Financial Management of FP7 Projects

The financial guidelines for EU-funded research projects in FP7 cover everything from eligible costs to interest earned on advance payments, from payment terms to penalties, from subcontracting to social costs. The workshop covers the financial management aspects of a FP7 project in all phases of the project – from the preparation of the proposal to the final audit after the end of the project. Participants get a complete overview of the financial rules and regulations of EU projects and learn how to implement them in a correct and efficient way.

The following topics will be covered:
• Basics of EC research funding
• Funding schemes
• Participation, subcontracting, third parties
• Funding regimes, lump sums, flat rates
• Funding rates, activities
• Eligible & ineligible costs
• Calculation of project budget
• Negotiating financial issues in Grant Agreements and Consortium Agreements
• Reporting requirements & electronic reporting tools
• Certificates on the financial statement
• Certificate on the methodology
• EC audits

The workshop is held in English and designed for project managers, administrators and all other personnel involved in EU research projects whether as coordinators or partners.

Date: 09 - 10 July 2013



If you would like more information, please contact Elisabeth Gillich elisabeth.gillich@kit.edu