The International Anti-Corruption Academy (IACA) is an international intergovernmental organization based in Laxenburg, Austria that teaches government officials and professionals about anti-corruption measures. Membership to the organization is, without a mandatory membership fee, open to UN-member states and intergovernmental organizations. History The process of creating an International organization focusing on anti-Corruption education dates back to the year 2005, when an Interpol-working group started to discuss such endeavor and was firstly raised publicly in 2006 at an Interpol General Assembly. IACA was launched in 2010 by the United Nations Office on Drugs and Crime, Interpol, the European Anti-Fraud Office (OLAF), the Republic of Austria, and other stake-holders to help implement the UN Convention against Corruption. On March 8, 2011, IACA gained the status of an international organization. As of 2013, 61 countries had signed the IACA membership agreement, and 38 of those had ratified it. Since the accession of Kenya to the IACA in August 2020, the organisation has 80 members, including four intergovernmental organizations and 76 UN member states. Organization Educational program IACA is recognized as an institution for post-graduate education by the Austrian ministry of Science, Research and Economy and is subsequently entitled to offer post-graduate education under the framework of the Bologna process. It started its first Masters program in February 2013; at that time the coursework was run in seven twelve-day blocks, taken over two years. IACA offers four Masters programs, three of them are offered in English, while one program is conducted in Spanish. IACA's approach towards its Masters programs is described as holistic by the OSCE and the research portal of the French Ministry for the Economy and Finance. El Mundo reported that the studies are designed to be interdisciplinary and have a practical dimension. In 2018 there were approximately 1,600 alumni. Finances The Austrian news magazine, News, reported that IACA posted a budget of €12.98 million for the 2014 financial year and a budget of €13.24 million for 2015; while noting that the actual revenues for 2013 were €2.3 million and expenditures were around €2.1 million. IACA told the News that the higher numbers were based on their fund-raising goals. At the end of 2015 and the beginning of 2016 IACA underwent a turnover in staff. During IACA's seventh Assembly of Parties in September 2018, Eduardo Vetere, the chairman of IACA's Board of Governors, referred to an external auditor's report which concluded that IACA