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Financial Management of EU Funded Projects & External Auditing

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

Why to take this course?

Sound Financial Management practices are critical for a successful completion of a European project. Any European funded project is subject to audit by the European Commission for five years after its end and EC audits have been significantly increased at a European level the last three years for ensuring transparent and sound practices are applied and public money are well spent.

  • today 21-24 November 2017
  • room
    Science 14 Atrium 
    – Rue de La Science 14b, Brussels (Belgium)
  • Day 1+2 EUR 590
    – EARLY BIRD fee (valid only for registration before 07 November 2017)
  • EUR 690
    – Regular participation fee
  • Day 3+4EUR 590
    – EARLY BIRD fee (valid only for registration before 07 November 2017)
  • EUR 690
    – Regular participation fee
  • Full CourseEUR 1200
    – EARLY BIRD fee (valid only for registration before 07 November 2017)
  • EUR 1300
    – Regular participation fee
Day 1 Day 2 Day 3 Day 4
Master financial Management of European Projects
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
  • Eligible Costs/ Eligibility Check (ERA rule)
  • Ineligible costs / Conditions for ineligibility
  • Contribution in cash VS contribution in kind
  • Direct Costs
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Direct Costs (cont.)
  • Indirect Costs (Overheads)
  • Budget Reallocation between categories and partners
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • Coordinator Rights and Obligations
  • Legal Aspects and Administrative Management
16:00 - 17:00
Understanding how a financial audit from the European Commission works and avoiding pitfalls
Register
09:00 - 10:00
09:00 - 10:30
  • Fundamentals on EC Auditing: Audit types, Contractual Provisions, EC audit outcomes and process
  • Preparing for the EC Audit
  • Pitfalls to avoid in EC audits
10:00 - 11:00
10:30 - 11:00
Coffee break
11:00 - 12:00
11:00 - 12:30
  • Preparing for the EC Audit (cont.)
  • Conduction of the field audit: what to be prepared for?
  • EC Audit Outcome
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Payroll and Time Management
  • Minimum contractual conditions
  • Basic Tips
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • 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 : Apply the mastered financial management practices in any European Funding Programme
16:00 - 17:00
Practical Session
Register
09:00 - 10:00
09:00 - 10:30
  • Practical Session: Working on your own financial reporting
10:00 - 11:00
10:30 - 11:00
Coffee break
11:00 - 12:00
11:00 - 12:30
  • Practical Session: Working on your own financial reporting
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Practical Session: Working on your own financial reporting
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • Tools and Template
16:00 - 17:00
Practical Session
Register
09:00 - 10:00
09:00 - 10:30
  • Cases study: How to adjust an unsuccessful financial reporting
10:00 - 11:00
10:30 - 11:00
Coffee break
11:00 - 12:00
11:00 - 12:30
  • Cases study: How to adjust an unsuccessful financial reporting
12:00 - 13:00
12:30 - 13:30
Lunch break
13:00 - 14:00
13:30 - 15:00
  • Networking and Consulting
14:00 - 15:00
15:00 - 16:00
15:00 - 15:30
Coffee break
15:30 - 17:00
  • Networking and Consulting
16:00 - 17:00

 

Course leader:

Nikolaos Floratos

European Commission Expert in Project Management of EU Projects and e-Accessibility services, Cyberall Access Ltd. Mr. Floratos mainly delivers courses on Successful Planning and Management of European Funded Projects as well as Effective Dissemination and Exploitation of European funded projects. He has also been engaged as expert from the European Commission on evaluating proposals requesting EC funding as well as reviewing EU projects since 2003 and he has managed so far more than seventy EU projects since 1997. He presents the most suitable mix as an EC expert and project manager with teaching experience. He has worked in six European countries and has cooperated and trained hundreds of individuals and organizations in successful proposal writing as well as project management of European funded projects.

 

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