IFSC FINANCIAL REPORTS APPROVED BY EXECUTIVE BOARD
The financial reports for the second quarter of 2020 were today approved by the IFSC Executive Board. Showing profit and loss figures as of 30 June 2020, the reports compare the 2020 budget approved by the Plenary Assembly to the current IFSC financial situation.
In addition to reviewing the IFSC’s finances, the Board also discussed matters relating to governance, multi-sport games and the IFSC calendar, including the IFSC Connected Speed Knockout which was streamed on August 2 in an effort to restart the season in an innovative new format.
“IT WAS A GOOD MEETING WITH A FRUITFUL DISCUSSION AND NOW WE CAN HAVE A SHORT SUMMER BREAK BEFORE MEETING TOGETHER IN BRIANÇON FOR THE WORLD CUP” says IFSC President Marco Scolaris.
The next meeting of the IFSC Executive Board will take place at the IFSC Headquarters in Turin, Italy, on 3-4 September. Board members not able to travel to Turin due to the current climate will attend via teleconference.