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  • Category Learning Plan
  • Number of Courses 4
  • Language English
  • Duration 19,5 hours

Learning Plan

Mastering financial management of EU Grants

A learning plan composed of one virtual classroom course and three eLearning modules, to gain the know-how you need to properly manage, report and account for EU international cooperation programs.

Description

This learning plan offers intensive and practical immersion in the PRAG rules and procedures regarding the financial management of grants financed by DG INTPA, DG NEAR and EU Delegations. Gain advanced skills in budgeting, financial monitoring, reporting, and auditing. Get all the information you need to ensure compliance with EU rules on eligibility of expenditure, record-keeping and procurement, and to carry out a successful and smooth expenditure verification process.

Learning Objectives

At the end of the learning plan you will be able to:

  • Prepare a project budget, according to the eligibility criteria and rules, including possible simplified cost options.
  • Develop and use monitoring tools for checking project expenditure in terms of eligibility and record-keeping.
  • Properly apply procurement principles and procedures and confidently organise procurement processes.
  • Prepare interim and final financial reports.
  • Prepare accounting and supporting document for expenditure verifications.

Virtual Classroom

This practical overview covers everything you need to know about the financial management of EU-funded projects financed by DG INTPA/DG NEAR and the EU Delegations under the PRAG rules, starting from the preparation of a suitable and realistic budget. Find out how to prepare a procurement plan for the purchase of supplies, services and works in accordance with EU rules. Hone your knowledge and tools for monitoring project expenditure, ensuring the eligibility of costs and the collection of all needed supporting documents. Learn how to conduct budget modifications as needed during project implementation, and become fully prepared for expenditure verifications and possible audits.

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eLearning

This systematic guidance teaches you how to organize procurement processes in the framework of EU grants. Become familiar with procurement principles and terminology, and learn how to translate them into practical procedures. Become comfortable preparing procurement plans and get equipped to organize calls for tenders or negotiated procedures by following our step-by-step guidelines and ready-to-use checklists and templates.

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This course is based on a practical scenario in which characters working for an imaginary organisation are faced with an expenditure verification. There’s no reason to be intimidated or stressed by this type of financial check! Our practical tips and tricks will prepare you for this important step in EU grant management and help you avoid risks related to ineligibility of costs. Know exactly what to expect from auditors and how to organize the information and documents that must be provided to them during the verification process.

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In the last years, the DG INTPA and DG NEAR gave grant applicants the possibility to present budgets including simplified cost options. The main aim of simplified cost options is to simplify and reduce administrative burdens and to shift the allocation of resources from the administrative/financial control to the achievement of project results. Although there are available some guidelines on the use of simplified cost options, many organisations often encounter difficulties in their practical use, when it comes to cost calculation and eligibility of costs and need to familiarise with EU requirements. This short eLearning aims at giving a practical guide on the use of Simplified Cost Options, from proposal to reporting and expenditure verification stages.

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Community

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EU Grants Learning HUB

575Euro

(excluding VAT - to be added if due)

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