ICANN Accountability: Difference between revisions
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===Financial Accountability=== | ===Financial Accountability=== | ||
There are three stages in the ICANN financial accountability framework: | There are three stages in the ICANN financial accountability framework: | ||
# planning, | # ''planning'', which encompasses Strategic Planning, Operational Planning, and budgeting. In the first six months of each fiscal year, ICANN develops its three-year strategic plan; in the second six months of the year, ICANN develops the operating plan and the budget for the next fiscal year; | ||
# monitoring, and | # ''monitoring'', part of which includes the ICANN Board's two committees for reviewing ICANN’s financial affairs: the Finance Committee and the Audit Committee; and | ||
# reporting. | # ''reporting'', part of which includes the Audit Committee's presentation to the Board of a final audited set of accounts following the end of the fiscal year, an audit report examining the standard of compliance with accounting standards, and the posting of final accounts on ICANN's website. | ||
==Reporting== | ==Reporting== | ||
===Accountability Indicators=== | ===Accountability Indicators=== | ||