Key Aspects of FP7 Financial Management - Brussels, Belgium

FP7 is now at its half way stage and the Commission approach and policy, especially in the area of financial management, has developed considerably since the start of the Programme. For example, an audit strategy for both FP6 and FP7 has been launched and is being actively implemented. In addition, the various FP7 financial guidelines have been recently updated and a new Financial Regulation is taking shape. There are also discussions on further simplification in FP7. This one day course is designed to bring up todate with all these developments.

The course will cover the following subjects:

- Essential financial documentation and sources of reference for the FP7 rules
- The financial rules and the main Funding Schemes
- Ineligible and eligible costs
- The choice of the indirect cost model
- Working with outside auditors (the certification system)
- Financial cost reporting
- Development of management procedures and processes
- What is good practice and how to avoid audits

The briefing will be led by John Stringer, a UK Barrister and Internal Auditor and Simon Walker an experienced R&D funding professional. Both speakers have extensive experience of FP7 financial management and are currently advisers to a number of key R&D Networks.


Venue: Cenelec Conference centre, 17 avenue Marnix, B-1000 Brussels
Further information can be obtained from the website: www.berkleyassociates.eu