ICANN and PTI Publish Audited Financial Statements for FY20
LOS ANGELES – 26 October 2020 – Today, the Internet Corporation for Assigned Names and Numbers (ICANN) published its audited consolidated financial statements and Public Technical Identifiers (PTI) published its audited financial statements for the fiscal year ending 30 June 2020, in accordance with Section 22.3 of ICANN’s Bylaws and Section 9.8 of PTI’s Bylaws.
The financial statements are accompanied by an “unqualified” opinion report from BDO LLP, ICANN’s and PTI’s independent auditors, indicating that the audit did not identify any issues.
In support of a continued commitment to accountability and transparency, these and other financial documents are posted to the ICANN Current Year Financial Reports page and the Financial Information for Public Technical Identifiers (PTI) page.
In addition, the ICANN Board has also published the FY20 Annual Report, which contains the FY20 Report on Board Expenses as required by the Bylaws.
These financial documents and the Annual Report are required by the Bylaws to be posted within 120 days after the close of the fiscal year, or by 28 October 2020.
ICANN invites the community to review all of the documents. Please submit questions and comments to firstname.lastname@example.org.
ICANN’s mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a not-for-profit public-benefit corporation with a community of participants from all over the world.
Public Technical Identifiers (PTI) is responsible for the operational aspects of coordinating the Internet’s unique identifiers and maintaining the trust of the community to provide these services in an unbiased, responsible, and effective manner. Mainly, PTI is responsible for the operation of the IANA functions:
Public Technical Identifiers (PTI) was incorporated in August 2016 as an affiliate of ICANN, and, through contracts and subcontracts with ICANN, began performing the IANA functions on behalf of ICANN in October 2016.
Learn more about the delivery of the IANA services at iana.org.