Handling Finances of EU Funded Projects

EU funded projects put high demands on project leaders and coordinators. Especially the correct financial accounting of the project is a great challenge. Beneficiaries have to follow the strict and complex rules set up by the European Commission.

At this advanced seminar, designed by the European Academy for Taxes, Economics & Law particularly for the needs of beneficiaries of EU funded projects experts from the following institutions:

• Federal Public Planning Service for Social Integration, Belgium
• EU Funds Audit Authority under the Ministry of National Economy,
• Directorate General for Audit of European Funds, Hungary
• IOM – International Organization for Migration The Hague, the Netherlands
• Ministry of Finance, EU Funds Audit Department, Latvia
• ACFI-FIAS – Federation of Social & Professional Inclusion Initiatives, Belgium
• Region Syddanmark, Project “HOLD FAST“, Denmark

will share their specific first-hand knowledge on

• What does the European Commission require from beneficiaries of EU Funds regarding the financial accounting of EU funded projects;
• How can I manage my bookkeeping in the correct way;
• How to differentiate variable costs, fixed costs, direct costs and indirect costs;
• Which costs are eligible and how do I cope with disallowance of costs;
• How can I avoid ineligible costs already from the beginning of the project;
• What do I have to be aware of in using flatrates to simplify accountancy;
• What needs to be done if a change of the budget occurs during project implementation;
• How do I assure a smooth cooperation between administrative staff and those implementing the project in practice;
• How can I prepare for administrative checks and verifications, on-the-spot checks as well as financial audits from the Audit Authority;
• What do you have to take into account when finalising a project

All details regarding this seminar as well as the registration form are available here: http://www.euroakad.eu/fileadmin/user_upload/dateien/seminars/Financial_Accounting_of_EU_Funded_Projects_PR.pdf

This advanced seminar is also an Optional Course for the „Master of Management in EU Funds“. Please find further information about the master course here: http://www.europaeische-akademie.net/fileadmin/user_upload/dateien/conferences/Master_Course_Reader_PR.pdf

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This release was published on openPR.