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Horizon 2020 Finance Academy

Contributed by: Europa Media

This brand-new 4-day training programme by Europa Media will provide a complete understanding of finances in Horizon 2020 to project administrators, accountants, CFOs, financial managers, grants offices, research managers, and all those in charge of budgeting H2020 proposals and administering and reporting H2020 projects.
Horizon 2020 Finance Academy
Join Europa Media’s Horizon 2020 Finance Academy and get an all-round understanding of finances in H2020 from A to Z.

Correctly apply the financial rules of Horizon 2020 in your organisation and project: learn how to interpret the articles of the H2020 Annotated Model Grant Agreement

Set your finances in Horizon 2020 straight from the very beginning: understand how to plan and build a robust and sound project budget at the proposal stage

Keep your budget under control during the implementation of your project: know the rules as well as your room to manoeuvre within your budget

Monitor and administer your costs accurately during your project: understand how to establish a sound H2020 financial management and bookkeeping system

Prepare and submit your financial statements correctly: learn how to charge the different types of costs and report them on the Participant Portal

Handle changes and unforeseen events effectively: understand how to manage resources, cost reallocations, adjustments, amendments and other challenging situations

Get prepared for EC financial audits: understand the audit process and organise everything from your project budget to final financial statements accordingly

Why participate in the Horizon 2020 Finance Academy?

1. Trainers are actual H2020 Project Coordinators and Financial Managers

This 4-day training programme is built 100% on H2020 project experience and real-life examples. Our trainers and workshop leaders are flesh-and-bone financial managers and administrators, whose daily work is to plan and coordinate project budgets, prepare financial statements, manage and control project spending, handle amendments and reallocations, and assist our project partners in their financial management and reporting of their H2020 projects. Their projects were recently subjects of an EC audit.

2. Lectures and practical workshops on H2020 budget planning, financial management and reporting, and EC Audits

Experience Europa Media's unique "learning-by-doing" approach. Lectures and presentations with practical tips and stories are complemented by hands-on workshops and exercises throughout the four days.

Topics covered:

Financial rules of Horizon 2020 from A to Z: personnel costs, time-sheets, travel costs, durable equipment, consumables, third parties, certificates, guarantee fund, etc.
Accurate and effective budgeting in H2020 proposals
Budget management and bookkeeping in H2020 projects
Financial management tools in multi-partner Grant Agreements
Budget transfers, amendments and adjustments
Financial reporting in H2020
EC financial audits of H2020 projects

Hands-on workshops:

Workshop: Resource planning and budgeting in H2020 proposals
Understand the importance of planning your project budget at the proposal stage. Participants will go through exercises to estimate their budget for a virtual H2020 proposal in which they are a partner. They will have to calculate their person-month rate correctly, estimate other direct costs such as travel, consumables, equipment and subcontracting, and demonstrate how their technical role and planned activities in the project are consistent with their planned resources and budget.

Workshop: Financial Management and Reporting
Discover the well-known and utterly unique workshop of Europa Media. Participants will receive a package consisting of time-sheets, salary slips, invoices, contracts, per-diem certificates and mission reports for a virtual H2020 project. They will then have to calculate the eligible costs and prepare and submit a financial statement.

Workshop: EC Audit
You will become an auditor for a day! Participants in small groups will perform a financial audit of a virtual Horizon 2020 project based on the documentation provided by us.

For more info and registration please visit:



    Europa Media

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