Nikolaos Floratos
teaches:

Master Financial Management of European projects
Stress free management practices and dealing successfully with auditing by the European Commission

Master Financial Management of European projects

Stress free management practices and dealing successfully with auditing by the European Commission.

Masterclass overview

A competent financial manager of European funded projects will never be jobless since more than 140 billion EUR should be managed properly every year by following the ENA rule. They need to be Economic, Necessary and Actual.
However, acceptance of your financial reports by the funding authority or an auditing firm is not enough. Your project can be audited by EC services and its agencies from 3 to 5 years after its last payment and EC audits have been tripled since 2007. EC auditing identifies errors to 87% of audited beneficiaries that lead to rejection of claimed costs in their financial statement that have been approved initially by the funding authority and its financial officer.

  • today 5-6 November 2018
  • room
    Science 14 Atrium 
    – Rue de La Science 14b, Brussels (Belgium)
  • euro_symbol
    EUR 890
    – Regular participation fee

Agenda: Register € 890

Fundamentals as financial manager and familiarization on EU Legislation on European Funds
Register
09:00 - 10:00
09:00 - 10:30
  • Fundamentals in Financing Rules: Funding types, Financial Liabilities, EC payments and auditing periods
  • How to specify/distribute the budget during the application process
10:00 - 11:00
10:30 - 11:00
Coffee break
11:00 - 12:00
11:00 - 12:30
  • How to use and take advantage of specific EU legislation on european funds and apply it within your financial management practices and for defending your arguments to the EC officers and auditors
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Group work on EU Legislation on European funds
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • Coordinator Rights and Obligations
  • Contractual Aspects and Administrative Management
16:00 - 17:00
Error-free Financial Reporting Practices
Register
09:00 - 10:00
09:00 - 10:30
  • Eligible Costs/ Eligibility Check (ENA rule)
  • Ineligible costs / Conditions for ineligibility
  • Direct Costs Categories
  • Indirect Costs
  • Practices for eligibility of staff costs
  • Time monitoring and recording free tools
10:00 - 11:00
10:30 - 11:00
Coffee break
11:00 - 12:00
11:00 - 12:30
  • Practices for eligibility of mission (travel and accommodation) costs
  • Practices for eligibility of Equipment costs
  • Practices for eligibility of Subcontracting costs
  • Practices for eligibility of Other costs
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Think and act like a competent financial manager of European Funded projects, i.e.:
  • Understanding the financial reporting
  • What should and should not be included
  • How to monitor and control your partners’ financial reports
  • How to be a project manager and think as an accountant and vice versa
  • Errors and common mistakes in financial reporting
  • Individual support on completing the financial report of your project
  • How to apply the ENA rule in any European Funding Programme
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • Discussion on any gaps and addressing individualised weaknesses for ensuring all participants are confident in addressing their financial reporting tasks
16:00 - 17:00
€890.00
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Nikolaos is ranked by Google and Linkedin in the top three positions as funding expert. The last 9 years, he has transformed hundrends of individuals into successful administrative and financial managers through science-backed and experience-based training and coaching practices...

Meet the expert

Masterclasses promoters:

Adding value to our work at the international level

    European Projects Association asbl (EPA)

    The use of innovative information and communication technologies is a distinctive characteristic of this leading cooperation network dedicated to the European projects stakeholders. EPA supports the goals of organizations, experts and individuals with a complete set of ICT tools on My Europa platform and services that foster development, effective implementation and efficient dissemination of EU projects. EPA is a recognized innovative actor at the European level as a point in which knowledge and experience meet to create an ideal multimedia environment for the development of European projects.

    Informo Association

    Informo acts with an aim to improve the life conditions of the Croatian citizens in various areas with a special attention to the youth and the unemployed. In addition, Informo performs consultations in regards to preparation and implementation of projects which apply for national and international funding (EU, UN, and others) and the implementation and evaluation of projects financed by EU funds, providing information services on the EU options, and other consulting services.