Understand the financial rules of the game.Session 1 : Understand the financial environment of your project - The financial basis of the project : - The financial regulation and the rules for participation - Understand the main financial principles of European research contracts - The cost reimbursement system : - Eligible and non eligible costs - Cost models and their consequences - Different types of reimbursement of costs - The Community Framework for State Aid for Research and DevelopmentSession 2 : Practical case : How to prepare your budget - The preparation of your budget - How to calculate the prefinancing, the contribution to the guarantee fund and the final retention - Advice and best practicesSession 3 : How to manage your budget? - Budget management for participants - Budget management for coordinator - Payments by the European Commission: Approval and deadlinesSession 4 : Final Reporting to the European Commission - Reports and deliverables - Certificate on the financial statements and certificate on the methodology - Form CModalities: - Advanced level - Price: 590