09-28-2012 12:55 PM CET - Business, Economy, Finances, Banking & Insurance
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The European Union has various funds and instruments to support stakeholders in the R&D and the commercialisation of research results

Press release from: European Academy for Taxes, Economics & Law

The European Academy for Taxes, Economics & Law organises a 2-day interactive training seminar "Financial Accounting in EU Research Funding - Eligible Costs, Financial Reporting, Preparation for Audits" that will take place in Berlin on October 25th - 26th.

For the different funds different rules for financial accounting, reporting and auditing apply. In the last year, the European Commission has significantly increased the number of FP7 audits. Other EU funding instruments such as ERDF (including INTERREG), ESF, and CIP differ in the sets of eligibility rules and compliance requirements that they have to fulfill. Failure to follow these rules can result in hard financial consequences for the beneficiary

The financial accounting and reporting of projects funded by FP7, ERDF (including INTERREG), ESF, and CIP are considered very time consuming and complex.

Receive first-hand knowledge in the following crucial topics:

• How to successfully comply with financial requirements and duties of research funding
• What are possible differences and common aspects of FP7 and Horizon 2020 (FP8)
• Which costs can be considered eligible in the different funding programmes
• How to define direct and indirect costs
• How to prepare for a Commission audit
• How to use financial planning and financial spreadsheets most effectively

All relevant information about this training seminar as well as the registration form you will find here: www.euroakad.eu/fileadmin/user_upload/dateien/seminars/Fi...

The European Academy for Taxes, Economy & Law offers expertise in the core areas of common European law and regulations: EU Funding, Taxes, State Aid, Energy & the Environment, IT, Internal Affairs and Internal Security. With the aid of European and National experts this knowledge transfer proceeds via different information channels, especially by publications and high class events designed as congresses, conferences, seminars and workshops. In-house Conference Managers research, analyse, check, filter and evaluate market information and conceive out of it practice-oriented expert meetings independently. The European Knowledge Network connects management and staff from all areas of civil service and the European economy to strengthen the network of expertise at large and to simplify their daily workload. EUROPE UNITED BY KNOWLEDGE.

Asya Ognyanova

European Academy for Taxes, Economics & Law
Hausvogteiplatz 13, 10117 Berlin, Germany
Phone: +49 (0)30 80 20 80 230
Fax: +49 (0)30 80 20 80 250
E-Mail: info@euroacad.eu
Internet: www.euroacad.eu

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