Finances

The IFSC finances its own activities through sources such as:

  1. Membership and subscription fees of its Members;
  2. The organization and authorization of Competitions, competitor entry fees, and any other fees relating to official competitions;
  3. and any other fees relating to official competitions.

The Plenary Assembly of the IFSC receives and approves annual budgets detailing the forecast income from all sources and the proposed annual expenditure. The financial reports - audited by the accredited Auditor according to the international recognized standards – are approved each year by the Plenary Assembly.

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