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Horizon 2020 Audits.pdf

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Preview of Horizon 2020 Audits
🔗 Source: ukro.ac.uk
📊 Size: 183 KB
👤 Author: UKRO
⬇️ Downloads: 316

Summary

The Horizon 2020 Audits webinar covered EC audits, which can be performed by the Common Audit Service or external audit firms, and are detailed in presentation slides. The European Court of Auditors checks if EC audits were conducted properly. The Common Audit Service conducts around 500 audits per year, with most done by external firms. The Horizon 2020 Model Grant Agreement and Annotated Grant Agreement are standard reference points for lawyers and auditors. Audits normally take a week, involve two auditors, and may include interviews and document checks. Personnel costs are a significant part of project budgets and are subject to specific rules, including time recording and sampling. Time records must be kept, and individuals working exclusively on a project can use a Declaration on exclusive work. Depreciation costs of equipment must be linked to the project, with proof of cost and depreciation in accordance with standard accounting practices and International Accounting Standards.

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Description

The Horizon 2020 Audits webinar covered EC audits, which can be performed by the Common Audit Service or external audit firms, and are detailed in presentation...

Technical Information

  • File Format: PDF
  • File Size: 183 KB
  • Pages: 3
  • Language: EN
  • Author: UKRO
  • Total Downloads: 316
  • Last Updated: 2 weeks ago

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This PDF document about Horizon 2020 Audits provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Horizon 2020 Audits.

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