Trainings - Financial aspects of FP7contracts

• 09:00   Welcome of participants

• 09:30   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 Development

• 11:15   Coffee break

• 11:30   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 practices

• 13:00   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 deadlines

• 15:30   Coffee break

• 15:45   Session 4 : Final Reporting to the European Commission

  • Reports and deliverables
  • Certificate on the financial statements and certificate on the methodology
  • Form C

• 17:30   Conclusion and end of module

Madeleine Smagacz - Email: madeleine.smagacz@interfaceurope.eu - Tel: +32 (0)2 213 00 30