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  • Category Virtual Classroom
  • Duration 16h
  • Language English
  • Date 6-7-8 April 2022

Virtual Classroom

Financial management of EU Grants: everything you need to know from budgeting to final audit

3-day session training course designed to strengthen the participants’ skills and capacity in financial management of EU grants

Course Description

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.

Learning objectives

By the end of the course you will be able to:


  • Prepare proper and realistic budgets.
  • Develop and use monitoring tools for checking project expenditure.
  • Prepare a procurement plan and properly apply procurement procedures.
  • Prepare interim and final financial reports.
  • Request further payments.
  • Be ready for expenditure verifications and audits.
Course structure and timing

By subscribing to this course, you will have access to a dedicated page on the PuntoSud learning platform. From here, you can join the live sessions, download the course materials and complete all the assignments.


The curse is structured in 3 days of 4 hours of interactive online sessions combined with self-learning. Total time commitment over the period of the course is approximately 16 hours:


  • Preliminary tasks 1 hour – you will be asked to introduce yourself, complete the survey on training expectations and go through some preliminary training materials.


  • Live sessions12 – 3 sessions of 4 hours each - the session will be facilitated by PuntoSud experts and includes lectures, plenary and group discussions, group work, quizzes and online interactive exercises. The live sessions will be recorded and made available in the learning platform.


  • Additional learning material2 hours – for the duration of the course, you will have at your disposal additional readings and documents, exercises and interactive eLearning modules that you can follow at your own pace.


  • Forum discussion – you can ask questions and share relevant information with the trainers and the other participants.


  • Final tasks30 mins – complete the exit test and fill out the evaluation form.
Who is this course for

This course is designed for:


  • Financial managers and other key staff involved in administrative and financial management, project accounting and financial reporting of EU-funded actions under PRAG rules.


  • Professionals and consultants who are interested in becoming more familiar with financial management of grants under PRAG rules.


  • NOT appropriate for pillar-assessed organizations’ staff acting under the Contribution Agreement.


Basic knowledge of EU project cycle management and main implementation rules is suitable for this course.

Technical requirements

You will need access to a computer or tablet with a microphone and speakers or a headset, and an Internet connection. The course will be held over Zoom – no additional software is required.

How long you will have access to training material

All the material will be available 7 calendar days before the starting date and until 30 calendar days after the end of the last training session.

Certificate of attendance

Once you have completed all the training material and passed the exit test, your certificate of attendance for each specific course will be available to download from the learning platform. The certificates are always available in your profile page with historical data of all PuntoSud Academy courses you’ve attended.

How to buy the course and other FAQs

For any queries please have a look at our FAQs. If you don’t find what you’re looking for or need additional information, please get in touch with our customer care service.

Certificate Program

Save your money and buy this course in the Certificate Program

Mastering financial management of EU Grants


Buy this course and get free access to the
EU Grants Learning HUB

Skill Level

Intermediate - Advanced