FP7 - Financial Reporting and Audits

Those organizations implementing EC projects and wanting to know how they can keep better, more efficient financial records of their projects in order to survive the project audits.

The course will be held at the Hotel Novotel Budapest Danube**** and will begin at 8.00 in the morning and conclude approximately 16.00 on 28 May 2010. Information concerning the venue and accommodation options will be sent upon registration.

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?

DETAILED AGENDA: You can download the tentative agenda here.

Standard rate is EUR 849 + VAT*.

* VAT is 25%.

Rates include official training material (electronic+hard copy), coffee breaks and lunch for one day.

Accommodation is not included in the course price but a special rate of the venue hotel is available via the Booking form. Information on other accommodation opportunities will be sent upon registration.

The organizers of the course have an outstanding track record of initiating, managing and implementing European projects. Senior project managers of Europa Media and GEONARDO Ltd. will act as trainers during the course. The multinational composition and the profound experience of the staff combined with the much sought after focus on the practicalities make the FP7 Project Development course the ultimate solution in research proposal and project development.

Budapest (Hungary) possesses a rich and fascinating history as well as a vibrant cultural heritage. Recognizing the unique value of its traditions it has managed to maintain its magic and charm, and is rightly known as the Queen of the Danube. It has also been called the City of Spas, as there are a dozen thermal baths complexes served by over a hundred natural thermal springs.
Visit www.budapestinfo.hu for further information.

Accommodation is not included in the course price and should be arranged individually by the participants.
Special rate is available for the participants at the vennue hotel. You can download the booking form HERE. Information on other accommodation possibilities will be sent upon course registration.

How to apply?
On-line application: You can apply on-line through our electronic application system. Just click HERE to register for this course or click Apply here on the left-hand side to register for another course. On-line registration is fast and simple and allows you to pay online via credit or debit card or through bank transfer.

Application by Fax: You can apply via fax by sending a completed application form found at the back of the downloadable brochure to +36 1 436 9038. Applying by fax allows you to pay only by bank transfer.

What happens after registration?
A confirmation email will be sent within 48 hours of registering online (or 48 hours after fax has been received). The email will contain detailed information concerning administrative and payment issues, and information about accommodation possibilities. If you do not receive this confirmation emails, please call Europa Media at +36 1 453 3801.

How can I pay the registration fee?
On-line Payment: Participants registering online can take advantage of the online payment system. The online payment systems utilises World Pay. Word Pay is a secure online payment system that allows participants to pay immediately with a credit card (MasterCard, Visa, Visa Delta, Visa Purchasing, Laser, but not American Express!).

Bank Transfer: Participants may also pay via bank transfer after they have received the confirmation email from Europa Media. The confirmation email will include all necessary information required to facilitate a bank transfer. After the confirmation email, all applicants will receive through email a Pdf. version of the invoice that is being prepared that will also include the necessary bank transfer information (account number, IBAN number, SWIFT code, etc.). Once the transfer has been made, please fax a copy of the confirmation to Europa Media at +36 1 436 9038. Once the money transfer is received by Europa Media the original invoice will be posted to the indicated postal address by regular priority mail.

*In order to take part in the international training, applicants shall send payment in advance, at least 10 working days prior to the start of the event. Please do not forget to indicate the number of your invoice and the name of the applicant on the bank transfer order!

How can I find the venue?

One-week before the workshop starts Europa Media will email you the How to get to the Venue, a practical guide including maps, addresses, transportation possibilities, important phone number, etc. Using this guide will ease your travel to and stay during the workshop.