Finances

The IFSC finances its own activities through sources including:

1. The membership and subscription fees of its Member Federations
2. The organisation and authorisation of competitions
3. Competitor entry fees and any other fees relating to official competitions

The IFSC General Assembly receives and approves annual budgets detailing the forecast income from all sources and the proposed annual expenditure. The financial statements, audited by the accredited auditor according to international recognised standards, are approved each year by the General Assembly.