The Ecole polytechnique fédérale de Lausanne (EPFL) is an independent, public-sector university recognised around the world. It carries out joint R&D projects with Swiss and foreign companies and collaborates with top-tier universities from across the globe. Its funding comes from government agencies in Switzerland, other European countries, Ameri-ca, and Asia, as well as from numerous foundations. The past ten years have seen major changes in the standards of governance that universities are expected to adhere to. These changes include the adoption of the IPSAS standards, which effectively convey the strength of EPFL’s financial position as illustrated in the various tables.
