BOE-A-2026-15030 ·10 July 2026 ·Royal Decree Medium impact
Tax

The Institute of Sworn Auditors of Accounts of Spain repealed by Law 22/2015; powers transferred to the ICAC

The regulation declares that the powers of the Institute of Sworn Auditors of Accounts of Spain have been tacitly repealed by Law 19/1988 and Law 22/2015, following which the ICAC assumes the supervision of statutory audits. The new Royal Decree approves Statutes but does not modify the existing structure of competencies (Art. 1, 2).

In 2 key points

  1. The powers of the Institute of Sworn Auditors of Accounts of Spain have been tacitly repealed by Law 19/1988 and Law 22/2015 (art. 1)
  2. The ICAC assumes the authorisation and registration within the Official Register of Statutory Auditors (art. 1)

How it affects those involved

Statutory auditors and audit firms lose direct access to authorisation from the Institute, as this function passes to the ICAC (Art. 1). Public administrations that relied on the Institute must redirect their inspection and authorisation processes towards the ICAC. The transition period is not specified in the text.

Lifecycle

2026-07-10PublishedPublished in the BOE
2026-07-30Into forceComes into force (fecha_vigencia (indice oficial del BOE))
Official text Based on BOE data (boe.es). Information, not advice.
PDF on boe.es

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