{"id":1070,"date":"2026-09-28T09:40:00","date_gmt":"2026-09-28T07:40:00","guid":{"rendered":"https:\/\/www.controlaudit.es\/?p=1070"},"modified":"2026-10-14T09:40:15","modified_gmt":"2026-10-14T07:40:15","slug":"cooperative-audit-valencian-community","status":"publish","type":"post","link":"https:\/\/www.controlaudit.es\/en\/blog\/cooperative-audit-valencian-community\/","title":{"rendered":"Auditing cooperatives in the Valencian Community: housing, agri-food and the 2025 changes"},"content":{"rendered":"
In brief<\/b>Under Article 50 of the consolidated text of the Valencian Cooperatives Act (Legislative Decree 2\/2015), a Valencian cooperative must have its annual accounts audited when the Spanish Audit Act requires it, when it has a credit section, when a minority of members requests it or when the articles of association provide for it or its governing bodies so resolve. Housing cooperatives also have their own cases until the dwellings have been allocated.<\/div>\n

Legislative status at the date of this update.<\/strong> We have reviewed the consolidated text of Legislative Decree 2\/2015 published on BOE.es, last updated on 10 August 2026. Law 5\/2025 of 30 May on fiscal, administrative and financial management measures and on the organisation of the Generalitat amended numerous articles of the cooperatives act but, according to that consolidated text, did not amend Article 50 or paragraph 13 of Article 91, which govern the audit cases.<\/p>\n

Cooperatives in the province of Alicante<\/h2>\n

Cooperatives are an important part of the Alicante economy, especially in the agri-food sector of the Vega Baja (Orihuela, Callosa de Segura, Almorad\u00ed, Pilar de la Horadada) and in L’Alacant\u00ed, and increasingly in housing, including co-housing models. They have their own regime: Valencian legislation governs their bodies, accounting and audit, and partly refers to commercial and audit legislation.<\/p>\n

When must a Valencian cooperative be audited?<\/h2>\n

Article 50.1 of Legislative Decree 2\/2015 requires the annual accounts and the management report to be submitted to an external audit in four cases:<\/p>\n\n\n\n\n\n\n\n\n\n\n
Case<\/th>\nProvision<\/th>\nComments<\/th>\n<\/tr>\n<\/thead>\n
When required by the Spanish Audit Act and its implementing rules<\/td>\nArticle 50.1.a)<\/td>\nRefers to the general cases in Law 22\/2015 and its implementing regulation (Royal Decree 2\/2021)<\/td>\n<\/tr>\n
When the cooperative has set up a credit section<\/td>\nArticle 50.1.b)<\/td>\nRegardless of its size<\/td>\n<\/tr>\n
At the request of at least 10% of the members or 50 of them, addressed to the Cooperatives Register<\/td>\nArticle 50.1.c)<\/td>\nMust be requested within three months of the year-end; the costs are borne by the applicants, who may recover them from the directors if there are serious defects or irregularities<\/td>\n<\/tr>\n
When the articles of association provide for it or the general assembly, the directors or the management supervisory committee so resolve<\/td>\nArticle 50.1.d)<\/td>\nAudit required by the articles of association or voluntary audit<\/td>\n<\/tr>\n
Housing cooperatives with a development under way<\/td>\nArticle 91.13<\/td>\nAdditional cases, explained below<\/td>\n<\/tr>\n
Federations of cooperatives<\/td>\nArticle 106.3<\/td>\nMandatory external audit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The cross-reference in paragraph a) is the one that raises most questions. Valencian law does not set its own thresholds: it relies on audit legislation. This includes, among others, the size criterion that the audit regulation links to the limits in Article 263.2 of the Spanish Companies Act, and the cases of grants or public aid and of public sector contracts of more than \u20ac600,000. We explain these general cases in our guide to mandatory audits and their thresholds in 2026<\/a>. How these criteria apply to a specific cooperative, for example when calculating its net turnover, must be analysed case by case.<\/p>\n

Practical consequences of the obligation<\/h3>\n