Financing
ANNUAL REPORT 2023
The financial statements are prepared in line with the rules governing the financial framework of IACA and relevant decisions made by its organs. They are based on Generally Accepted Accounting Principles, giving a true and fair view of the Organization’s financial position.
Budget execution
The consolidated budget comprises:
- the general expenses, containing the essential administration, facility, and infrastructure costs necessary for accommodating and running the organization and the institutional costs necessary for the steering and governance of the organization, and
- the project/programme funds, containing dedicated funds for programmes and activities and for providing scholarships.
Summary of the profit and loss statement (EUR)
|
Voluntary contributions |
1,193,200.30 |
|
|
Fees from academic and standardized programmes |
904,751 |
|
|
Revenue from extra-budgetary resources (balance) |
516,291 |
|
|
Other revenue* |
606,506 |
|
|
Appropriations for the general structure |
-3,327,199 |
|
|
Appropriations for the implementation of activities/projects |
-259,125 |
|
|
Loss according to the profit and loss statement (EUR) |
-365,575.75 |
Other Revenue line includes income from sales of other products, such as merchandise, and also includes the annual amount for the rent of the facility in Laxenburg.
Voluntary Contributions for the general budget in 2023 (EUR)
| Country | Amount |
| Austria | 800,000.00 € |
| Azerbaijan | 10,460.00 € |
| China | 158,930.18 € |
| Chile | 7,182.05 € |
| Côte d'Ivoire | 20,001.31 € |
| Cyprus | 10.000,00 € |
| Hungary | 10.000,00 € |
| Kazakhstan | 10.000,00 € |
| Republic of Korea | 46,816.56 € |
| Malaysia | 100,000.00 € |
| Mongolia | 10,000.00 € |
| Thailand | 9.810.20 € |
Contributions earmarked for special projects partly implemented in 2023
| Other | Total funding | |
| Siemens Integrity Initiative Third Funding Round | $ 1.500.000,00 | (2020 - 2024) |
| Siemens Integrity Initiative Golden Stretch Funding Round | $ 2.169.186,00 | (2021 - 2025) |
| Nazaha Initiative on the Measurement of Corruption | $ 1,150,000 | (2021-2025) |
| KBA-NotaSys Integrity Fund | € 150.000,00 | (2021-2023) |
| Swiss Federal Department of Foreign Affairs | € 23.500,05 | (2021-2023) |
| Romania | € 300.000,00 | (2021-2023) |
| Austrian Development Agency (ADA) | € 147,000.00 | (2023 – 2025) |
| UNODC | € 33,302.72 | (2023 – 2024) |
Independent External Audit of the financial year 2023
The independent external auditors, appointed by the Board of Governors (BoG) from senior members of the national supreme audit or other suitable institutions of IACA Parties, formed a collegial body of three. From 25 to 27 April 2024, they conducted the audit in the hybrid format, with one auditor participating online and two auditors being present at IACA premises in Laxenburg. External auditors act in their personal capacity and enjoy functional and organizational independence in conducting the audit. Following the approval of the Board of Governors (BoG), the findings of the independent external audit are presented and taken note of at the organization’s annual Assembly of Parties.
Scholarships
IACA offers a limited number of scholarships, generally for students from Least Developed Countries (LDCs) as defined by the United Nations, and for citizens from IACA State Parties listed under the World Bank Classification of Countries by Income as the Lower-Middle and Upper-Middle-Income Economies. These highly competitive scholarships are merit-based, and they fully or partially cover the programme fee.
In 2023, IACA offered 49 full scholarships and 51 partial scholarships to students and participants of its academic programmes and open trainings, courtesy of the Siemens Integrity Initiative. The highly qualified participants benefiting from these scholarships hailed the following countries: Afghanistan, Albania, Argentina, Armenia, Azerbaijan, Bolivia, Brazil, Chile, China, Colombia, Costa Rica, Democratic Republic of Congo, Ecuador, Egypt, El Salvador, Honduras, Gambia, Georgia, Guatemala, Indonesia, Kazakhstan, Kenya, Lesotho, Madagascar, Malawi, Malaysia, Mexico, Mozambique, Nepal, Nigeria, Pakistan, Paraguay, Peru, Philippines, Republic of Korea, the Russian Federation, Senegal, Serbia, Solomon Islands, Somalia, South Africa, Sudan, Türkiye, Uganda, Uzbekistan, Venezuela, and Zambia.
Under the Empowering Women through Education to Fight Corruption project funded by the Koenig and Bauer Notasys Integrity Fund, 91 female professionals were awarded scholarships to participate in IACA’s Open Online Trainings. The scholarship recipients represented the following 44 countries: Argentina, Austria, Azerbaijan, Brazil, Burkina Faso, Cameroon, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Egypt, France, Ghana, Greece, Iran, Italy, Iraq, Kazakhstan, Kenya, Kyrgyz Republic, Liberia, Malawi, Mexico, Mozambique, Namibia, Nigeria, North Macedonia, Paraguay, Peru, Philippines, Poland, Slovakia, South Africa, Somalia, Spain, Swaziland, Uganda, the United States of America, Uruguay, Uzbekistan, Zambia, and Zimbabwe.