Workshop Title: 1 Day Financial Workshop Workshop Target: Financial, Admin staff and Researchers and Project Managers. Workshop Aim: To ensure the attendees have an overview of the FP7 and H2020 rules. This is key in enabling them to understand and implement their own financial responsibilities and options in applying for and undertaking an EU RTD project. Venue: At your premises Workshop Cost: £4,000 + Travel + Subsistence costs for 1 person. The Workshop will include specially prepared materials including: presentations and workbooks with illustrated examples ready for printing. These workshops will be conducted by experienced Project Managers. Please note that we can customise each workshop and tailor it to your specific requirements Sample Agenda: H2020 Introduction · Free H2020 Book · What is a Framework Program? · Framework Program Budgets · Workflow · Project Phases · Funding Schemes · Different Implementations · Brussels' Language FP7 Vs H2020 and Eligibility · Terminology changes · Major Changes summary · Eligibility for Funding H2020 Participation · Sub Contractors Major and Minor · Third parties · Small & Medium sized Enterprises (SMEs) · SME Independence H2020 Grant Agreement · Different Annexes explained When do we get money? · Pre-financing · Distribution (Consortium Agreement) · Guarantee Mechanism · Financial Viability · Funding Rates Forms of grants · Eligible Costs · Flat rates · Lump-sum financing Personnel Costs · Man Month Rates · Personnel Costs calculation · 3 Options · In-house consultants · Timesheets · Timesheets for Academics · Example of Productive Hours · Hourly Personnel Rate · Employment and Personnel Issues · Students · Overtime · Unit Costs Bookkeeping · Direct Vs Indirect Costs · Accounting Records · Books of Account · Dual currency accounting · Cost Recording Budgets · How to budget correctly at the proposal stage · Budgeting issues · Budgeting Spreadsheet (tool) Proposal Submission system SEP · SEP Setup · SEP forms · SEP Submittal Unique Registration Facility (URF) · Unique Registration Facility (URF) · Participant Portal / PIC Receipts to the project · What is a receipt? · Types of receipts · Interest earned Eligible & Ineligible costs · Eligible Direct Costs · Ineligible costs · VAT · Taxes Overheads · Indirect v direct costs · Funding Clarification Financial Reporting · FP7 Interim reporting · FP7 Final reporting · Project progress report · Financial Contribution · Timing and approval of financial reports · FP7 Form C · NEF VS FORCE · Online reporting · CSAs Reporting Certificate on Financial Statement · When are CFSs required? · Auditor’s instructions · Certificate on the Methodology · Using a CPO as auditor · Certification in H2020 EU Audits / Liquidated Damages · EU Audits · Follow up Liquidated damages · How to avoid Liquidated damages. · Consequences and Extra Penalties · What to do if things go wrong? The Role of the Coordinator · Coordinator's responsibilities If you would like some more information or discuss dates, then please contact us here.
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