Financial Affairs Regulations for Sports Federations (2014)

Sources: Bahrain Olympic Committee. 

These regulations establish a comprehensive legal and financial framework to govern the financial and accounting transactions of all sports federations in the Kingdom of Bahrain. The regulations aim to unify financial systems, ensure strict control over approved budgets, and define the responsibilities of the Board of Directors and administrative staff regarding the expenditure of public funds. The document includes precise procedures for procurement, petty cash management, capital expenditures, and manpower payroll, while mandating external auditing to ensure financial transparency and integrity.