Understand your rights and obligations for a smooth management of your European contract.Training being held by former EC Officers having hands on experience in EU R&D projects. Day 1: 2hUnderstand the entire cycle of your FP7 projecto Understand clearly the main financial principles of FP7 contracts: co-financing, non-profit, etc. • Understand the financial provisions of your FP7 contractThe cost reimbursement system :o Financial and technical responsibility o Guarantee fund o Actual costs and lump sum/flat rateo Beneficiaries, third parties, special provisionso Total budget, eligible/non eligible costs, maximal EC contribution, etc.o Funding rates per funding schemes, per type of entities and per activity Day 2: 2hUnderstand the financial provisions of your FP7 contractThe cost categories :o Direct costs : personnal, equipment, travel, consumables, subcontracting, tenders, etc. Focus on the staff costs: person-months, productive hours, hourly rate, time sheets, etc.o Indirect costs (Overheads) : how to understand the different methods (actual costs, simplified method, certified methodology, 20% flat rate, 60% flat rate)o Receipts, Interests Day 3: 2hReportingo Reporting periodo Form Co Certificate on Financial Statemento Financial aspects of the “Activity Report”o The EC online reporting system: Force, etc. Day 4: 2hPractical case : How to prepare your budget?o Activity based costingo Example of payment schedule: Pre-financing, intermediate payments, final payment, financial audit, etc.o Tips and best practices Day 5: 2hPractical case: How to manage your budget as a coordinator and as a partner?o Budgeted costs versus actual costso Annual budget updateo Financial scoreboardo Distribution of the EC contributiono Internal organization to comply with the EC ruleso Financial audits o Tips and best practices
When
19 Feb 2012 @ 09:00 am
23 Feb 2012 @ 06:00 pm
Duration: 4 days, 9 hours
Timezone: GMT +1:00 hour
Where
Online Webinar
Language
English en
Organised by
Interface Europe (deactivated) Event published: 16 Jan 2012
Event last updated: 18 Jul 2016