class=\"wp-block-heading has-text-color has-link-color wp-elements-4\" style=\"color:#000000;font-size:16px;line-height:1.4\">3. Verify compliance with the rules established by the CSD itself to ensure <strong>rigorous oversight of the grants and public funds allocated.<\/strong><\/h3>\n\n\n\n<h3 id=\"h-4-coordinar-y-ejecutar-un-alto-volumen-de-auditorias-simultaneas-dentro-de-plazos-normativos-estrictos\" class=\"wp-block-heading has-text-color has-link-color wp-elements-5\" style=\"color:#000000;font-size:16px;line-height:1.4\">4. <strong>Coordinate and carry out a high volume of simultaneous audits within strict regulatory<\/strong> deadlines.<\/h3>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-genesis-blocks-gb-columns gb-layout-columns-2 gb-2-col-equal\"><div class=\"gb-layout-column-wrap gb-block-layout-column-gap-3 gb-is-responsive-column\">\n<div class=\"wp-block-genesis-blocks-gb-column gb-block-layout-column\"><div class=\"gb-block-layout-column-inner\" style=\"padding-right:10px\">\n<h2 id=\"h-desarrollo-del-proyecto-por-el-departamento-de-auditoria-y-verificacion-del-sector-publico\" class=\"wp-block-heading has-text-color has-link-color wp-elements-6\" style=\"color:#0f3780;font-size:24px\"><strong>Project development by the Public Sector Audit and Verification Department<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To address this nationwide requirement, we assigned the project entirely to our Public Sector Audit and Verification Department, which specializes in the public sector. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They designed and implemented an audit strategy structured around four key areas:<\/p>\n\n\n\n<h3 id=\"h-auditoria-financiera\" class=\"wp-block-heading has-text-color has-link-color wp-elements-7\" style=\"color:#0fb4d4;font-size:18px\">Financial Audit  <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Substantive testing and a thorough analytical review of the financial statements of the 65 federations are conducted to verify that they accurately reflect their financial and economic status.<\/p>\n\n\n\n<h3 id=\"h-verificacion-de-cumplimiento-normativo-y-pgc-adaptado\" class=\"wp-block-heading has-text-color has-link-color wp-elements-8\" style=\"color:#0fb4d4;font-size:18px\">Verification of Regulatory Compliance and Adapted General Accounting Plan (PGC) <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">We conduct a technical and specialized assessment of the proper application of the General Accounting Plan (PGC) as adapted for sports federations, ensuring the uniformity and comparability of accounting information.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 id=\"h-auditoria-de-liquidacion-presupuestaria\" class=\"wp-block-heading has-text-color has-link-color wp-elements-9\" style=\"color:#0fb4d4;font-size:18px\">Budget Settlement Audit<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The budget audit department is conducting a methodological review of compliance with the CSD&#8217;s settlement instructions to ensure the proper allocation and traceability of public funds.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 id=\"h-gestion-operativa-unificada-y-comunicacion-directa\" class=\"wp-block-heading has-text-color has-link-color wp-elements-10\" style=\"color:#0fb4d4;font-size:18px\">Unified operational management and direct communication<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This entire process was coordinated through the assignment of a specialized technical team from PKF Attest , led by senior auditors responsible for direct communication with both the CSD and the financial officers of the federations.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-genesis-blocks-gb-column gb-block-layout-column\"><div class=\"gb-block-layout-column-inner\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"711\" src=\"https:\/\/www.pkf-attest.es\/wp-content\/uploads\/2026\/10\/Group-377-1.png\" alt=\"Financial auditors for the 65 National Sports Foundations and the CSD\" class=\"wp-image-36246\" srcset=\"https:\/\/www.pkf-attest.es\/wp-content\/uploads\/2026\/10\/Group-377-1.png 500w, https:\/\/www.pkf-attest.es\/wp-content\/uploads\/2026\/10\/Group-377-1-211x300.png 211w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"h-resultado-adjudicacion-continuada-y-renovada-2019-2026\" class=\"wp-block-heading has-text-color has-link-color wp-elements-11\" style=\"color:#0f3780;font-size:24px\">Result:  <strong>Contract Awarded and Renewed (2019\u20132026)<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Thanks to the rigor of our technical reports, the standardization of accounting criteria, our compliance with regulatory filing deadlines, and the operational capacity of our Audit and Verification Department, we have succeeded in building a relationship of trust with the CSD. From 2019 to the present, we have been appointed as auditors without interruption. <\/p>\n","protected":false},"featured_media":36249,"template":"noticias-corporativa-single-post.php","categories":[],"tags":[216,212,283,282],"novedades_corporativa":[],"class_list":["post-36501","noticias","type-noticias","status-publish","has-post-thumbnail","tag-audit-and-assurance","tag-news","tag-sector-publico-en","tag-caso-de-exito-en","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Financial and Regulatory Audit of the 65 National Sports Federations<\/title>\n<meta name=\"description\" content=\"Since 2019, the CSD has appointed PKF Attest as auditor of these federations. 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