FP7-Financial Reporting & Audits

Hotel Novotel Budapest Danube****, Budapest, Hungary

FP7 – Financial Reporting & Audits is a 1,5-day course designed to comprehensively explain the requirements and practices of financial and technical reporting, financial audits and technical reviews in order to easily survive all of them.

Draft Agenda:

DAY 1

Financial Rules of FP7
The new financial rules for FP7 project management including cost models, EC payments, Financial Guarantee Fund, Certificates on Financial Statements, Certificate on Methodology, and Certificate on Average Personnel Costs.

Eligible Direct costs and indirect costs in FP7
Calculation of Personnel costs,Travel costs,Equipment,Other costs,and Overhead based on practical examples.Special cases of third party,in-house consultant,SME owners.

Workshop :reporting
Participants prepare a financial report for FP7,based on “dummy” invoices.

DAY2

Understanding the financial reports

Pragmatic approaches in reporting; Point-by-point assessment of the prepared financial reports, format, content, overall principles, possible bottlenecks.

EC Audits and experiences

The Proposers’ Perspective: Pragmatic approaches in reporting, final reporting, Experiences with EC Audits:how to prepare, format, content, overall principles, possible bottlenecks.

Attendance cost: 890 EUR

Event organizer: Europa Media non-profit Ltd

Register for the FP7-Financial Reporting & Audits