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BFA given a clean bill of financial health

Extremely pleased: David Sabir, the BFA general secretary (File photograph)

The Bermuda Football Association’s financial statements have been approved by the BFA Congress.

Audited by Deloitte for the period ending April 30, 2016, the statements were given the all clear at last month’s Annual General Meeting.

In a statement released yesterday the BFA said it was “extremely pleased” that Deloitte had been able to complete the process five months after the end of the financial year.

“The BFA is immensely proud to have received a clean audit opinion from Deloitte Limited,” the statement read.

“The BFA thanks the Association’s full-time Secretariat staff, in particular, financial controller Gideon Kigotho as well as our elected treasurer James Davis for their role in such a successful audit.

“The Association is overwhelmingly pleased, that for several years now, we have had our audited statements produced in such a short period of time.

“We recognise that as a large charitable organisation, we are the beneficiary of Government grants; corporate support; gate revenue from the general public and registration fees from affiliates and players alike.

“We are reassured that the Government, financial partners and people in general can have an extremely high level of confidence in our accounting and sound financial management of our operations.

“We thank everyone involved and look forward to continuing such high financial standards.”

The Executive Council of the BFA will now submit the audited statements to the Charities Commission and the Department of Youth and Sports in the Ministry of Social Development and Sports.