Tuesday 14 July 2020

PIOB BUDGET

In 2012, the PIOB conducted a fundraising exercise in close coordination with the MG and IFAC. As a result, in 2013, 2014, 2015, 2016, 2017, 2018 and 2019, the PIOB achieved a diversified funding base that includes sources other than IFAC. In 2019, the PIOB received monetary contributions that amounted 1,669,028 euros and an In-kind contribution from the Spanish authorities that amounted to 189,318 euros.

2019 CONTRIBUTIONS

International Federation of Accountants (IFAC)

European Commission (EC)

In-kind contribution from Spanish authorities

International Organization of Securities Commission (IOSCO)

Bank for International Settlements (BIS)

  • International Federation of Accountants: 1,201,028 euros.
  • European Commission: 338,000 euros.
  • In-kind contribution from Spanish authorities: 189,318 euros.
  • International Organization of Securities Commission: 100,000 euros.
  • Bank for International Settlements: 30,000 euros.