09:00 Welcome of participants09:30 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 Development11:15 Coffee break11:30 Session 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 practices13:00 Lunch 14:30 Session 3 : How to manage your budget?> Budget management for participants> Budget management for coordinator> Payments by the European Commission: Approval and deadlines15:30 Coffee break15:45 Session 4 : Final Reporting to the European Commission> Reports and deliverables> Certificate on the financial statements and certificate on the methodology> Form C17:30 Conclusion and end of module