FP7 Financial Reporting & Audits

Venue: Hotel Novotel Budapest Danube

Location: Budapest, Hungary

Event Date/Time: May 05, 2011 End Date/Time: May 05, 2011
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Draft Agenda:

-Financial Rules of FP7
The new financial rules for FP7 project management including cost models, direct costs and indirect costs, EC payments, Financial Guarantee Fund, Certificates on Financial Statements, Certificate on Methodology, and Certificate on Average Personnel Costs.
-Real-time exercise on financial reporting
Workshop with pragmatic approaches in reporting based on dummy invoices and time records generated for each participant: point-by-point assessment of the different situations, what should be included and what should not.
-Technical and financial reporting
Preparing the periodic and final reports (FORM Cs, FORCE/SESAM system, format and content aspects, overall principles, possible bottlenecks).
-Financial Audits
First-hand experiences with project closure and EC Audits: How to prepare (format, content) and how to survive (overall principles) an audit?