* 09:00 Welcome of participants * 09:30 Session 1 : Understand the financial environment of your project o The financial basis of the project : o The financial regulation and the rules for participation o Understand the main financial principles of European research contracts o The cost reimbursement system : o Eligible and non eligible costs o Cost models and their consequences o Different types of reimbursement of costs o The Community Framework for State Aid for Research and Development * 11:15 Coffee break * 11:30 Session 2 : Practical case : How to prepare your budget o The preparation of your budget o How to calculate the prefinancing, the contribution to the guarantee fund and the final retention o Advice and best practices * 13:00 Lunch * 14:30 Session 3 : How to manage your budget? o Budget management for participants o Budget management for coordinator o Payments by the European Commission: Approval and deadlines * 15:30 Coffee break * 15:45 Session 4 : Final Reporting to the European Commission o Reports and deliverables o Certificate on the financial statements and certificate on the methodology o Form C * 17:30 Conclusion and end of module