This research aims to identify the requirements for applying governance and accounting conservatism to support financial flexibility in Egyptian and Palestinian sports institutions. The sample was chosen randomly The research tools included a governance and accounting conservatism questionnaire to strengthen financial flexibility, and data was collected by applying the questionnaire, and the data collected was classified, tabulated and statistically analyzed, and appropriate statistical methods were followed through the Spss program, and this research followed the descriptive analytical approach.
In order to reach the most important results of the research, which confirm that the calculated (Ka2) value is greater than the tabular (9.49), for all the phrases related to the governance and accounting conservatism questionnaire to support financial flexibility, as the calculated (Ka2) value ranged between (10.062: 52.375), which shows that there are differences It is statistically significant in all phrases, and the estimated percentage of axes phrases is high, which indicates the importance of the phrases of the governance questionnaire and accounting conservatism to support financial flexibility, and the necessity of sports clubs' interest in clarifying the concept of accounting conservatism, and attention to developing mechanisms of governance and accounting conservatism for sports institutions.